If you think sports betting is fun, you should try sports investing.
Forbes came out with its rich people in America list, so let’s play a little game among the media set. Here are 5 media moguls, and here are 4 figures that represent their net worth. See how many you get right!
1. Rupert Murdoch
2. Ted Turner
3. Si Newhouse
4. Charles Dolan
5. Read More
The execs at the Tennis Channel need a little lesson on how the Dolans work. We’re here to help you!
First, a little background. The Tennis Channel is a relatively new, 24-hour tennis network, much in the same style as the NFL Network. They’re out here at the U.S. Open and broadcasting matches on the Read More
The Dolans are enacting their first big job cuts at Newsday.
In total, 5 percent of the workforce will be reduced with hits on both in the newsroom and on the business side. For editorial, the sports department, photo department and newsroom editors will be hit hardest. The position of sports columnist will be entirely Read More
After a trip to Tiananmen Square, Times columnist Harvey Araton wrote about the media policy for reporters covering the Knicks that the Observer chronicled back in November (quick refresher: reporters were restricted from speaking to a player or an MSG employee without a P.R. person present with a BlackBerry in hand to take notes).
On a trip Read More
Newsday, you’re free of Sam Zell!
The $650 million transaction that has brought the Long Island daily into the hands of Charles and Jim Dolan closed today.
It should be cause for grand celebration. But then again, only days after the deal was announced, a Newsday reporter told The Observer, "People Read More
Yesterday at Cablevision’s annual shareholders meeting, Cablevision boss Charles Dolan acknowledged that he’s not quite sure what he got himself into with buying Newsday.
"We’re very aware of our inexperience with newspapers," he said.
"We plan to consult widely and seek advice from people who have backgrounds and are professionals in the field." Read More
The Dolans win the bidding for the Long Island daily for $650 million. The deal is structured the way Sam Zell needed it to be–the Dolans pick up 97 percent of the company, while the Tribune company retains 3 percent. Here’s the release:
CABLEVISION TO ACQUIRE 97% STAKE IN NEWSDAY MEDIA GROUP THROUGH PARTNERSHIP Read More
Later this morning, Newsday should belong to the Dolans.
Their $650 million bid will likely be accepted by Tribune owner Sam Zell later this morning, and the only thing that stands in the way are "minor details," said Charles Dolan in an interview last night with Newsday. The Times reports that Charles and Read More
The Dolans bought the Sundance Channel today for $496 million. And what of Newsday? They still have the leading bid. Read More