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 to 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 are Read More
Vornado Realty Trust CEO Steve Roth told investors Tuesday that he wants to redo Penn Station in a scaled-back version of the grand Moynihan Station plan, moving Madison Square Garden’s WaMu theater out of the arena structure to make way for a large train station entrance hall.
Despite a push by Vornado and Read More
When Madison Square Garden unceremoniously announced on March 27, via late-afternoon calls to reporters, that it was moving forward on a renovation of its arena, it seemed to be the death blow to the planned redevelopment of Pennsylvania Station and the surrounding area. The Garden, led by chairman James Dolan, was exhausted with the lack 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.
But!
"We plan to consult widely and seek advice from people who have backgrounds and are professionals in the field." Read More
On the afternoon of May 10, when word got out that Rupert Murdoch was dropping his bid to buy Newsday, the writing was on the wall: For a likely $650 million, the odd-couple father-and-son team of Chuck and Jim Dolan would be the paper’s new owners.
So on May 11, Newsday’s business desk dispatched 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 James Read More
The Dolans bought the Sundance Channel today for $496 million. And what of Newsday? They still have the leading bid.
David Paterson was on the WFAN "Boomer and Carton" show this morning, expressing frustration over the city’s stalled major development projects.
“What I’m going to do," Paterson told the hosts, "is probably move construction of Moynihan [Station] to the Port Authority, which I think has a better chance of getting it done quickly, Read More
