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Newsday

Earnings
Cablevision: Not Giving Up On Newsday; Advanced Ads Drive Revenue Gains

May 5, 2011 10:55 AM

Since Cablevision (NYSE: CVC) doesn’t break out results for Newsday any more, it’s hard to know exactly how bad the Long Island newspaper is doing. But it’s clear that the property represents a drag on otherwise pretty solid business. During the Q&A with investors, COO Tom Rutledge was asked if…

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Posted In: Advertising, Local, Media & Publishing, TV, VOD, Money, Earnings, Social Media, Video, Companies, Apple, iPad, Cablevision, newsday

Industry Moves
Newsday Shuffles Execs In Media Group Reorg

Jul 27, 2010 4:09 PM

Newsday, the local Long Island daily owned by Cablevision (NYSE: CVC), has made some changes on the publishing side. The newspaper is promoting publisher Terry Jimenez to the role of president of Newsday Media Group and tapped sales head Fred Groser to succeed him in his current post.

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Posted In: Industry Moves, Media & Publishing, Newspapers, fred groser, newsday, terry jimenez

Newsday.com Relaunches Real Estate Ad Portal

Feb 4, 2010 2:34 PM

While Newsday.com’s tall paywall hasn’t attracted even three dozen subscribers, the Cablevision-owned newspaper is still hoping to attract real estate advertisers and prospective home buyers to its relaunched classified ad portal, Optimum Homes. The revamped classified channel will fulfill part of the plans that Cablevision (NYSE: CVC) intended when it…

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Posted In: Advertising, Media & Publishing, Newspapers, newsday

Memo From Cablevision’s Smith: Newsday’s Online Strategy Is About Cable, Print Retention, Not Sales

Jan 28, 2010 4:12 PM

This week’s coverage of Newsday Publisher Terry Jimenez’s acknowledgment that Newsday.com has sold only 35 online-only subscriptions since putting up a high paywall prompted an staff-wide strategy memo from Cablevision (NYSE: CVC) brass. Tad Smith, the former CEO of RBI USA who joined Cablevision as president of local media last…

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Posted In: Media & Publishing, Magazines, Online News, newsday, tad smith

Newsday Said It Wasn’t Putting Up A Paywall To Sell Online Subscriptions—And It Isn’t

Jan 26, 2010 5:34 PM

Updated to include Newsday’s response. It sounds like Newsday is fulfilling at least one part of its paywall plan: not selling online subscriptions. Sure, subscriptions are available but unlike the New York Times Co. (NYSE: NYT)  or others who are looking at various pay models to raise income, the real…

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Posted In: Media & Publishing, Newspapers, Online News, TV, Cable & Telecom, Companies, Best Buy, Cablevision, Disney, ABC, debby krenek, newsday

Newsday.com’s Pay Wall Lets In Ex-Cablevision Subs

Jan 14, 2010 8:51 AM

There’s a bit of a hole in the pay wall set up by Newsday, the Long Island newspaper owned by Cablevision (NYSE: CVC) Systems: users with defunct Optimum Online broadband accounts have been able to log in to read the news, too.

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Posted In: Media & Publishing, Newspapers, Companies, Best Buy, Cablevision, Disney, ABC, newsday

Newsday.com’s Krenek Promoted To Editor In Chief, Newsday; Will Head Both

Dec 11, 2009 4:06 PM

Debby Krenek, who led the recent switch of Newsday.com to a subscription-only site, has been rewarded with a promotion to editor in chief of Newsday and EVP-digital media. effective immediately. It’s her second stint at the top of a major New York newspaper. Krenek was EIC of the New York…

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Posted In: Media & Publishing, Newspapers, Companies, Best Buy, Cablevision, Disney, ABC, debby krenek, newsday

Most Of Cablevision’s Newsday.com Goes Exclusive For Print, Optimum Online Subs

Oct 22, 2009 9:01 AM

Updated: Cablevision (NYSE: CVC) is testing the power of its combined ownership of Newsday and the dominant Long Island broadband provider with a bold move: making access to most of Newsday.com an exclusive benefit for print subscribers and its Optimum Online customers throughout the New York area as of Oct.…

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Posted In: Media & Publishing, Newspapers, Online News, Companies, Best Buy, Cablevision, Disney, ABC, newsday, optimum online, tad smith

8-K Watch: Cablevision Warns Will Write Down Up To $450 Million On Newsday Purchase

Feb 10, 2009 10:05 AM

Cablevision’s questionable decision to buy fellow Long Island-er Newsday last summer will result in a writedown ranging from $375 million and $450 million for its 2008 earnings, the company said in an SEC filing. The cable operator, which reports its Q4 and full-year ‘08 earnings on Feb. 26, bought Newsday…

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Posted In: Media & Publishing, Newspapers, TV, Cable & Telecom, Money, Companies, Best Buy, Cablevision, Disney, ABC, newsday

Newsday Cuts 100—And Hikes Its Price

Dec 5, 2008 5:30 PM

Just because Newsday is now owned by a cable company instead of a newspaper publisher doesn’t mean it can escape the inevitable. The Long Island daily is the latest newspaper to take out the job ax, as Crain’s NY Business says the paper is cutting 100 posts, or 5 percent…

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Posted In: Jobs & Layoffs, Media & Publishing, Newspapers, layoffs, newsday

Cablevision’s Newsday Acquisition: Dolans Paid A Steep 10X Multiple; Sundance and IFC Integrate

Oct 13, 2008 10:15 AM

Three months into completely owning Newsday, Cablevision (NYSE: CVC) has come out with some more numbers about the newspaper’s financial situation last year and first half of this year, in an SEC filing late Friday, also picked up by Rich Greenfield. Newsday was bought in July for about $650 million.…

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Posted In: Media & Publishing, Newspapers, TV, Cable & Telecom, Companies, Best Buy, Cablevision, Disney, ABC, ifc, newsday, sundance

Cablevision’s Newsday Acquisition Gets Antitrust Clearance

Jun 24, 2008 11:15 AM

Cablevision (NYSE: CVC) has received the green light from the FTC for its acquisition of Long Island newspaper Newsday, according to Reuters. This wasn’t expected to be a major hurdle, but antitrust issues came up a lot during the bidding. When Rupert Murdoch’s News Corp (NYSE: NWS) was seen as…

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Posted In: Legal, Regulatory, Media & Publishing, Newspapers, Companies, Best Buy, Cablevision, Disney, ABC, newsday

It’s Official: Cablevision Confirms Newsday Acquisition; Acquiring 97 Percent For $632 Million

May 12, 2008 7:04 AM

As expected, Cablevision (NYSE: CVC) has won the Newsday-stakes, and will acquire 97 percent of the Tribune-owned paper for $632 million. Tribune will get another $18 million related to prepaid rent, bringing the total value of the transaction to $650 million. The announcement touts the potential for the Long Island-based…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Best Buy, Cablevision, Disney, ABC, Tribune, newsday

Updated: News Corp. Withdraws Bid For Newsday; Cablevision Founder C. Dolan Confident; Deal Today?

May 12, 2008 1:42 AM

Update: A slew of reports Sunday from a variety of media outlets (who could all be talking to the same person as far as we know) claiming that a deal could be announced as soon as Monday. We’ll go with Newsday, which actually talked to CVC’s Charles Dolan” “I think…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Best Buy, Cablevision, Disney, ABC, News Corp., newsday, rupert murdoch

Cablevision Bids $650 Million For Newsday; Murdoch Won’t Match: Reports

May 4, 2008 2:57 PM

Offering to outspend Rupert Murdoch and Mort Zuckerman by $70 million to acquire Newsday from Tribune Co., Cablevision Systems Corp (NYSE: CVC). has formally bid $650 million, according to the paper’s sources. The two publishers were being given the chance to up their matching $580 million bids, but AP is…

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Posted In: Media & Publishing, TV, Cable & Telecom, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Best Buy, Cablevision, Disney, ABC, newsday

Cablevision Ready To Pay $650 Million For Newsday: Report

Apr 30, 2008 2:41 PM

Yesterday, reports had Cablevision (NYSE: CVC) making a joint bid, possibly with Jared Kushner, for Newsday, the Long Island-based paper. Now WSJ is reporting that the cable operator is willing to pay $650 million, though it doesn’t say anything on whether this is a joint bid or not. According to…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Best Buy, Cablevision, Disney, ABC, News Corp., Tribune, jared kushner, newsday

Cablevision Ponders Joint Bid For Newsday; Possible Combo With Jared Kushner: Report

Apr 29, 2008 11:22 AM

Don’t count on Newsday, the Tribune-owned Long Island paper, going to News Corp (NYSE: NWS). just yet. Not only is Zuckerman still in the hunt, but new reports have Cablevision (NYSE: CVC) (the LI-based cable operator) making some kind of play for the company. Reuters suggests that the company may…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Best Buy, Cablevision, Disney, ABC, Tribune, jared kushner, newsday

Lauren Rich Fine On Rupert Murdoch’s Newspaper Addiction

Apr 23, 2008 5:02 PM

Newspaper and internet analyst Lauren Rich Fine retired last year after 19 years with Merrill Lynch. Her post-ML activities include Practitioner in Residence at Kent State University’s College of Communication and Information and the Advisory Board of the Poynter Institute. Rupert Murdoch is – a) addicted to newspapers, b) addicted…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, News Corp., Dow Jones, Wall Street Journal, lauren rich fine, newsday, rupert murdoch

Latest Report Adds Kushner To The List Of Potential Newsday Suitors

Apr 1, 2008 10:27 PM

Add Jared Kushner, owner of the New York Observer, to the pool of potential suitors for Newsday, according to the Wall Street Journal. Those already reported to be interested include Rupert Murdoch and News Corp (NYSE: NWS). the Dolans and Cablevision (NYSE: CVC), and Mort Zuckerman, owner of the NY…

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Posted In: Media & Publishing, Newspapers, Companies, News Corp., Tribune, jared kushner, newsday

Earnings
10-K Watch: Tribune: Newsday Numbers; Disposals Planned; Interactive Revs Up 12 Percent

Mar 21, 2008 10:57 AM

Privately-held Tribune has filed its 10-K, a day after reports suggested that the company was shopping Newsday. Also yesterday, the company released Q4 numbers showing it had swung to a loss. The filing gives a fuller picture of the challenge ahead for owner Sam Zell, as he copes with a…

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Posted In: Media & Publishing, Newspapers, Money, Earnings, Companies, Tribune, newsday

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