Cablevision Acquires Newsday After Murdoch Steps Aside

Cablevision on Monday morning (May 12) announced its second major acquisition in just over a week, having agreed to pony up $650 million for the Long Island daily paper, Newsday.
 
Per terms of the deal, Cablevision will pick up approximately 97 percent of Newsday Media Group, a collection of publications and online properties that includes the flagship paper and its digital extension, Newsday.com,

AW+

INDEPENDENCE DAY SALE

Subscribe today!

APPLY PROMO CODE "JULY20" AT CHECK OUT FOR 20% OFF

View Subscription Options

Already a member? Sign in