Fishbowl6thBorough: Greg Osberg Named Philly Papers’ New Publisher

Greg Osberg, formerly the president and publisher of Newsweek, is the new publisher and CEO of the Daily News, the Philadelphia Inquirer and

In taking the helm at the yet-unnamed company (formerly Philadelphia Newspapers LLC), Obserg is set to pave the way towards focusing more on digital media initiatives, such as providing content for smart phones or the iPad.

Osberg’s appointment comes one day after the bankrupt company was auctioned off to its lenders for $139 million.