We’re not betting on The New York Daily News being sold, but if it is, Cablevision CEO and New York Knicks owner James Dolan has emerged as a likely buyer. The New York Post reports that Dolan is interested in acquiring the tabloid because it would be a natural add-on to Cablevision’s Newsday.
The Daily News already loses about $20 million a year, so it’d be tough for things to get worse for the paper. However, if Dolan buys it, he’ll find a way.
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