Murdoch enters bid battle for Tribune

[brettdale]

"reminds me of the Simpson's episodes where Mr Burns trys to buy up every media outlet"

http://www.rawstory.com/showarticle.php?src=http%3A%2F%2Fwww.msnbc.msn.com%2Fid%2F16776157%2F

Murdoch enters bid battle for Tribune

Rupert Murdoch's News Corporation has joined the Chandler family in its bid for Tribune Company, with an eye to taking a stake in New York's Newsday newspaper.

Newsday, which is based in Long Island, is one of Tribune's largest newspapers, along with the Los Angeles Times and Chicago Tribune. The media group, which put itself up for sale in September, also includes 23 television stations and the Chicago Cubs baseball team.

A person familiar with the situation said Mr Murdoch wanted to combine back office and operational functions at Newsday with those of the New York Post, the News Corp tabloid that has made big circulation gains in recent years but continues to rack up losses.

Mr Murdoch would likely take a minority stake in a consortium owning the Tribune's newspapers, rather than attempting to buy outright control of Newsday, the person added. Given News Corp's television and newspapers interests in the New York market, the company would be constrained my media ownership rules.

[Critters2]

1. The Trib is such a POS. I doubt I'd notice the difference. nt

[Jim Sagle]

3. Oh, you'd notice.

Murdoch ran the Sun-Times for a brief interlude back in the 80s. Every cheap tabloid trick in the book was on full display - the trashy celebs, the cropped photos, the bingo games, the UFO kidnapping stories, the kidnap-rape-torture-dismemberment stories, and the giant cabbage stories.

Murdoch ended up selling the paper within a year or so. Makes me wonder why he thinks his shit wouldn't stink this time around.

[illinoisprogressive]

2. keep that sleazy creep out of Chicago!!!!!!

[Pryderi]

4. Someone put a stop to this son-of-a-bitch!

[Phredicles]

5. Awwww, CRAP!!! Doesn't this mean he'd own the LA Times, too?

Just when I thought the ol' fish wrap couldn't stink any worse...

[Wizard777]

6. NOOOOOOOOOOOO(Okay periodic spaces)OOOOOOOOO!