| Reuters is reporting that News Corp is planning to buy a majority stake in Newsday and then merge it with the New York Post.
There are still regulatory hurdles, but with the Bush FCC, I would wager that this deal will happen.
All I can say at this point is that this is a sad, sad shame. Newsday is one of the best of the dying breed of quality regional newspapers. They are a staple in my RSS feed, but I have a feeling that will change once Murdoch takes the helm.
I'll close this diary with a quote from an op-ed in today's paper:
The trouble with Albany today
Unfortunately, the undemocratic demise of congestion pricing is simply one of the highest-profile examples of business as usual in Albany. As the Brennan Center detailed in reports in 2004 and 2006, floor debate is a rarity for major legislation. Between 1997 and 2001, only about one in 20 bills in either house received substantive debate. Nearly 90 percent of major laws in both the Assembly and Senate passed without any discussion at all.
(snip)
Some news reports blamed the death of congestion pricing on Bloomberg's alleged heavy-handed approach. But it wasn't the mayor who slew the congestion pricing beast, it was Albany's dysfunction. The unfortunate affair may in fact pay dividends, however: Because of the way it was handled, the public is more aware than ever of the strange ways of Albany and is likely to side with accountability come November. The crack in Albany's dam may finally have arrived.
Thank you Newsday- you will be missed. |
