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This belongs to you. Take it back...
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News Corp 
Tue Apr 22, 2008 at 00:56:03 AM EDT
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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.
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Mon Dec 17, 2007 at 12:27:02 PM EST
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Apparently, there has been an explosion at the News Corp building in midtown Manhattan.
An explosion was reported at the News Corp building in midtown Manhattan on Monday, a New York Fire Department spokeswoman said.
Employees were evacuated from floors 42 to 45, she said.
Breaking News Network, which monitors emergency services activity, reported one person had been injured by a chemical used in a cooling station.
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Tue Nov 13, 2007 at 19:25:25 PM EST
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As if you needed any more proof that Fox News is in the tank for Rudy Giuliani, as if the recent brouhaha over Fox News TV footage used in TV ads (OK for Rudy, not so for Romney) didn't tell you all you need to know on that subject, here comes one of Bernie Kerik's mistresses, former book publisher Judith Regan, to set you straight. In a $100 million lawsuit filed today, Regan accuses a "senior executive" at News Corp of encouraging her to lie to federal investigators about her relationship with Kerik in order to protect the presidential viability of Rudy Giuliani. Oh, yeah. If what she is alleging is true, and her lawyer says she has the proof to back it up, this could be very big news. From the Times:
Ex-Publisher Says News Corp. Official Wanted Her to Lie to Protect Giuliani
Judith Regan, the book publisher who was fired by the News Corporation last year, asserts in a lawsuit filed today that a senior executive at the media conglomerate encouraged her to mislead federal investigators about her relationship with Bernard B. Kerik during his bid to become homeland security secretary in late 2004.
The lawsuit asserts that the News Corporation executive wanted to protect the presidential aspirations of former Mayor Rudolph W. Giuliani, Mr. Kerik's mentor, who had appointed him New York City police commissioner and had recommended him for the federal post.
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In the civil complaint filed in state court in Manhattan, Ms. Regan says the company has long sought to promote Mr. Giuliani's ambitions. But the lawsuit does not elaborate on that charge, or identify the executive who she alleged pressured her to mislead investigators, nor does it offer details or evidence to back up her claim.
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"Defendants were well aware that Regan had a personal relationship with Kerik," the complaint says. "In fact, a senior executive in the News Corporation organization told Regan that he believed she had information about Kerik that, if disclosed, would harm Giuliani's presidential campaign. This executive advised Regan to lie to, and to withhold information from, investigators concerning Kerik."
Any argument to the effect that Fox News is a credible journalistic enterprise are henceforth inoperative.
UPDATE: The Smoking Gun has the complaint. Here's a screenshot of the relevant passage:
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