Romenesko

Newsday
Rupert Murdoch says he expects to wrap up his $580-million purchase of Newsday in as little as a week, and that Cablevision's efforts will fail. "This is a great market and this will give us a very powerful position." He says of the New York Post and Newsday: "We're not putting them to be one newspaper. But there are great savings in printing and distribution and normal back office . There's a lot we can do together and we'll pursue that."