Little Mogul Wants Little L.I. Daily
Tribune Co owner Sam Zell is looking to unload Long Island tab Newsday, because Newsday is the saddest paper in his mostly sad stable. So far, rumors have flown that New York Post and Wall Street Journal owner Rupert Murdoch is interested, but the Journal reports today that junior real-estate magnate Jared Kushner "is among those who may be contemplating bids to buy or enter into a partnership with Newsday, according to a person familiar with the situation." Apparently owning the ailing Long Island tab would help keep down the costs of printing Kushner's first foray into vanity newspaper ownership, the New York Observer. [WSJ]