Wanted: A "trophy buyer" with deep pockets, a big ego and little hope of ever seeing a profit.
A day after the Daily News went up for auction, a slew of names were floated as potential buyers — though almost all have good reason to steer clear of the embattled tabloid.
"Most of the names that have surfaced so far are businessmen. They are not philanthropists," said author and New Yorker media writer Ken Auletta.
The paper loses an estimated $20 million or more a year and generates $175 million in revenue.
Mort Zuckerman stunned staffers Thursday with the news that he had hired investment bank Lazard to explore a sale after getting an unsolicited offer.
The identity of that individual remains a mystery and given that Zuckerman started a public auction instead of a quiet sale, some have questioned how serious an overture it was.
The Financial Times reported that Zuckerman has approached wealthy businessmen in New York and overseas in recent weeks.
Newsday owner Cablevision has the cash but risks backlash from investors still unhappy about the drag on earnings from the $650 million purchase of the perennially money-losing paper in 2008.
The Ricketts family, which founded TD Ameritrade and brought news site DNAinfo to New York, was also mentioned.
Other names include: Revlon owner Ron Perlman, who tried to buy the Philadelphia Inquirer; real-estate scion Jared Kushner, who owns the New York Observer; Variety owner Jay Penske; supermarket magnate Ron Burkle; and former Mayor Mike Bloomberg.
The price of big city papers has tumbled as advertising and circulation have eroded.
The high point in recent deals was the $250 million that Amazon founder Jeff Bezos paid for the Washington Post in 2013. That price was inflated, in the eye of most observers, because Bezos was buying the No. 1 paper in the nation's capital.
"Whoever buys the Daily News will be getting the paper that is third or fourth in circulation in New York," said Aul.
Anda sedang membaca artikel tentang
Daily News buyer would need deep pockets — and a huge ego
Dengan url
http://bahayaprostat.blogspot.com/2015/02/daily-news-buyer-would-need-deep.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Daily News buyer would need deep pockets — and a huge ego
namun jangan lupa untuk meletakkan link
Daily News buyer would need deep pockets — and a huge ego
sebagai sumbernya
0 komentar:
Posting Komentar