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Here is the one thing you need to know about the Cablevision deal for Newsday. This publicly traded company was up against two moguls, who each owned a nearby newspaper....
…specifically the Media and Money Conference. “I think the shareholders are out of their minds. . . . [The deal] was based on a debt package that can’t be replicated....
The media world continues to shapeshift as new forms arise and old assumptions erode. On this blog, Bloomberg Businessweek will provide sharp analysis and timely reports on the transformation of this constantly changing terrain.