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May 6 2008 3:31PM EDT

Late Breaks: The Price of Murdoch's Friendship

-Is staying on Rupert Murdoch's good side worth $70 million to Sam Zell? That may be what the Newsday sale comes down to. [Newsday]

-New York Times op-ed columnist Paul Krugman says a Barack Obama campaign ad misquotes him. [Jake Tapper]

-Speaking of Obama, his ties to Rev. Jeremiah Wright was just about all the media could talk about last week. [PEJ]

-Newsweek has found a new home in Tribeca. [Media Mob]

-Making fun of Fox News's bedbug problem "seemed like a good idea at the time," says a public relations executive who underestimated the cable network's vindictive streak. [Gawker]

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