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Idle Chatter Buying And Selling Mostly Selling

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by Mark Stein
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Aug 01 2008 1:14pm EDT

Idle Chatter: Buying and Selling, Mostly Selling

Having been denied a chance to buy Newsday earlier this year, New York Observer owner Jared Kushner might make a run at the Newark Star-Ledger if the Newhouse family wants to sell. [WSJ]

CBS puts 50 radio stations on the block. Falling economy is killing local advertising, it says. [Variety]

New Batman movie The Dark Knight has already sold more than $300 million worth of tickets in the U.S. and is on pace to become the biggest movie hit in history. So why isn't it helping Time Warner's anemic stock? [Hollywood Reporter (subscription required) via Yahoo]

If newspapers are dying, who will gather the news? Don't count on the Associated Press. [Newsosaur]

by Mark Stein

Jeff Bercovici is taking the day off. He will be back on Monday.

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