James Dolan Interested in Ruining Daily News

This will not end well.

We’re not betting on The New York Daily News being sold, but if it is, Cablevision CEO and New York Knicks owner James Dolan has emerged as a likely buyer. The New York Post reports that Dolan is interested in acquiring the tabloid because it would be a natural add-on to Cablevision’s Newsday.

The Daily News already loses about $20 million a year, so it’d be tough for things to get worse for the paper. However, if Dolan buys it, he’ll find a way.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in