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Rupert Murdoch Making a Bid for ‘Newsday’?

According to Crain's, Rupert Murdoch and News Corp. might be plotting to buy Long Island tabloid Newsday. The news comes shortly after the release of the quarterly results of the Tribune Company (Newsday's owner), which showed an $78 million loss in its continuing operations at the end of 2007.

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Barack Is the New Brangelina!

MEDIA • Turns out Barack Obama's underwear is more interesting to Us Weekly readers than Britney Spears's custody battles. A Q&A with the Chicago senator in which he refused to answer the boxers-or-briefs question generated the some of the highest-ever traffic for a single article on the site, second only to news of Heath Ledger's death [WWD] • The Sam Zell bloodbath continues: The Tribune Co. owner axes 120 Newsday jobs. [NYP] •Is Matt Drudge the world's most powerful journalist? [Telegraph] • The FBI isn't happy with a recent Rolling Stone article on the Joint Terrorism Task Forces. [Mixed Media/Portfolio]

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