FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Tribune’s Zell: Newspapers Can’t Survive

Sam Zell
visited Bloomberg TV to proclaim that Tribune Co. would be out of bankruptcy by the end of the first quarter. But when asked if he regretted the deal — if it was, in fact, the “worst business decision he’s ever made” — he didn’t back down.

“It’s certainly the most amount of money I’ve ever lost in a single deal,” he said.

However, Zell said that given the challenges facing all newspaper companies, “Nobody can survive.”

Yesterday, we had New York Times publisher Arthur Sulzberger Jr. comparing print media to the Titanic, and today Zell admits that the end is near. Uh oh.

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!