Company Overview of New York Daily News Company
New York Daily News Company publishes news in both print and online editions in the United States. It offers political, sports, entertainment, lifestyle, travel, finance, and technology related news. The company was founded in 1919 and is headquartered in New York, New York.
141 East 25th Street
New York, NY 10010
Founded in 1919
Key Executives for New York Daily News Company
Chief Executive Officer and President
Chairman of The Board, Co-Publisher, Chief Editor and Owner
Senior Vice President of Circulation
Senior Vice President of Sales and Marketing
Compensation as of Fiscal Year 2014.
New York Daily News Company Key Developments
Steven Witkoff Plans To Buy New York Daily
May 21 15
Steven Witkoff is planning to buy New York Daily News Company. Gerry Cardinale's RedBird Capital Partners LLC is advising Steven Witkoff on his offer for New York Daily. Jimmy Finkelstein and John Catsimatidis submitted their final bids this week for New York Daily, according to people familiar with the matter. Mort Zuckerman, owner of New York Daily is trying to get the three bidders to raise their offers before deciding on whether he will sell, one of the people added. Cablevision Systems Corporation (NYSE:CVC) has dropped out of the bidding.
Bids For Daily News Due This Week
May 18 15
Mortimer B. Zuckerman seeks to sell New York Daily News Company and final bids for the company are due this week.
Cablevision May Drop Bid for NY Daily News
May 12 15
Cablevision Systems Corporation (NYSE:CVC) is planning to pull out of the auction process for New York Daily News Company after spending hundreds of hours analyzing a potential deal, according to a person familiar with the matter. Cablevision had bid just $1 for the tabloid newspaper in March, Reuters reported at the time. It is now planning to bow out ahead of a second-round bid deadline next week, the source said on Tuesday, asking not to be named because the process is confidential. Cablevision declined to comment while a representative for the New York Daily News could not immediately be reached for a comment.
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