Alan Mutter submits: Cablevision’s (CVC) bold plan to purchase Newsday
will test as never before the concept – and the economics – of the
hyper-consolidation of local media by a single company. Don’t count on
it succeeding.
By adding the dominant Long Island Daily and the
free amNewYork to the largest and most highly concentrated cluster of
cable systems in the country, Cablevision has the potential to become
nearly all things media to many of the more than 4.5 million households and 600,000 businesses who use its cable services in New York, New Jersey and Connecticut. Complete Story » ...
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