Tell Zell reports that after missing the Sam Zell / Randy Michaels press conference yesterday, he caught it and was unimpressed: The entire argument collapses on a single point. No newspaper is losing money. Each paper takes in more cash than it pays out. The problem is, they don't take in enough money to pay off Sam's $13-billion debt. (Extra points go to the InkStained Retch for linking to this Los Angeles Magazine piece. The Hartford Courant wasn't any easier on Zell: continued... New Career Opportunities Daily: The best jobs in media ...
Anytime
