Cablevision Might Buy The New York Daily News For $1

Dolan, President and CEO of Cablevision Systems and Executive Chairman of Madison Square Garden Company, speaks during a news conference to announce details of a newly renovated Madison Square Garden in New YorkThe New York Daily News is in serious trouble, they just had a $30 million dollar loss last year. There’s now a rumor that Cablevision may be buying the paper for $1 dollar. If this goes down at least James Dolan will only have to worry about the New York Post shitting all over him.

Read more at reuters.com

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