Newsday.com is the leading news source for Long Island and NYC. Long Island Sports Entertainment News Lifestyle Business Health Opinion Jobs Cars Real Estate Founded by Alicia Patterson, with backing from her husband, Harry Guggenheim, the paper was first published on September 3, 1940 from Hempstead. After Patterson's death in 1963, Guggenheim became publisher and editor.In 1967, Guggenheim turned over the publisher position to Bill Moyers and continued as president and editor-in-chief. But
Guggenheim was disappointed by the liberal drift of the newspaper under Moyers, criticizing what he called the "left-wing" coverage of Vietnam War protests. The two split over the 1968 presidential election, with Guggenheim signing an editorial supporting Richard Nixon, when Moyers supported Hubert Humphrey.Guggenheim sold his majority share to the then-conservative Times-Mirror Company over the attempt of newspaper employees to block the sale, even though Moyers offered $10 million more than the Times-Mirror purchase price; Moyers resigned a few days later. Guggenheim, who died a year later, disinherited Moyers from his will.
Newsday launched a separate Queens edition in 1977, followed by a New York City edition. In June 2000, Times Mirror merged with the Tribune Company, partnering Newsday with the New York City television station WPIX (Channel 11), also owned by Tribune. Chicago, Illinois, real estate magnate Samuel Zell purchased Tribune in 2007.
News Corporation, headed by CEO Rupert Murdoch, attempted to purchase Newsday for $580 million in April 2008. This was soon followed by a matching bid from New York Daily News owner Mort Zuckerman and a $680 million bid from Cablevision. In May 2008, News Corporation withdrew its bid and on May 12, 2008, Newsday reported that Cablevision would purchase the paper for $650 million. The sale was completed July 29, 2008 http://www.newsday.com
