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March 10, 2009

Rupert Murdoch Buys The Brooklyn Paper

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The Observer is reporting that billionaire newspaper collector Rupert Murdoch is purchasing The Brooklyn Paper, which just happens to be THE ONLY local paper that has taken an editorial stance against Bruce Ratner's $4 billion Atlantic Yards boondoggle:

In 2006, Mr. Murdoch purchased a rival chain of papers, The Courier-Life chain, which publishes 12 papers in Brooklyn.

According to The Observer, editor Gersh Kuntzman isn't worried:

"They don’t want the product to change," said Mr. Kuntzman. "And they love the product. And the product is fantastic."

Ms. Weintrob said an official statement would be released on Friday.

We're cringing; Only the Blog Knows Brooklyn blogger and The Brooklyn Paper's "SmartMom," Louise Crawford, explains why:

That's a shocker to me. Now a lot of things I was wondering about are making sense.

I knew nothing about it although Gersh did recently hint that some investors might be interested in the Brooklyn Paper.
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This is a crazy turn of events and one that leaves many of us feeling slightly (slightly?) uncomfortable. Gersh has worked for Murdoch before and he's a very independent guy. I am very curious what this mean and how things will roll out. .

I was wondering why the Brooklyn Paper's phone-waiting music isn't WNYC Radio anymore. And that recent Atlantic Yards turnaround by the paper's publisher.

Hmmmmm. Questions. Questions.

NoLandGrab: Could this start a new Brooklyn newspaper war for the best Brooklyn Murdoch weekly?

Posted by lumi at March 10, 2009 8:25 PM