Just How Bad (or Good) is Newsday?

David Kaplan reports on Newsday: 


Since Cablevision (NYSE: CVC) doesn’t break out results for Newsday any more, it’s hard to know exactly how bad the Long Island newspaper is doing. But it’s clear that the property represents a drag on otherwise pretty solid business. During the Q&A with investors, COO Tom Rutledge was asked if the company might be better off shutting it down.

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