Newsday Media Group was described by

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

as "the

parent company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

of the Long Island tabloid" (referring to

Newsday ''Newsday'' is an American daily newspaper that primarily serves Nassau and Suffolk counties on Long Island, although it is also sold throughout the New York metropolitan area. The slogan of the newspaper is "Newsday, Your Eye on LI", and f ...

Long Island Business News ''Long Island Business News'' (LIBN) is a weekly business journal based in Ronkonkoma, New York. Launched in 1953 as the Long Island Commercial Review, LIBN covers business, government, legal, nonprofit and health care issues in Long Island's two ...

referred to ''Media Group'''s

flagship A flagship is a vessel used by the commanding officer of a group of naval ships, characteristically a flag officer entitled by custom to fly a distinguishing flag. Used more loosely, it is the lead ship in a fleet of vessels, typically the fi ...

as "Long Island’s only daily newspaper." Union contracts are with them, rather than with their publications.

History

''Newsday Media Group'' was acquired from the

Chicago Tribune The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television ar ...

Cablevision Cablevision Systems Corporation was an American cable television company with systems serving areas surrounding New York City. It was the fifth-largest cable provider and ninth-largest television provider in the United States. Throughout its ex ...

in 2008. Following when Altice purchased ''Cablevision'' in 2016, Newsday Media Group was reverted to its prior ownership. In 2019, they sold their

AM New York Metro ''AM New York Metro'' is a free daily newspaper that is published in New York City by Schneps Media. According to the company, the average Friday circulation in September 2013 was 335,900. When launched on October 10, 2003, ''AM New York'' was the ...

holdings to

Schneps Media Schneps Media is a 1985-founded media company "that began with The Queens Courier." They own and operate both AM New York Metro, print and online news services. ''The New York Times'' wrote in 2019 that ''Schneps'' publishes "more than 50 newspa ...

Controversy

Online postings that didn't reflect favorably were deleted as part of ownership transition. In 2004, they "admitted Thursday that it had substantially overstated its daily and Sunday circulation."

References

Newspaper companies of the United States {{US-newspaper-stub