So while the city's biggest media moguls—and the FCC and Congress—start to sort out who can buy Newsday, some curious analysis of the newspaper's Web site is going around.

Yesterday, Arthur Sulzberger Jr. said at the Times Center that newsday.com was its top competition for grown-ups.

"NYTimes.com also ranks No. 1 in coverage of the greater New York market, reaching 28 percent of adults," he said. "Our closest competitor, Newsday.com, reaches 16 percent."  read more »

The Tribune Company conference call is still going on. In introductory remarks, Sam Zell told investors that when he bought Tribune there was originally a “goal to preserve everything together.” Presumably he means all the newspapers, Wrigley Field and the Chicago Cubs, and the broadcasting properties. But the “significant erosion” of advertising money and revenue drops in the newspaper industry, he said, has “certainly put that plan into some question. And we’re forced to consider the divestiture of some of our assets.”

Tomorrow shareholders in the Tribune Company meet to approve an $8.2 billion deal to sell the company--publishers of The Los Angeles Times, Newsday and The Chicago Tribune--to billionaire real-estate developer Sam Zell.

Or do they? The New York Times this morning examines whether the precipitous slump in the newspaper industry (even since the Zell deal was announced in April) might be enough to kill the deal.  read more »