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Newsday history
Newsday company history timeline
Founded by Alicia Patterson and her husband, Harry Guggenheim, the publication was first produced on September 3, 1940 from Hempstead.
Its founders were Harry Guggenheim and Alicia Patterson, daughter of publisher Joseph Medill Patterson. It was established in 1940, as residential suburbs began to expand.
In 1953 Newsday won a Pulitzer Prize for “disinterested and meritorious public service” and earned two more Pulitzer awards in later years.
The Village Voice in New York City began publishing in 1955.
In 1967, Guggenheim turned over the publisher position to Bill Moyers and continued as president and editor-in-chief.
The two split over the 1968 presidential election, with Guggenheim signing an editorial supporting Richard Nixon, when Moyers supported Hubert Humphrey.
After the competing Long Island Press (not to be confused with the alternative weekly of the same name) ceased publication in 1977, Newsday launched a separate Queens edition, followed by a New York City edition dubbed New York Newsday.
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.
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.
Altice, a Netherlands-based multinational telecoms company, bought Cablevision, including Newsday and News 12 in 2016.
Altice disposed of its remaining stake in Newsday at the end of July 2018, which, combined with Charles Dolan's transfer of shares to son Patrick, makes Patrick the sole owner of Newsday.
Newsday received $10 million in federal loans by July 2020 from Paycheck Protection Program during the COVID-19 pandemic to pay salaries for 500 jobs.
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Newsday competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Los Angeles Times | 1881 | $780.0M | 2,052 | 14 |
| HuffPost | 2005 | $40.0M | 1,898 | - |
| New York Magazine | 1968 | $78.5M | 200 | - |
| Newsweek | 1933 | $44.4M | 350 | 5 |
| North Jersey Media Group | 1895 | $250.0M | 1,431 | - |
| St. Louis Post-Dispatch | 1878 | $150.0M | 750 | - |
| syracuse.com | 1829 | $21.0M | 350 | 222 |
| Nj.com | - | $300.0M | 1,200 | 13 |
| Wirecutter | 2011 | - | 140 | - |
| The Mercury News | 1851 | $230.0M | 1,400 | - |
Newsday history FAQs
Zippia gives an in-depth look into the details of Newsday, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Newsday. The employee data is based on information from people who have self-reported their past or current employments at Newsday. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Newsday. The data presented on this page does not represent the view of Newsday and its employees or that of Zippia.
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