Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6535
    +0.0012 (+0.18%)
     
  • OIL

    83.66
    +0.09 (+0.11%)
     
  • GOLD

    2,349.60
    +7.10 (+0.30%)
     
  • Bitcoin AUD

    96,581.72
    -2,004.70 (-2.03%)
     
  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     
  • AUD/EUR

    0.6108
    +0.0035 (+0.57%)
     
  • AUD/NZD

    1.0994
    +0.0037 (+0.33%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,718.30
    +287.79 (+1.65%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,239.66
    +153.86 (+0.40%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Cable company drops Newsday stake, ending free web access

A deal giving full ownership of Newsday to its majority owner is pulling the plug on Long Island cable subscribers' free access to the newspaper's website

MELVILLE, N.Y. (AP) -- A deal giving full ownership of Newsday to its majority owner is pulling the plug on Long Island cable subscribers' free access to the newspaper's website.

Newsday reported Wednesday that television journalist and executive Patrick Dolan had reached an agreement to acquire the remaining stake from a cable company.

Dolan has owned a 75 percent share of Newsday since July 2016. He purchased it from Altice USA, which acquired the newspaper in its takeover of Cablevision.

Cablevision was founded by Dolan's father, Charles.

Wednesday's deal means subscribers to Altice's Optimum broadband will have to pay $3.49 per week for Newsday.com access beginning Jan. 1. Print subscribers will still have free access.

Dolan was the longtime news director at News 12 and is now a senior adviser for the regional network.

___

Information from: Newsday, http://www.newsday.com