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Sam Zell

Sam Zell Likes Brazil as an Investment
2008-05-01 23:03:00
Billionaire Sam Zell, known for his real estate and media investments, went on record as saying that Brazil is his choice for new investment. At the Milken Institute Global Conference in Los Angeles, Zell said that Brazil will be the next China, according to several news reports including one from Reuters."I'd buy Brazil," Zell told his audience at the Conference. "It has the chance 30 years from now of being a bigger economic power than China." Zell is the chief executive of news and media group The Tribune Company and chairman and president of Equity Group Investments
Sam Zell - Commmercial Real Estate Coming Back
2008-05-01 18:49:00
Sam Zell, billionaire and commercial real estate maven, is predicting that commercial real estate is coming back, albeit slowly as the credit market is loosening up. The city center is the strongest market and there is great risk in the “ex-urban, the glass-block commodity office building” sector. Overall though Zell seems very bullish on the ...
Sam Zell - Commercial Real Estate Coming Back
2008-05-01 18:49:00
Sam Zell, billionaire and commercial real estate maven, is predicting that commercial real estate is coming back, albeit slowly as the credit market is loosening up. The city center is the strongest market and there is great risk in the “ex-urban, the glass-block commodity office building” sector. Overall though Zell seems very bullish on the ...
Sam Zell Positive About Brazil Property
2008-04-29 00:09:00
Brazilian real estate has again made the headlines as a great place to invest in the property market. This time Brazil receives its seal of approval for investment from the Billionaire real estate and media expert Sam Zell Brazil has been attracting investors to its sunny shores in increasing numbers as it appears to tick all the boxes as the next big place to invest. Overseas property portal Homesgofast.com which has been promoting Brazilian real estate for a number of years has seen how the market has now achieved broader appeal
Rookie Monsters
2008-04-03 15:23:00
NBC's trying to kill off employees in the 30 Rock cafeteria rather than fire them. TV Newser Advice: get yourself a food tester.Brian Williams plies his legendary comedic talents on "Sesame Street." Brian Williams Daily Nightly blog.Boston Globe: The era of celebrity local anchors is over. Why? Local Tee Vee is no longer the golden goose. Baltimore Sun Obscenely high-paid anchors are getting the boot for lower paid no names. Phil Rosenthal Chicago Tribune Viewers are pissed at CBS's wholesale canning of popular anchors. Robert Feder Chicago Sun-Times It's a sign of the new media times when the Sam Zell-owned LA Times (Tribune Co.) hires a video expert to teach ink-stained scribes to hoist a camera. RosenblumTV My friend Lee Abrams just moved back to his Chicago hometown as "chief innovator" of Zell's Tribune radio and TV operations. Lee had the same gig at XM. Arianna Huffington's $200 mil leftist Huff Post is getting competition but Tina Brown INSISTS her apolitical offering w...
Free To Be Lee
2008-03-17 16:29:00
"So much TV news seems stuck in 1974. It's almost a parody of itself sometimes. You just want to roll your eyes." XM's departing innovator Lee Abrams as he assumes his new role as "Chief Innovator" at Sam Zell's Tribune TV and radio properties. Phil Rosenthal Chicago TribuneAt the R&R Talk Radio Seminar over the weekend I'd heard a rumor that Zell's buying more stations. Lee to me Saturday: "I haven't heard of any purchases."
Alberto Ibargüen, Knight Foundation CEO and president, Mr. Media Interview,
2008-03-16 20:52:00
(Return to Part 1)BOB ANDELMAN/Mr. MEDIA: I was just thinking about a conversation I had in the last year or two with Karen Dunlap at the Poynter Institute. It was at a time when a lot of moguls were looking at getting into journalism. I think it was mostly over the Tribune Company, Sam Zell, but also David Geffen and some other people. I suggested that maybe Poynter or Knight or one of the other non-profits might consider doing either a private presentation or seminar for some of these moguls and get them early on and say, ?Here?s the business side, but here?s also the side that you really can?t add up.? And that?s the stuff that you?re talking about that the Miami Herald is in Miami, the Chicago Tribune is in Chicago, and this is what it adds to the community, and this is what goes beyond. We?re gonna have a lot of people, I think, buying more newspaper companies and probably, as you say, not necessarily for the newspaper assets.ALBERTO IBARGUEN: I don?t know Mr. Zell. I have met ...
By: Mr. Media
Alberto Ibargüen, Knight Foundation CEO and president, Mr. Media Interview,
2008-03-16 20:42:00
With $2.6 billion in assets, the Miami-based John S. and James L. Knight Foundation is the 22nd largest foundation in the United States. Its mission is the betterment of the 26 communities in which it works and the promotion of journalism as a career and industry nationwide. The latter part of Knight?s mission is particularly challenging at a time when traditional newspapers are shrinking and, in many cases, evaporating. That puts Alberto Ibargüen, CEO of the Knight Foundation and a former publisher of the Miami Herald, at the same crossroads that silent movies encountered with talkies, talkies with radio, radio with television, television with cable, and now traditional print journalism with online reporting, blogs, podcasting, v-logs, streaming media, and so on. Since 1950, the Knight Foundation has invested more than $300 million to advance quality journalism and freedom of expression worldwide. It has a vital interest in seeing journalism survive in whatever form it takes. I int...
By: Mr. Media
If Sam Zell is so rich, how come he?s not smart? (AP)
2008-03-03 08:56:00
Vida Blue was ahead of his time, or else hopelessly behind, depending on your view of the naming-rights debate currently swirling around Wrigley Field. The promising young left-hander was just starting to make his mark in Oakland in 1971 when then-A’s owner Charlie O. Finley called Blue into his office and offered him $2,000 ...
Zell, Rook, and Manhandle
2008-02-29 14:02:00
"I can't stand working here anymore. I can't stand people being humiliated this way." Are we talking A) Newsday where Pell Mell Zell rots in Hell after yesterday's jettison of 120 jobs? NYP B) Ruthless producerbitch Shelley Ross berserk after a minion dared to question her news judgment. The hapless CBS News "Early Show" stationary target had to apologize to the whole staff for his transgression. NYP Page SixIf you guessed "B" you're right. It still sucks at Newsday and the other Zell media outlets. Zell's shake, rattlin', and rollin' at the LA Times and pissing off protesting Chicago Cubbies fans irate that Zell's selling out Wrigley Field's name to the highest corporate bidder. Chicago Sun-Times Zell: Get a armored limo and a stable of beefy bodyguards.Who could be the next Chuck Scarborough at WNBC TV Ch. 4 NYC? The esteemed NYDN's Richard Huff is floating (drum roll or gong) psycho Philly Tee Vee anchorbabe Alycia Lane. "It may cost money, but steal someone, get som...
Dear Sam Zell: Please drop the Cubs and slowly step away (Yahoo! Sports)
2008-02-27 22:16:00
To Sam Zell, current owner of the Cubs: First, I’d like to compliment your appearance in this photo to our… Read the full story.
Sam Zell Thinks Spring Recovery Probable
2008-02-26 16:46:00
Sam Zell thinks a Spring recovery in the domestic housing market is probable. While counter to the masses, it would be very hard to bet against Zell’s market timing. Remember, he is the one who sold his Equity Office empire that he spent decades on at the top of the commercial market. “I think starts ...
LA Times: Another editor out for refusing to make budget cuts
2008-01-22 21:46:00
Today I’d hate to be the managing editor of The Los Angeles Times, John M. Arthur, 60, or its innovation editor, Russ Stanton, 49. That’s because rumor has it they’re on the short list to be the next top editor at one of the nation’s finest newspapers. If named, this is what publisher David Hiller will expect of either: Cut The Times’ approximately $120 million budget by 1 percent. That would mean firing people. If either wishes to keep that job, they’d better do it ? because Hiller fired the previous two editors who refused to make cuts he demanded. Hiller told editor James E. O’Shea to make that cut. Hiller instead requested a $3 million increase due to anticipated coverage needs of the China Olympics and the presidential election. Hiller says O’Shea quit; O’Shea says he was fired for that refusal. In 2006, editor Dean Baquet was forced to resign for refusing to make budget cuts demanded by the paper’s owner, Tribune C...
O'Shea Can You See?
2008-01-21 16:45:00
LA Times editor John O'Shea's head rolls over the weekend for bucking budget cuts. Wash Post O'Shea's the second editor to get the hook in just over a year and the third in a year and a half. NYT The LA Times merely reports O'Shea is "leaving the paper." The Chicago Tribune (Tribune Co. parent company of the LA Times) spins O'Shea's exit like this.
Sam Zell Plasters ?You Own This Place Now? Banners Over LA Times Office
2008-01-04 11:43:00
Sam Zell, gnomic mercurial new owner of the Los Angeles Times plastered huge banners inside the office reading “You Own This Place Now.” Was this just just a note to himself in case he forgot? Nope! Most people don’t forget an 8.2 billion dollar acquisition that quickly. Instead, as Times publisher David Hiller ...
Sam Zell Burns Boats On Shore Of New Tribune World! [Capitalism And Its Dis
2007-12-25 13:28:00
Tim Rutten’s last media column for the LA Times is about the purchase of the paper’s parent company by Sam Zell: [W]hen Cortés landed on the shores of the New World, he burned his ships so that his men would know that death was the only alternative to success. For the foot soldiers of American commerce ...
Pell Mell Zell
2007-12-20 16:25:00
Chicago Tribune sucking up to new owner Sam Zell. The Trib sucks up to Zell's longtime partner in broadcast crime, Randy Michaels aka Benjamin Homel. Zell's deal to buy the Trib and broadcast properties goes through today - two days after the FCC Zell consigliere Kevin Martin rammed through the first change in newspaper/broadcast ownership rules in 32 years. How convenient! Rival Chicago Sun-Times Robert Feder recalls Randy Michaels' Chicago tenure as "disasterous." Yeah, Michaels is a brilliant, money-making broadcast genius. Newsday But he's gotta be a psychopath.
Sam Zell, Confidence and Real Estate Investing Opportunities in Salt Lake C
2007-09-24 18:12:00
I found an interesting article this weekend about Sam Zell, the billionaire real estate investor who recently sold his company in a top of the market type of transaction to the private equity firm Blackstone Group.Many people who hear about a deal like this question how it applies to them. After all, this Sam Zell is a multi-billionaire who owned 540 commercial properties and has business interests all over the world. If one looks at the details of Zell's experience and his transactions, it's a bit easier to compare them to deals and philosophies on a lower level.Let's look at his recent commercial real estate sale. Commercial real estate is booming, why not sell for a higher price later? Two reasons come to mind. First of all, Zell is a contrarian investor. If everyone else is doing it, he wants out. He sees value where other people don't. Once his investments attain value, he moves on. The second answer concerns human psychology. If you get an offer that's too good ...
Sam Zell's Nuts - Google's Not Using His Content
2007-04-11 02:03:00
Here's an example of how some people just don't get the Internet -- Sam Zell . According to CNBC and The Washington Post, Sam comes to Stanford University and makes this comment:"If all of the newspapers in America did not allow Google to steal their content, how profitable would Google be?" Zell said during the question period after his speech. "Not very."This proves he doens't understand what the heck's going on. Google DRIVES traffic to the newspapers -- all Google has to do is drop Sam's newspapers, advance other news sources -- which are plentiful -- and leave him in the dust! Google has links to the newspapers -- Sam Zell can buy more links to them. But Google's not the only search engine -- there are hundreds of them! There's Yahoo! Mamma. Lycos. This list goes on. In fact, here it is, and this one doesn't include blog search engines! Complete SE list7Search -Pay for position SE. Acclaim Search -by ValueCom. AOL -Lousy web search. AllCrawl -"Why Choose, Wh...
Sam Zell Epitomizes Contrarian Investing
2007-04-03 14:39:00
There is a reason you won't see any day traders, market timers, or technical analysts on the Forbes 400 list of richest Americans. Those strategies simply have not proven to be consistently successful ways to make money over the long...
Chicago magnate Sam Zell wins Tribune Co.
2007-04-02 19:35:00
CHICAGO, April 2 : Chicago billionaire Sam Zell has won the bidding for Tribune Co., the real estate magnate and media company said Monday.
Chicago magnate Sam Zell wins Tribune Co.
2007-04-02 19:05:00
CHICAGO, April 2: Chicago billionaire Sam Zell has won the bidding for Tribune Co., the real estate magnate and media company said Monday.
Chicago magnate Sam Zell wins Tribune Co.
2007-04-02 17:18:00
CHICAGO, April 2: Chicago billionaire Sam Zell has won the auction for Tribune Co., the real estate magnate and media company said Monday.
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