Memo From Cablevision’s Smith: Newsday’s Online Strategy Is About Cable, Print Retention, Not Sales

Tad Smith

This week’s coverage of Newsday Publisher Terry Jimenez’s acknowledgment that Newsday.com has sold only 35 online-only subscriptions since putting up a high paywall prompted an staff-wide strategy memo from Cablevision (NYSE: CVC) brass. Tad Smith, the former CEO of RBI USA who joined Cablevision as president of local media last year, told the staff: “Despite my reluctance to enter this media scrum, I wanted all of us to understand clearly Newsday.com

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