Zell's Sell

Tribune Co's Sam Zell declared the worthlessness of Pulitzer Prizes ("I haven't figured out how to cash in a Pulitzer Prize"), said the newspaper business model is "unequivocally...a failure," and challenged New York Times publisher Arthur Sulzberger, saying "If you want to be a charitable trust, be a charitable trust. If you don't want to be a charitable trust, then you've got to focus on producing a return for investors' capital, and it's just that simple." See more in the long Q&A.