There is a shock in the media world this morning as we’ve learned that co-owner of the Philadelphia Inquirer, Daily News and Philly.com died in a plane crash last night. He was 72. As per Philly.com:
Katz's death was confirmed by Inquirer editor Bill Marimow, who said he learned the news Sunday morning from close associates.
All seven people were killed aboard the private aircraft that crashed at Hanscom Field and erupted into a fireball, authorities said Sunday.
The Gulfstream IV crashed about 9:40 p.m. Saturday as it was departing for Atlantic City International Airport in New Jersey, said Matthew Brelis, a spokesman for the Massachusetts Port Authority, which operates the air field.
Other than the tragedy on a purely human level, Katz’s death comes at a truly terrible time for the Philadelphia media company, which he and H.F. “Gerry” Lenfest bought last week for $88 million, beating out South New Jersey political boss George Norcross. PW sends our condolences to Katz’s family and friends, and to the people of the Inquirer, Daily News, and Philly.com.