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Philadelphia Inquirer Co-Owner, Ex-Nets Owner Dies in Plane Crash

Lewis Katz, one of two business moguls who gained full control of the newspaper, died in a plane crash as his plane was leaving a Massachusetts airport Saturday night. Katz is a founding partner of the Cherry Hill law firm of Katz, Ettin & Levine.

Flames from the plane crash Saturday night that killed seven. Photo Credit: WHDH, 7-News
Flames from the plane crash Saturday night that killed seven. Photo Credit: WHDH, 7-News
One of two business moguls who gained full control of the the Philadelphia Inquirer last week died in a plane crash Saturday night in Massachusetts.

Lewis Katz, 72, a founding partner of the Cherry Hill law firm of Katz, Ettin & Levine, was one of seven people killed on a flight that departed from Hanscom Field in Bedford, Massachusetts for Atlantic City International Airport Saturday night. The plane crashed on takeoff.

Inquirer editor Bill Marimow confirmed the death Sunday morning.

Katz and H.F. "Gerry" Lenfest bought out their other partners for $88 million for full control of the news operation, outbidding a group led by Democratic powerbroker George Norcross.

Katz once owned the NBA's New Jersey Nets and the NHL's New Jersey Devils. He presided over the transformation of the Nets from an also-ran franchise in the late 1990s to a two-time Eastern Conference champion a decade ago. He also was instrumental in the creation of the Yankees Entertainment and Sports Network (YES).

Katz grew up in Camden and his son is the chief executive of a Cherry Hill billboard company, according to Philly.com. His son Drew Katz will have a stake in the new venture.


Mel Sharples June 02, 2014 at 07:38 AM
PB - If you believe in karma, do you believe mocking a man's death will result in some kind of negative karma for you? And if not...why not?
Roll Back Our Tax June 02, 2014 at 08:31 AM
Some of the comments here live up to the saying "loose lips sink ships". Have a little respect for this man's legacy and his family who's mourning him.
Paul J. DiBartolo June 02, 2014 at 08:38 AM
I find it interesting that while many of us have differing viewpoints and have no problem going back and forth using various levels of argumentation ranging from logic to outright insults, it all occurs between, and with respect to, the living. I guess it takes a special kind of idiocy to get on here and rant against the dead.
whatever41 June 02, 2014 at 11:48 AM
Forget it about it Paul, some are like the Tin Man, born with no heart.
Av June 02, 2014 at 09:05 PM
Oh yeah meat!!

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