Will Zell cash in by milking the Tribune cow?

Here's Dan Gillmor's take on the new Tribune owner Sam Zell. "A smart, smart businessman, he knows zip, he's made clear, about newspapers and media. Why should that stop him? He has recognised, as have other financial buyers of newspapers, that these are businesses that churn out cash at prodigious rates. Will he milk the cow - which has more life in it than the utter pessimists believe - or try to run a longer-term business? There's absolutely nothing in his record to suggest that he cares about anything except cashing in. If I worked as a journalist for Tribune company today, I'd be even more worried." (Via Centre for Citizen Media)