Zell sees the future: pdfs and the iPad

Sam Zell, the real estate investor who became a media mogul by acquiring the US group Tribune, is convinced that home-delivered newsprint newspapers are on its way out.

So what's in store? Pdfs, he says, and - wait for it - the iPad. Zell told CNBC: "The iPad is the real example of almost replicating a newspaper on an instrument. I think that is only the beginning of how that is all going to evolve."

Meanwhile, Tribune - publisher of the Los Angeles Times and the Chicago Tribune and eight other US dailies - is still in bankruptcy protection.

Sources: CNBC/Reuters/paidContent