Philadelphia Inquirer Co-Owner Dies in Plane Crash

Philadelphia Inquirer Co-Owner Dies in Plane

Lewis Katz, co-owner of The Philadelphia Inquirer, died Saturday in an airplane crash on the outskirts of Boston, the paper reports.

He was 72 and made his fortune building a parking business and investing in the Yankees Entertainment and Sports Network in New York. In addition to the Inquirer, he co-owned The Philadelphia Daily News and Philly.com.

His death comes less than a week after he and his business partner H.F. “Gerry” Lenfest bought out the Inquirer’s other co-owners for $88 million.

Katz (pictured above, far right) was among seven passengers flying on a private Gulfstream IV that burst into flame on Saturday night after taking off from Hanscom Field in Bedford, Massachusetts en route to Atlantic City, New Jersey, according to the Inquirer. There were no survivors.

The cause of the crash is reportedly still being investigated.

Inquirer editor Bill Marimow and a spokesman for the Massachusetts Port Authority did not immediately respond to a request for comment.

Katz maintained a financial interest in sports throughout his career, owning professional basketball’s New Jersey Nets and professional hockey’s New Jersey Devils at various points.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading