Those of you familiar with New York City should know that there are approximately one thousand different newspapers to choose from each day. OK, perhaps that's a high estimate, but walking up to any newsstand throughout the city will convince you that we New Yorkers don't fool around when it comes to our daily scoop.

One person looking to throw his name into the newspaper mix is none other than Robert De Niro. Coming off another successful year at the Tribeca Film Festival (Did we cover that one?), and now gearing up for his first directorial effort since 1993's A Bronx Tale, rumors are spreading that the Hollywood legend wants to purchase The New York Observer. Along with the same producing partners (Jane Rosenthal and Craig Hatkoff )who helped build Tribeca fest, De Niro hopes his name would attract big corporate sugar daddies to pour money into the publication and help land it in the hands of more New Yorkers. Recently, a ton of potential buyers have been staying away from the Observer for fear that its losses have been too great. Could De Niro turn this puppy around? I'd be interested to find out.