Word: annenbergs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
When Millionaire Contractor Matthew H. McCloskey sold his Philadelphia Daily News (circ. 192,401) to the Philadelphia Inquirer's Walter H. Annenberg last week, no one was more surprised than the News's publisher, David ("Tom") Stern III. Since taking over management of the ailing Democratic tabloid a year ago (TIME, Jan. 7), Philadelphia-born Tom Stern, 48, had cut its losses from $225,000 a month to $40,000 a month, and estimated that it would lose no more than $200,000 in 1958. "Given a reasonable amount of time, we would have had an independent...
Also puzzled were Philadelphia newsmen. Why did Walter Annenberg, whose staunchly Republican morning Inquirer has often feuded with McCloskey in the past, want the Democratic morning News (long known to Philadelphians as "The Dirty News")? Why had the Democratic Party's longtime National Treasurer Matt McCloskey capitulated? Though neither the civic-minded Inquirer (circ. 609,350) nor Robert McLean's quietly thorough afternoon Bulletin (circ. 718,007) paid more than cursory attention to the sale, the answers seemed clear enough. Hard-headed Contractor McCloskey, who had pumped some $5,000,000 into the News in his three years...
Philadelphia's tabloid Daily News, once a shiftless tatterdemalion, has been gunning hard for circulation since Democratic Backer Matthew H. McCloskey Jr. took it over two years ago, infused it with money and ambition. Its chief rival: Publisher Walter Annenberg's Inquirer. Last week, in the climax of a month-long barrage, the News's guns pounded not only at the Inquirer's circulation, but at alleged payroll padding and loan-shark operations within the paper itself...
...Little A.P. For TV Guide, the problem is not circulation, but how to print a national magazine with local news in 36 different areas. But President Walter Annenberg, 47, whose Triangle Publications, Inc. also publishes the Philadelphia Inquirer, Daily Racing Form, the New York Morning Telegraph, Seventeen, Official Detective Stories (TIME, July 20, 1953), is no stranger to regional publishing. At one time he turned out eight regional editions of the Daily Racing Form; until the Wartime paper shortage killed it, he printed four regional editions of Radio Guide. In 1953 he decided he could turn out a national-local...
...Annenberg's son Walter took over the Philadelphia Inquirer, became a Philadelphia civic leader and successful newspaper and magazine (TV Guide, Seventeen) publisher in his own right...