Word: circe
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Dates: during 1950-1959
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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...
...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 of ownership, was unable to resist Annenberg...
...several of the reasons that make it a lively newspaper, the neat, tight Chicago Sun-Times (circ. 588,181) loses more capable newsmen than any other Chicago daily. One reason is that the Sun-Times diligently recruits promising staffers, pushes them ahead-and loses many to bigger jobs elsewhere. Two more specific reasons are: brilliant, blustery Executive Editor Milburn ("Pete") Akers, 57, as famed for his highhandedness in a rage as for his openhandedness with a raise or bonus; and big (6 ft. i in., 250 Ibs.), bluff Managing Editor Thomas F. (for Fox) Reynolds, 46, whose barracks-square bellow...
Outwaving such ardent flag wavers as Lord Beaverbrook's Daily Express, the Sunday Dispatch (circ. 2,420,000) canceled its new, highly touted contract for a weekly column by Muggeridge. The BBC scheduled, then canceled, several TV shows on which Muggeridge might have had a chance to answer his critics. Last week, in the unkindest cut of all, the BBC announced that it "does not wish to renew Mr. Muggeridge's contract" for 26 TV appearances a year. Protested London's Daily Mirror: "If all views must agree with the BBC (Better Be Careful) censors, nothing worthwhile...
...Christmastide greeting to Little Rock merchants, an extremist group warned last week of "a massive crusade" against stores that advertise in the Arkansas Gazette (circ. 99,573). Said their mimeographed ultimatum...