Word: circe
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Dates: during 1970-1979
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...unfolding on their front pages and television screens last week. Rupert Murdoch ?the furry-browed, softspoken, intensely competitive Australian owner of ten major newspapers, 13 magazines and dozens of lesser publications?had no sooner established himself as the owner of the city's only afternoon paper, the Post (circ. 500,000), than he was making a surprise bid to buy control of the New York Magazine Co. New York Founding Editor Clay Felker, meanwhile, canvassed millionaires around the world for help in fighting the takeover attempt, and even asked the Justice Department to examine the antitrust implications...
...siege of New York was not just another neighborhood rumble on the tight little island that is the nation's publishing capital. New York Magazine Co., with revenues of $26 million last year, not only publishes the much-imitated New York (circ. 375,000) and the nation's leading counterculture weekly newspaper, the Village Voice (circ. 162,000), but has already started its own invasion of the West Coast with the successful launching last April of New West (circ. 290,000). The company's takeover by Rupert Murdoch marks an important new addition to the largely sex-and-scandal press...
...cash. By 1968 his holdings included newspapers, magazines and broadcasting stations worth an estimated $50 million. He decided it was time to invade London. For $20 million he outbid British Book Publisher Robert Maxwell to win a controlling interest in News of the World, a Sunday scandal sheet (circ. 6 million). A year later, he bought the ailing daily Sun (circ. 950,000) for the bargain-basement price of $500,000. The Sun was a paper aimed at high-minded Labor Party supporters then, but Murdoch imported his Sydney-tested approach, and circulation picked up. He shocked many Britons...
...America ..."). It almost was Murdoch's own Gallipoli. He lavished $6 million on TV promotion and went through five editors, finally turning more toward women's service features. Now known as the Star (circ. 1.6 million), it is marginally profitable...
Neither had the Independent, Press-Telegram, which cried foul with its own Page One story and an editorial the next day. "A bunch of innuendoes," snapped Daniel H. Ridder, editor and publisher of the Long Beach paper (circ. 149,000). Since Ridder's family merged its 19 newspapers into the 16-paper Knight chain last year, the Long Beach daily has lowered its profile in local civic affairs; thus, many of the Times allegations are outdated. But Ridder defends even the previous heavy involvement. Says he: "The newspaper ought to be involved in promoting the community and serving...