Word: circe
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Dates: during 1980-1989
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...weeks members of the British Establishment had been squawking like chickens with a fox in their coop. The fox, of course, was Rupert Murdoch, the high-rolling Australian press lord, best known for his torrid tabloids. His purchase of the ailing Times of London (circ. 279,000) raised fears that he would vulgarize the staid 196-year-old newspaper with sex and sensation. But last week the din subsided. The reason: Murdoch, 49, named Sunday Times Editor Harold Evans to the top job at the venerable daily. Evans, 52, an esteemed journalist and a passionate campaigner for press freedom...
Murdoch has made his acquisition of the Times (circ. 290,000), the Sunday Times (circ. 1,425,000) and three weekly supplements (Literary, Educational and Higher Education) contingent on their unions' agreeing to manpower reductions and other concessions within three weeks. The present owner, the Toronto-based Thomson Organization, has fought long and unsuccessfully to introduce computerized typesetting equipment, which would save labor and money. After losing more than $30 million last year, Thomson put the papers on the block, declaring that it would fold them in March if no buyer could be found. Enter Murdoch, who is reported...
...apparatus that is armed with more than 100 separate laws governing what can and cannot be published. Last week that shadow lengthened when the state closed down the country's two leading black newspapers, the Post (Transvaal), which has a circulation of 113,932, and the Sunday Post (circ. 124,000). Published by the white-owned Argus Co., the two newspapers are widely read in Soweto and other black townships near Johannesburg. The papers were said by Minister of Justice J.J. Coetzee to be "creating a revolutionary climate in South Africa...
When the Public Broadcasting stations in New York (WNET), Washington (WETA), Chicago (WTTW) and Los Angeles (KCET) launched the monthly television guide Dial (circ. 690,000) last September, praise from charter subscribers was all but overwhelmed by protests from other publishers. Reason: Dial, which is sent to supporters of sponsoring stations (now including WTVS Detroit) who contribute at least $25 a year, would compete for advertising with commercial magazines while enjoying Public Broadcasting's nonprofit advantages. Among those breaks: generous tax exemptions, lower postal rates, tax-deductible subscription fees and free promotion on PBS stations.* Publisher Philip Merrill, whose...
Sometimes he dresses like Moses in order to deliver the Ten Commandments of investing. Subscribers pay $250 per year for the Granville Market Letter (circ. 13,000); the "early warning service" of telephone and telex messages costs another $500 a year...