Word: circe
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Dates: during 1980-1989
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Gannett is beginning to grow its reputation for thinking small. It became a true press giant last summer when it merged with Combined Communications Corp., a Phoenix-based firm that owned the Cincinnati Enquirer (current circ. 190,000) and Oakland (Calif.) Tribune (current circ. 165,000), seven television stations, twelve radio stations and extensive outdoor-advertising interests. Among chains, Gannett is the longtime leader in number of papers, and last year passed the 55-paper Knight-Ridder chain in weekday circulation. Gannett's total is now 3,580,000 (vs. Knight-Ridder's 3,492,000), more than...
...journalistic axiom that disasters come in threes has proved painfully true for the proud Boston Globe (daily circ 482,000), which has found itself embroiled in triple trouble-all of its own making First, an editorial writer put a joke headline, MUSH FROM THE WIMP, on a piece about President Carter's anti-inflation speech. The headline somehow slipped into 140,000 copies before it was caught and changed to something less irreverent...
...Atlantic (circ. 340,000) has been slaloming in and out of the red for years and is plainly in need of an infusion of fresh capital. Marion Danielsen Campbell, 58, a New Yorker whose family has owned the magazine since 1938, spurned numerous corporate suitors while waiting for the right buyer to come along. Zuckerman had the requisite cash and professed no desire to tamper with the Atlantic 's venerable formula...
...Atlantic's chief rival is Harper's (circ. 301,000). Since 1952 the two publications have sold advertising jointly, an arrangement made possible by their similar circulation and demographics. Editorially the two monthlies go their separate ways. Harper's, founded seven years before the Atlantic, is usually feistier. Harper's tone is set by the crotchety essays of Editor Lewis H. Lapham, 45, who slays the fashions of the moment with 18th century prose. Circulation is down 68,000 since 1970, however, and Harper's owner for the past 15 years, John Cowles...
...meddled incessantly with the editorial product, and other Times Co. executives cringed in embarrassment. Ironically, Us had two of its hottest selling issues ever (both topped 1.1 million) in the past two months, and seemed close to carving out an identity as a more youth-directed version of PEOPLE (circ. 2.3 million). "I still don't understand why the Times Co. is so hell-bent on getting out," says Callahan. Explains Times Co. Vice Chairman Sydney Gruson: "It was not what we did best...