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...gala announcement: "After 13 years, we have come back into the black." Established magazines, once they falter, are rarely able to turn around, and Esquire falls between two categories of periodicals, general interest and men's, that have been hit especially hard by reader defections. Playboy (circ. 4,250,000) and Penthouse (circ. 3,454,000) have each lost more than 12% in circulation; Esquire's nearest rival, GQ (for Gentlemen's Quarterly), is growing (circ. 558,000, up 7.5%) but has deliberately shifted from a clotheshorse consciousness to deal, like Esquire, with popular culture...
...Louis (pop. 1 8 mil lion) with only one regional newspaper, the 105-year-old Post-Dispatch. It will also shrink to 50 the number of U.S. cities with independency owned, editorially competitive dailies. The failure defied several newspaper-industry rules of thumb: the morning Globe-Democrat (daily circ 255,000) is bigger than the afternoon Post-Dispatch (daily circ. 230,000); it is published at what is considered a more advantageous time of day; and it is, at least in terms of local coverage, the better paper Nonetheless, the economic calculations behind last week's announcement were compelling...
Although the Sun-Times (circ. 639,000) was in the black ($3.3 million) last year, the rival Tribune (circ. 751,000) has 64.5% of the advertising market. Murdoch assured the Sun-Times's 2,000 employees last week that no major changes were planned. Few were convinced. Some fear that Murdoch's political conservatism will still the paper's liberal voice. While the Sun-Times condemned the Grenada invasion, Murdoch's Post endorsed it. Another warning: at a press conference, the new owner noted that recent acquisitions now receiving the Murdoch treatment "are making great progress...
...three daily newspapers in Managua are published by Chamorros, each with a different editorial line. La Prensa (circ. 56,000) is now jointly edited by Chamorro's eldest son and namesake, Pedro Joaquin, 32, Chamorro's cousin Pablo Antonio Cuadra, 71, and uncle Jaime Chamorro, 49. El Nuevo Diario (circ. 48,000), edited by Xavier, 50, is solidly progovernment. Barricada (circ. 80,000), edited by Chamorro's youngest son, Carlos Fernando, 27, is the official paper of the Sandinista movement...
Also on the left are Frankfurter Rundschau, Die Zeit, a majority of reporters and commentators on West Germany's two major television networks, and many of the staff correspondents of the leading wire service, Deutsche Presse-Agentur. Left of center, but less partisan, is the Suddeutsche Zeitung (circ. 310,000), based in Munich, which spurns ideological zeal and is Germany's nearest equivalent to an independent centrist paper...