Word: gannett
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Frank Ernest Gannett, chain-paper publisher of Rochester, N. Y., went quietly to Brooklyn last week. There he completed a dicker terminating negotiations which have dragged on two years and more, realizing an ambition of many years. He took control of the distinguished old Daily Eagle, which during all the 87 years of its existence had been under the continuous ownership of a family group. _ Two upstate publishers thus became rivals in the huge, various New York City newspaper field. For only last August, another chain-paper man, Paul Block, bought the Brooklyn Standard-Union. Block began his newspaper career...
...Gannett, too, spent some of his early years in newspaper work in Elmira. In 1906 he bought a half-interest in the Elmira Gazette, combining it with the Star. He fought shy of the larger cities for years as he expanded his holdings, buying up papers two at a time, consolidating them on firm financial bases. He went to Ithaca, to Rochester, to Utica; to Plainfield, N. J.; and back to New York with purchases in Newburgh, Olean and Ogdensburg...
Last week, he sold out to Publisher Frank Ernest Gannett, owner of 13 newspapers, third largest chain in the U. S. It was Publisher Gannett's third important buy of the year. The first, The Hartford Times (TIME, Feb. 6), cost him $5,000,000. Last June (TIME, June 18) he bought the Rochester Democrat & Chronicle. Price: $3,500,000. The Knickerbocker Press and Albany Evening News bring his year's investments well above $10,000,000. Publisher Gannett's newspapers are known as "clean," "wholesome" and "non-partisan...
...School--Gannett House...
...School--Gannett House...