Word: gannett
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Such a community, self-respecting and of a serious turn of mind, heard last week that a local boy had made good in his own home town. For Frank Ernest Gannett, long a power in Rochester by virtue of his evening paper, the Times-Union, rose to the ranks of the city's greatest, stood close beside Cameraman Eastman, when he went last week to his bankers and borrowed most or all of $3,500,000 to buy the Democrat and Chronicle...
...Gannett declared the purchase of Rochester's only morning paper was not just another business deal. From Gannett Hill, the highest point of land in Central New York, it is just possible on clear days to see the spires of Rochester's churches. Frank Gannett's father, Joseph, cleared this hill, built the house where Frank was born, 51 years ago. As a boy of twelve he peddled the Democrat and Chronicle. He has never forgotten his "early attachment...
...Rochester newspaper field dates from 1918, when he merged the Evening Times with the Union and Advertiser. Good businessman, practical publisher, he has managed his property well. The new Times-Union prospered, raised advertising rates. A dozen department stores, angered by a new high schedule, recently decided to boycott Gannett, refused their advertising. A short deadlock, and business and the press reached a compromise. Gannett and Rochester realized their need of each other. Even as he announced the purchase of the Democrat and Chronicle, the Times-Union was opening a $1,500,000 plant...
Frank Ernest Gannett (11 papers chiefly in New York State, but including the recently bought Hartford, Conn., Times...
Frank Ernest Gannett at 52 took into his family am year old child last week. The child had been looking for a father for six years. The question was considered eugenically and Mr. Gannett was chosen on his record as an honest publisher. The child is the Hartford Times and its addition brings Mr. Gannett's newspaper family to ten. Over $5,000,000, noted as the largest cash consideration ever involved in New England newspaper deals, was Mr. Gannett's price of fatherhood...