Word: gannett
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Nixon thought these men a dangerous cabal of liberals and unleashed Spiro Agnew on them with accusations that are still widely believed. Actually, the literary pontiffs of Washington come in carefully calibrated ideologies these days and are so marketed. For example, the giant Gannett chain allows the editors of its 73 papers to pick their own political columnists and urges them to choose a broad spectrum...
Geographer Henry Gannett, who mapped much of the American West, wrote those words at the turn of the century. But even today, Alaska's scenic grandeur almost defies description. Larger than Texas, Montana and California combined, the 49th state possesses more coastline than the rest of the nation. It boasts North America's tallest mountain, the nation's third longest river and, in addition to Alaskan brown bears, the world's largest land carnivores, a glacier the size of Rhode Island. Purchased from Russia in 1867 for a paltry $7.2 million, Alaska also contains some...
...sale of the Star Co. is only the latest in a recent epidemic of high-priced newspaper transactions. Australian Rupert Murdoch late last year paid more than $30 million for the New York Post. Gannett Co. is acquiring the 13-paper Speidel chain for $173 million. In perhaps the largest newspaper sale ever, S.I. Newhouse last year paid more than $300 million for Booth Newspapers' eight dailies and the Sunday supplement Parade. In all, 72 dailies changed hands last year, up from 49 in 1975. Says Otis Chandler, vice chairman of the Times Mirror Co. and an unsuccessful bidder...
Nevertheless, she still devours books on business subjects and seeks the counsel of such friends as Los Angeles Times Publisher Otis Chandler and Clay Felker, editor of New York magazine. Says Felker: "The Gannett chain may make more money, but they don't have her concern for quality." Graham has maintained the quality by preserving generous editorial budgets, but she wants to raise the company's profit margin from last year...
Died. Elisabeth May Craig, 86, Washington correspondent for the Guy Gannett newspaper chain of Maine from 1926 to 1965; after a long illness; in Silver Spring, Md. Craig marched in a suffragette parade at Woodrow Wilson's inauguration, and later vigorously protested her exclusion from all-male press gatherings in Washington. She earned colleagues' respect for her "dodge-proof questions and barbed repartee at the press conferences of five Presidents. When F.D.R. once lamely admitted, "That wasn't much of an answer, was it?" Craig shot back, "No." Her hair in a bun under one of dozens...