Word: hearsts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Hearst Corp. celebrates its centennial this year, and while the founder would obviously have difficulty recognizing the company 36 years after his death, so would anyone else who has not kept up with the firm over the past decade. Since 1978, when Frank Bennack Jr. was named president, Hearst has spent $1.4 billion acquiring more than 20 companies, including three TV stations, ten daily newspapers, two magazines (Esquire and Redbook) and two book companies (Arbor House and William Morrow & Co.). Since the company remains privately owned, the balance sheet is a closely held secret. Industry observers calculate that Hearst...
...George Hearst, mining tycoon and Senator from California, tried to dissuade his son by offering him the chance to manage a ranch in Mexico or a gold mine in South Dakota. But William Randolph Hearst, then 23, would have none of it. He wanted to run a newspaper, specifically a tawdry sheet in San Francisco called the Examiner. Father relented; in 1887 young Hearst assumed control of the Examiner and proceeded to build the largest newspaper empire...
During his yellow-journalism heyday in the 1930s, Hearst dictated rat-a-tat headlines and punished political enemies in 18 big-city papers, including the New York Journal-American, the Chicago Herald-American and the Pittsburgh Sun- Telegraph. Today the company publishes 15 dailies, most of them in smaller cities such as Midland, Texas, and Bad Axe, Mich. After years of mounting losses, the firm sold the Boston Herald American to Rupert Murdoch in 1982 and shut down the Baltimore News-American four years later. As if to prove that it was not deserting big cities entirely, Hearst bought...
...Today's Hearst papers are a mostly pallid lot. The San Francisco Examiner, however, has brightened considerably under Publisher (and founder's grandson) Will Hearst, while the San Antonio Light has improved its design and added more feature stories. Nearly all make money either because they are the only papers in town or because, as in the case of the Examiner, they have entered into joint operating agreements with their competitors, allowing both papers to save on production costs. But, admits Bennack, "it's no secret that we have had some significant problems in the newspaper field." Los Angeles...
...Herald Examiner's 170 editorial employees seem destined to play David to the Goliath Times (circ. 1.1 million), with its 850 staffers and annual profits of $200 million. Though the Herald has much to commend it, including playing up local stories and sometimes producing sprightlier writing than the Times, Hearst seems unsure what to do with its laggard child. Company officials, especially Robert Danzig, general manager of Hearst newspapers, are chronically indecisive about a redesign, despite having commissioned five prototypes over the past eight years, including versions of a tabloid format favored by Acting Editor John Lindsay. He quit...