Word: heralders
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That the Traveler, an afternoon paper published by the Boston Herald-Traveler Corporation, was not robust or highly profitable was common knowledge in Boston and its death was accepted as inevitable. But no one, not even high-ranking staffers or the usually knowledgeable labor unions, expected the Traveler to go when it did or in the quiet way it did. Most newspeople anticipated that the Traveler's death would be the result of a deal made by the publishers of all the Boston dailies, a deal that would also mean the end of some of the others papers; or that...
...Herald-Traveler Corporation's bosses decided simply that the Traveler --one of the last voices of the old Boston which they represented--was losing too much money. TheTraveler's continued existence would merely make things dangerous for all of the company's holdings, the morning Boston Herald, WHDH-TV (Channel 5), and Radio Stations WHDH-AM, and WHDH-FM. So, they reached a decision and two weeks ago announced the death of the Traveler...
...afternoon paper, say the experts, has a tougher job than the morning paper: it must print the news while it is still breaking. "A new paper, while close to the Herald Tribune in style, would have to be quicker," says James Bellows, the Trib's last editor, who is now associate editor of the Los Angeles Times. Instead of hiring worn-out legmen as rewrite men, says onetime Trib Editor John Denson, who is now executive editor of Atlas magazine, the paper should seek out specialists with enough knowledge at their command to put a story in context...
...bleak years, the neophyte New York Times International edition tried to compete in Paris with the septuagenarian Paris Herald Tribune. Last year the competition became more unequal when the Herald Tribune combined with the Washington Post. Finally faced by accumulated losses of some $12 million, including $2,000,000 last year, the Times International folded last week and merged with the Trib-Post...
...three-way merger will be called the International Herald Tribune. Interest in the new venture will amount to 37% for Jock Whitney's Trib, 33% for the Times and 30% for the Post. The Trib-Post's editor, Murray M. Weiss, and its publisher, Robert T. MacDonald, will be in charge; Gruson will work with them during the period of transition, then return to Manhattan. With an expected circulation of close to 100,000, the paper will be the largest American daily ever printed outside the U.S.-but it will be put to bed each night without...