Word: journals
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Dates: during 1960-1969
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...never fancied himself a domineering press lord. Preferring to call his papers a group, not a chain, he encourages local autonomy, and his papers make the most of it. The Detroit Free Press (circ. 605,000), the Miami Herald (369,600), the Charlotte Observer (177,950), the Akron Beacon Journal (178,147), the Charlotte News (63,772) and the Tallahassee Democrat (29,300) are all increasing their circulation and are highly profitable. With interests in one television and three radio stations as well as three Florida weeklies, the group's total revenues reached $123 million...
...most of U.S. business, the first three months of 1968 added up to a very full quarter. In a survey of 508 early reporting companies, the Wall Street Journal found combined profits up by 11.1% over the first quarter of 1967. When it weighed in with its own 567-company study last week, the New York Times reported gainers outnumbered losers 422 to 145 as earnings leaped 13% beyond last year's figures...
...Moscow, the Communist Party charged that Mao Tse-tung is not a true Communist and that his policies threaten the party with extinction in China. The party ideological journal Kommunist declared that Mao's policies are "not only a matter of purely Chinese concern" and that they are "doing great harm to the cause of socialism and revolution throughout the world." Kommunist accused Mao of demanding "blind obedience and barrack-room discipline, which turns a human being into a small screw in a bureaucratic machine...
...with LIFE and Look and aiming it at a less urban, less sophisticated audience. Its present 6,800,000 circulation could then fall to a more comfortable level. With the Post problem settled, Curtis' outlook would brighten markedly. The company's other major magazines-Ladies' Home Journal, Holiday, American Home and Jack and Jill-are in much healthier condition...
Died. Rudolph Dirks, 91, German-born artist and creator of those comic-strip delinquents The Katzenjammer Kids; in Manhattan. Starting with the old New York Journal in 1897, Dirks was the first to use balloons to enclose dialogue, first to plot a story in consecutive panels, and one of the first to use color. Today his strip (now known as The Captain and the Kids and drawn by his son John) is syndicated in 96 U.S. and 20 foreign papers...