Word: murdoch
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Dates: during 1980-1989
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...Times goes to Murdoch...
...holdings include such staid institutions as the Australian of Sydney and the Times of London. But the eight big-city tabloids of Press Baron Rupert Murdoch, 52, which cover their turf from Boston to Fleet Street, rarely stray from lurid roots: NUDE PRINCIPAL DEAD IN MOTEL (San Antonio Express); HEADLESS BODY IN TOPLESS BAR (New York Post). Last week Murdoch took his headline high jinks to the U.S. heartland. He bought the troubled Chicago Sun-Times, the nation's eighth largest urban daily, for $90 million in cash...
...fact, "classy trash" may be too harsh a description. Most issues contain lively columns by writers like John Simon, Marie Brenner and "Adam Smith." The Rupert Murdoch stamp doesn't necessarily crush talent. The Murdoch Empire...
...Times has its share of talent as well; Rokyo, movie critic Roger Ebert, and others. In addition, the paper has published award-winning investigative reports. But the Sun-Times is a tabloid, one whose weaknesses existed long before Rupert Murdoch ever saw Chicago. With few foreign bureaus, the paper relies heavily on the wire services; it often runs shortend and unexciting syndicated features; and it has two gossip columnists whose contributions often read like unused scripts for Entertainment Tonight segments. Murdoch won't have too much to change...
...LETTER" days of Chicago journalism ended years ago, when Royko's old paper, the financially crippled Chicago Daily News, folded. The Sun-Times has had its troubles recently as well; circulation has dropped. But Murdoch's fortune--his "News Corporation" reported assets in excess of $200 million in 1980--and his loyalty to the Post--which hasn't shown a profit in seven years--suggests that the Sun-Times will be around for a while even if the times get tougher...