Word: murdochs
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...Murdoch's purchase of the three magazines may be part of a disturbing new trend--the consolidation of American magazines under a central ownership the way American daily newspapers began to huddle in chains during the 1950s. During that period, a morning newspaper might buy its afternoon rival to consolidate costs, creating monopoly, or what A. J. Liebling called "profitable stagnation." The news that gets reported may not be all that's fit to print; sometimes it may be, like Pravda, what the monopolist decides is news...
...Murdoch, by his own admission, is "a businessman who wants to be an editor." He recently set goals of raising The New York Post's circulation (presently 490,000) to 700,000 by the end of this year and to one million by the end of 1978. The means he has used to raise circulation with other newspapers have been simple--sex and scandal, and lots of it. We haven't been treated to any VAMPIRE KILLERS STALK CONNECTICUT headlines yet, but if the November 30, 1976 cover of the Post is any indication we can still hope: the cover...
...many New Yorkers, that tale would have seemed only slightly more bizarre than the melodrama unfolding on their front pages and television screens last week. Rupert Murdoch ?the furry-browed, softspoken, intensely competitive Australian owner of ten major newspapers, 13 magazines and dozens of lesser publications?had no sooner established himself as the owner of the city's only afternoon paper, the Post (circ. 500,000), than he was making a surprise bid to buy control of the New York Magazine Co. New York Founding Editor Clay Felker, meanwhile, canvassed millionaires around the world for help in fighting...
That spectacle would have made a King Kong-size story for New York, the small but influential weekly that celebrates the life-styles of the city's rich, its powerful and its houseplant owners. (Felker's editors indeed commissioned Cartoonist David Levine to draw a stinging cover portrait of Murdoch as one of those South American killer bees beloved of Murdoch-style tabloids; Felker thought better of it eventually.) But there almost was no new issue of New York. Nearly all the magazine's 125-member staff walked out in support of Felker, and only some last-minute help from...
...imitated New York (circ. 375,000) and the nation's leading counterculture weekly newspaper, the Village Voice (circ. 162,000), but has already started its own invasion of the West Coast with the successful launching last April of New West (circ. 290,000). The company's takeover by Rupert Murdoch marks an important new addition to the largely sex-and-scandal press empire that Murdoch is building in Australia, Britain and the U.S. It also marks Murdoch's emergence as a major presence in U.S. journalism. Having committed roughly $45 million to his twin gambles within the past two months...