Word: newsdays
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...word. Los Angeles Times Publisher Otis Chandler was on a hunting safari and could not be reached. Newsday's majority stockholder, Captain Harry Guggenheim, was out of reach in Florida. Newsday Publisher Bill Moyers was not answering his phone. "Mr. Moyers is just like everyone else around here," said an assistant. "He's under orders not to say anything to anyone about the situation...
...situation" that all of them were not talking about was the possible sale of the nation's largest suburban daily to the publishing giant of the West. Informal meetings between Newsday's Guggenheim and Norman Chandler, chairman of the executive committee of the Times Mirror Co. (which publishes the Los Angeles Times), began three weeks ago. "The Captain," ailing at 79, is anxious to divest himself of the paper, and Chandler is anxious to buy, to the extent of a reported $75 million worth of Times Mirror stock. The rub: Minority Stockholders Joseph Albright (Newsday's Washington...
...Newsday's growth, since its founding in 1940 in a converted garage with a $50,000 investment, has been only slightly less meteoric. From an initial press run of 30,000 copies, the smartly turned-out tabloid has grown to a circulation approaching half a million, seventh among all evening papers in the nation. Newsday's strength in such areas as New York entertainment and sports is particularly attractive to the Times Mirror Co., which, with the Washington Post, operates a national news service...
...back in town, making his first speech in Washington since he left three years ago, and one thing that had not changed was his sense of humor. The former Press Secretary to L.B.J. is now on the other side of the fence as publisher of Long Island's Newsday. The view, if anything, seems funnier...
Parent Power. One of Spiro Agnew's problems is simply candor. He is a blunt man with strong views, and he wants the world to know about them. Last week he told a Newsday columnist, Nick Thimmesch, that he had prevented his daughter Kim, 13, from marching and wearing a black armband on Moratorium Day. "She was unhappy about it for a day," Agnew said, "but she got over it. Parental-type power must be exercised...