Word: riddering
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...efforts by the afternoon News and the morning Free Press to beat each other into submission cost millions and kept newsstand prices and advertising rates at rock bottom. Then two years ago both papers agreed to an odd sort of truce. Gannett Co., owner of the News, and Knight-Ridder Inc., owner of the Free Press, decided to take advantage of a federal law designed to preserve the editorial voice of a dying newspaper by allowing it to combine its business operations with a healthy competitor. They thus joined forces in applying to the Justice Department for approval...
Administrative Law Judge Morton Needelman was not impressed. He noted that Knight-Ridder, one of the country's richest and most distinguished newspaper chains, had invested tens of millions of dollars in the Free Press and had never before folded any of its papers. Thus, Needelman concluded, "I have assigned little weight to this threat." But last week, less than a month after Needelman issued his report to Attorney General Edwin Meese recommending against the controversial J.O.A., Chapman pursued his threat further. Emerging from a Detroit meeting of the 17-member Knight-Ridder board, he solemnly announced that...
Several U.S. corporate consortiums, including one jointly owned by AT&T, Chemical Bank, BankAmerica and Time Inc., are also exploring the videotext field. Two other efforts have ended in failure: last spring the Times Mirror and Knight-Ridder newspaper chains shut down a pair of failing videotext projects, for a combined loss of more than $80 million. "The odds are against Minitel," says James Holly, director of Times Mirror's electronic information services. "U.S. consumers are already overwhelmed by choices. Minitel would only add to the clutter." It appears that Americans are not about to join the Mayaux family anytime...
Clark Hoyt, Washington Bureau Chief for the Knight-Ridder newspapers, has been named the Center's first fellow...
...smiled kindly on New York City: the New York Times won two prizes, for a series on Star Wars and the music criticism of Donal Henahan, while one each went to the street-savvy Daily News columns of Jimmy Breslin and the Village Voice cartoons of Jules Feiffer. Knight-Ridder newspapers picked up seven of the 15 newspaper awards, a record for a single chain...