Word: riddering
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Since Herman Ridder, an immigrant's son, bought the German-language New York Staats-Zeitiing in 1890, the publishing Ridder clan has grown to three sons and eight grandsons-and their newspaper empire has kept pace. This week Ridder Publications Inc. bought the only two dailies in Pasadena. Calif., the evening Star-News (circ. 41,120) and the morning Independent (circ. 35,588). Reported total cost: $4,500,000. That made six California newspapers picked up by the Ridders in 3½ years, giving them a monopoly not only in Pasadena but also in Long Beach and San Jose...
...Ridder family-now headed by Joseph E.. 69, his twin. Victor, and | Bernard H., 73-owns 13 newspapers (not counting the Seattle Times, in which it controls 49.5% of the stock), plus four radio stations and two TV stations. "This expansion will stop," said a Ridder employee last week, "when you run out of Ridder boys." The eight Ridder grandsons-who all help to run the papers, have already sired a dozen sons of their own. To help strangers sort out the clan, grandson Herman H., 47, president of the company, carries an oversized business card with a family...
...immigrant's son, the late Herman Ridder got his start in newspaper publishing in 1900 with the German-language Staats-Zeitung. But as the vanishing immigrant became the unhyphenated American, the foreign-language press dwindled. Publisher Ridder's interests grew into a twelve-paper, English-language group of dailies built on the cornerstone of the daily Staats-Zeitung, just as the late Joseph Pulitzer started out on St. Louis' German-language Westliche Post. Last week, with the number of German readers still dwindling, Victor F. Ridder, 67, son of Herman Ridder, announced that he was selling...
TIME, Aug. 4 quotes my friend, Ben Ridder of the Journal of Commerce, as saying we bought the Ridder-owned Chicago Journal 20 months ago after offering "more than it was worth." Let other readers of TIME'S ever-interesting Press section waste no sympathy on the Wall Street Journal as purchaser of the Chicago property. We wouldn't sell it today for twice what we paid for it. Reorganized and rechristened the Midwest edition of the WSJ, this newspaper's circulation has gone up from 33,233 in January 1951 to 69,342 today, including...
...Ridder family, which bought the morning and evening papers in San Jose, Calif, only two weeks ago (TIME, Aug. 4), last week purchased two more California dailies. For an undisclosed amount, the Ridders took over Long Beach's morning Independent (circ. 48,100) and evening Press-Telegram (95,823). The Ridders now have twelve dailies...