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When Millionaire Contractor Matthew H. McCloskey sold his Philadelphia Daily News (circ. 192,401) to the Philadelphia Inquirer's Walter H. Annenberg last week, no one was more surprised than the News's publisher, David ("Tom") Stern III. Since taking over management of the ailing Democratic tabloid a year ago (TIME, Jan. 7), Philadelphia-born Tom Stern, 48, had cut its losses from $225,000 a month to $40,000 a month, and estimated that it would lose no more than $200,000 in 1958. "Given a reasonable amount of time, we would have had an independent...

Author: /time Magazine | Title: The Press: The Philadelphia News Story | 12/23/1957 | See Source »

Pealing for all it's worth, tabloid Grit over the years has given a big play to pictures and success stories of persons grittily overcoming handicaps (sample subject: deaf children learning to talk), decorously avoided touchy topics from the Kinsey report to the Confidential trial. Such a dry-cleaned view of the news stems from Publisher Lamade's German-born father, Dietrick, who with two others bought the tiny, two-year-old paper in 1884 for $1,000, and until his death in 1938 exhorted his staff to "avoid showing the wrong side of things or making people...

Author: /time Magazine | Title: The Press: Ring Out, Mild Bells | 12/9/1957 | See Source »

...thrice-married widow (her last: Oklahoma Oilman Frank C. Henderson) who once (1947) hoisted a thin-shanked, 72-year-old leg onto a table at the Metropolitan Opera House bar ("What's Marlene Dietrich got that I ain't got?") and gloated in her success as every tabloid spread the exhibit across the nation (East German propaganda displayed it as a sign of "Life in America" degeneracy); of the infirmities of age; in Manhattan...

Author: /time Magazine | Title: MILESTONES | 12/2/1957 | See Source »

...most eagerly read column in Munich, appearing in the tabloid Abendzeitung, is written in breezy English by Gordon Francis Feehan, 38, a New England-born Irishman. Under the pen name of Frank Gordon, Feehan turns out his slangy, spangled Munich-Go-Round, that looks as startlingly Arnerican in its German context as Dinah Shore would among the Rhinemaidens...

Author: /time Magazine | Title: The Press: The Frank Gordon Martini | 11/25/1957 | See Source »

...Other Germany. In contrast to the stodgy, opinion-packed journals that have traditionally formed Germany's newspaper diet, Springer's sprightly, independent papers concentrate on news and features. His morning Bild-Zeitung, a frothy, picture-filled tabloid that has the biggest circulation (3,000,000) of any newspaper on the Continent, pays little attention to politics and only skimpily covered Germany's election campaign. He launched it only five years ago after a London trip exposed him to the British popular press. To build readership, he borrowed a bag of tricks from U.S. and British newspapering...

Author: /time Magazine | Title: The Press: The Reluctant Potentate | 11/11/1957 | See Source »

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