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In December 1986, Dow Jones & Company offered News Corporation to sell about 19% of share it owned of SCMP for US$57.2 million, [167] and, by 1987, News Corporation completed the full takeover. [168] In September 1993, News Corporation have agreed to sell a 34.9% share in SCMP to Robert Kuok 's Kerry Media for US$349 million . [ 169 ]
News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited.News Limited was founded in 1923 in Adelaide by James Edward Davidson, funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; [9] [10] subsequently the controlling interest was bought by the Herald & Weekly Times.
USA Today (often stylized in all caps [5]) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth in 1980 and launched on September 14, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virginia. [6]
Philadelphia Daily News is a tabloid newspaper that serves Philadelphia, Pennsylvania. The newspaper is owned by The Philadelphia Inquirer, LLC, which also owns The Philadelphia Inquirer, a daily newspaper in Philadelphia The Daily News began publishing on March 31, 1925, under
He was replaced by Bob Hall, 67, the publisher of the Daily News and Inquirer from 1990 to 2003, when the papers were owned by Knight Ridder. [2] Philadelphia Media Network was purchased by Philadelphia businessman Gerry Lenfest in 2014. [3] In 2016, Lenfest donated the company to The Philadelphia Foundation, a nonprofit organization. [4] [5]
The publication operates 29 daily newspapers in fourteen states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million. [2] In 2006, it purchased Knight Ridder, which at the time was the second-largest newspaper company in the United States (Gannett was, and remains, the largest).
The Inquirer Building at 400 North Broad Street in Logan Square, formerly known as the Elverson Building, was home to the newspaper from 1924 to 2011.. The Philadelphia Inquirer was founded June 1, 1829, by printer John R. Walker and John Norvell, former editor of Philadelphia's largest newspaper, the Aurora & Gazette.
The Ethnic Press in the United States: A Historical Analysis and Handbook. (1987) Mott, Frank Luther. American Journalism: A History of Newspapers in the United States, 1690–1960 (3rd ed. 1962). major reference source and interpretive history. Nord, David Paul. Communities of Journalism: A History of American Newspapers and Their Readers. (2001)