Return of the press barons

As a new breed of aspiring press moguls talk of buying big city dailies, there's more than just an industry at stake

Amanda Bennett, editor of the struggling Philadelphia Inquirer, tells the newsroom on Nov. 8 that she will step down at the end of the year. Her successor, former city editor Bill Marimow (center rear), and Brian Tierney (right), CEO of Philadelphia Media Holdings, look on.
By Drake Bennett
November 19, 2006

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THE NEWS OF LATE has not been good to the newspaper industry. Over the past year, circulation numbers nationwide have fallen sharply; the numbers for daily papers are now a third less than their peak in 1984. Ad sales, which had long held steady despite circulation declines, have tailed off as well, as advertisers, along with readers, migrate to the ... (Full article: 2126 words)

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