Word: annenberg
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...Annenberg said that the News not only knew about the plane he had received but that almost every News executive had taken rides...
Said he: "I was fired." Get-Together Club. The news that he was out was as big a surprise to Annenberg as it was to News staffers. While Annenberg was vacationing in Phoenix, Ariz., he got a phone call from the News's President F. M. (for Francis Marion) Flynn. Said "Jack" Flynn: "I'd like to have your resignation immediately." Flynn, says Annenberg, charged that Annenberg had "mismanaged" the News's circulation department. Annenberg flew back to New York the same day to talk things over with the boss. When he got to his office...
Letter to the Board. The real reason for the blowup, implied Annenberg, was that the News's circulation has slipped nearly 15% from its postwar peak, and he was being blamed for it. Said he: "When circulation is going down, the circulation director is-well-not so great...
...circulation price, our paper sales were hurt. Sunday night, for instance, is very dead. Then, too, the policy of the paper changed. Originally, it was written for the man in the street, but it became a conservative Republican paper. I could only sell the product they printed." To Annenberg, who owns "substantial" stock in the Chicago Tribune-New York News company (valued at $42,000 a share), the matter was far from settled...
...wrote a letter to the News's board of directors arguing his case. Annenberg has no hopes of getting his job back, since "we could never heal this breach." He just wants to "make sure the board of directors is completely clear as to my loyalty to the paper...