Word: circe
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...distance phone call, U.S. journalism's smallest publisher (5 ft. 3 in., 136 Ibs.) closed the biggest deal in U.S. journalistic history. For $42 million?more than three times what the Louisiana Territory cost the U.S. in 1803?Newhouse bought both of New Orleans' papers: the morning Times-Picayune (circ. 195,151 daily, 307,-983 Sunday) and its evening companion, the States-Item...
...contributor, and in fact its cofounder. In 1955 Graham and his father-in-law, Dr. L. Nelson Bell, a Presbyterian layman, asked a number'of church leaders if they felt that Christianity needed a new nondenominational magazine, not-so liberal as the old and prestigious Christian Century (circ. 37,500). Bell organized a committee of clerical sponsors, raised the capital funds from a number of millionaire Protestant laymen, including Oilman J. Howard Pew and Chairman Maxey Jarman of GENESCO, Inc., who still make up most of the magazine's annual $225,000 deficit. To edit the new magazine...
...Globe (circ. 322,543) has long jousted with its broadcasting competitors, boasting that its editorial staff of 121 includes more newsmen than all of Missouri's radio and television stations to gether employ. But in its excitement over the new campaign's success, the Globe showed that it had not yet lost all faith in the air. Eager to tell St. Louis of the great things in store for newspaper readers, the Globe signed up for 266 radio and TV spots to shout its happy news...
Died. Mario Crespi, 82, multimillionaire co-owner (with his two surviving brothers, Aldo and Vittorio) of Milan's staid daily Cornere della Sera, Italy's biggest (circ. 450,000), most influential paper, a landowner, industrialist and art collector; after a long illness; in Milan...
Useful Pawn. In San Francisco's morning field, Hearst's once dominant Examiner (circ. 278,173) is fighting for its very life against the rejuvenated Chronicle (300,131). Not only has the Chronicle stolen a circulation march on Hearst, but it is rapidly closing the advertising revenue gap. The ambition of the expansion-minded Chronicle is nothing less than total victory; it would like to drive Hearst clear out of town...