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...papers now serve state capitals as far apart as Hartford and Honolulu. Last year was the company's biggest ever for acquisitions: 17 dailies for a total of $130 million, mostly in Gannett stock. This year the group has already paid $14 million for the Nashville, Tenn., Banner (circ. 97,800), and next month plans to take over the El Paso Times (59,348) for an estimated $20 million. With Gannett stock selling at some 35 times earnings, stockholders at the corporation's annual meeting in Rochester last week authorized a doubling of outstanding shares to 20 million...
...publication that never bought Muskie is the New Democrat (circ. 4,000), a lively monthly devoted to the liberal wing of the Democratic Party. Editor Stephen Schlesinger, 29, admits to no clairvoyance in foreseeing Edmund Muskie's fall and the rise of George McGovern-only partisanship.* Schlesinger, the son of Historian Arthur Schlesinger Jr., founded the magazine in 1970 as a podium from which to preach party reform and "call attention to the dead leadership...
...terms of quantity at least, Boston is the nation's best town for morning newspapers. Excluding the Christian Science Monitor, which is not truly a local paper, readers can choose among the sprightly Globe (circ. 240,163), the stodgy Herald Traveler (192,129) and the tabloid Record American (369,873). But they may not have long to treasure that choice, for the Herald Traveler is fighting for its life...
Sponsored by the New York journalism review [MORE] (circ. 8,000), the Counter-Convention attracted some 2,000 reporters, editors, freelancers, students, journalism professors and unaffiliated critics from all over the U.S. A few paid their own way to New York from points as distant as Hawaii to participate in the biggest forum ever involving those who write, report and broadcast the news. [MORE] Editor Richard Pollak promised all comers "a chance to bitch"; the response was collective catharsis. Panels on subjects ranging from "the new journalism" to "racism-sexism-elitism" were punctuated by scatological outbursts that went live...
...growing numbers are banning display advertising for X-rated films because papers do not want to publicize pornography. Such forerunners as the San Diego Union and Tribune, Houston Post and Boston Herald Traveler have recently been joined by two more major papers: Cleveland's morning Plain Dealer (circ. 409,935) and the Detroit News (650,180), the nation's largest afternoon daily. That made the X blackout effective for 7% of the total U.S. daily circulation and brought forth a protest from Jack Valenti, president of the Motion Picture Association of America. No newspaper, said Valenti, should...