Word: heralding
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...move will require approval of the Herald-Traveler's stockholders. That approval will be requested at a meeting scheduled for early June...
...board of directors of the Boston Herald-Traveler Corporation voted yesterday morning to sell "the name and good will of our newspapers, together with our publishing plant and all equipment therein" to the Heard Corporation for 58.5 million...
...Boston Herald-Traveler is dead. According to sources within the corporation, the 125-year old morning newspaper will cease publication June 4. and sell its plant and its name to The Hearst Co. for $8.6 million. The Herald's death reduces the numbers of Boston newspapers...
...while it seemed that the Hearst Corp., which owns the Record American, might provide a lifeline. There was talk of a merger that would convert Hearst's tabloid into a standard-sized afternoon paper that would be printed in the Herald's modern plant. But when WHDH was finally lost, Hearst stiffened its terms and is now reported to be interested only in buying the Herald's plant and assets. The corporation's annual meeting, originally scheduled for next week, has been postponed indefinitely while the board ponders the Hearst proposal. But, says one Herald executive...
...Newspapers in 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...