Word: mirrors
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...situation" that all of them were not talking about was the possible sale of the nation's largest suburban daily to the publishing giant of the West. Informal meetings between Newsday's Guggenheim and Norman Chandler, chairman of the executive committee of the Times Mirror Co. (which publishes the Los Angeles Times), began three weeks ago. "The Captain," ailing at 79, is anxious to divest himself of the paper, and Chandler is anxious to buy, to the extent of a reported $75 million worth of Times Mirror stock. The rub: Minority Stockholders Joseph Albright (Newsday's Washington...
...slipped them on, and it was like Superman in the stockroom at the Daily Planet, a large metropolitan newspaper. I walked around the place with this really cocky stride and checked them out in the mirror. I was too much. I wondered how I put up with those ??? ??? booties for so long...
...this can be argued coolly, and frequently has been, ever since the time that Harry Truman overrode Secretary of State George Marshall's advice and recognized the new state. Yet, as the Israelis themselves point out, Washington's interests do not and need not necessarily mirror Jerusalem's at every turn. The U.S. is justifiably concerned lest the festering hostilities in the Middle East erupt into another major war, renewing the danger of a Soviet-American confrontation. It is not at all inconsistent for the U.S. to guarantee Israel's survival while at the same time...
...merger, which will create the world's largest printing-publishing-papermaking combine (annual sales: $1.1 billion), will bring a much-needed infusion of management and money to I.P.C. The company publishes the Daily Mirror, Britain's largest daily (circ. 5,000,000), several gaudy Sunday tabloids and 200 trade and women's magazines; it has big holdings in British commercial TV and a 30% interest in Boston-based Cahners Publishing Co., which puts out 37 trade magazines...
Aiding the Competition. As I.P.C. chairman, Cudlipp, former Mirror managing director, and erstwhile boy wonder of Fleet Street, was in trouble from the start. Rather than fire the 1,000-man staff of the Sun (formerly the Daily Herald), which had lost $30 million in an unsuccessful effort to win a youthful readership, Cudlipp last year sold the paper to Rupert Murdoch, an Australian interloper in British publishing. One result was increased competition for the Mirror, I.P.C.'s most profitable property. Most of the company's 13 women's magazines are losing circulation as interest wanes...