The Press: Still Second

"For purchasing, starting or financing new newspapers and news enterprises," 30% of the residuary estate, reads the will of the late Edward Wyllis Scripps (TIME, March 22). Last week Scripps-Howard Chairman Roy Wilson Howard used some of that legacy to buy two newspapers— the Knoxville (Tenn.) Sentinel and the Memphis (Tenn.) News-Scimitur which Mr. Howard, like a Frank Munsey, is consolidating with his other papers in the respective towns. Not content with these acquisitions, dapper Mr. Howard, of the flashy vests and flashier brain, reached out to Denver to buy the Rocky Mountain...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!