The Press: Block & Hearst

For 20 years Publisher Paul Block has been expanding his business, buying a newspaper here, a newspaper there. Today he owns the Newark Star-Eagle, the Brooklyn Standard-Union, the Pittsburgh Post-Gazette and two other dailies. All are profitmakers.

Last week Publisher Block began a new chapter in his journalistic adventures. But this time he did not buy a newspaper. Instead, he acquired the sole right to sell all the national advertising space for William Randolph Hearst's New York American. The agreement came thus: To Publisher Hearst, as is generally known, the American is...

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