The Press: Philadelphia Story

A demise in Philadelphia newspaperdom last week underscored a harsh truism: U.S. magazine publishers have failed notoriously to publish successful newspapers. The long-sick Philadelphia Evening Public Ledger was ordered liquidated by a Federal District Court. With it disappears the last remnant of the would-be newspaper empire started 29 years ago by the late, great Cyrus Hermann Kotzschmar Curtis, genius of the Satevepost, Ladies' Home Journal, etc. His empire-building had cost $42,000,000 and he had bought, started or swallowed eight newspapers with a combined peak circulation of 848,000. But, like Frank Munsey and...

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