The Press: A Monopoly of Quality

As owner of one of the most successful newspaper monopolies in the U.S., Minneapolis Star and Tribune Publisher John Cowles has never been the slightest bit defensive about his papers' unchallenged position. Last week, before the annual convention of the national journalism fraternity, Sigma Delta Chi, Publisher Cowles not only argued that monopoly papers are among the best in the U.S.; they are also partly responsible for the fact that sensationalism in the U.S. press is becoming a less and less salable commodity (see below). Said Cowles: "As the best papers have grown, the poorer papers, the marginal papers, have, to...

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