Newspapers: Sale in Suburbia

Faced with the competition of the big-city press and other news media, suburban dailies tend to be lackluster compendia of wire-service copy, plumped out with movie schedules and strictly local news. Such papers may rank low on journalism's merit scale, but they often can be immensely profitable businesses. One lucrative example is the Macy chain in New York State's Westchester and Rockland Counties, where the nine Macy papers have been making large profits for 40 years. Last week this highly successful suburban group was sold to an even more profitable smalltown...

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!