Along with the rest of the economy, profits in the publishing industry generally went down last year, but the status of the Washington Post Co.one of the few major publishers in the field still under full family controlhas long been a matter of speculation. Last week an SEC registration for a public stock offering disclosed that the financial story told in the private ledgers of the firm was no different from that in the public reports of other corporations: 1970 was a bad year.
The company, whose holdings include the Washington Post, Newsweek and television stations in Miami, Jacksonville and Washington, earned...
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