Along with the cash, an infusion of seasoned talent at the top
Nearly every major capital in the Western world supports half a dozen or so daily newspapers. Every capital, that is, except Washington, D.C., which boasts only two dailies and has long faced the prospect of becoming a one-newspaper town. For more than 20 years, as the jaunty, aggressive, morning Washington Post (circ. 561,640) has enlarged its share of readership and advertising, the evening Star has waned. The struggling 126-year-old Star was assured survival last March when Time Inc. bought the paper for $28 million, giving it a strong financial base....
To continue reading:
or
Log-In
