The sagging Daily News mounts a mighty turn-around drive
At the New York Times's sprawling headquarters on Manhattan's West 43rd Street, Executive Editor Abe Rosenthai gathered some top staff members to announce what he described as a "very good" development: "We're going to have some better competition here in New York City." Downtown, at the offices of the scrappy but financially hemorrhaging New York Post, Australian Publisher Rupert Murdoch was not quite so cheery.
The competition's strategy, he declared bluntly, "is to get rid of us."
To both editors, the competition in question was...
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