Press: Live Wire

A buyer for U.P.I.

During the past decade, while United Press International reporters, photographers and editors have aggressively battled their rivals at the Associated Press, U.P.I, itself has been battling for survival. Since 1975 the news service has had reported pretax losses of $32 million. Last year it was put up for sale by its owner, the Cincinnati-based E.W. Scripps Co., which operates the Cincinnati Post and 50 other U.S. newspapers, plus six television and seven radio stations and six regional cable TV systems. Two serious bidders—the British news service Reuters and National Public Radio—failed to come to terms. Last week a...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!