"This is really the big time," grinned a shrewd, hearty Canadian named Roy Thomson last week. "Have you ever heard of anything bigger?" Few had: Roy Thomson, 65, already owner of 27 papers in Canada, seven in the U.S. and nine in Scotland (plus TV stations on both sides of the Atlantic), had just agreed to pay $14 million for most of Britain's great Kemsley chain, including twelve provincial papers and three Sunday nationals, one of them the Sunday Times.* Combined circulation of Thomson's acquisitions : 14 million.
Victorian Creed. Thomson's entry into the big time marked the retirement of one of...
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