1. The Newspaper Collector.
- Subjects
NEWSPAPER ownership ,INVESTMENTS ,RADIO stations ,TELEVISION stations - Abstract
The article focuses on the wealth accumulated by Samuel I. Newhouse from New York out of newspapers for 40 years. He starts investing in the business for 49,000 dollars in 1922 by buying a slice of "Staten Island Advance." He spends some 122 million dollars collecting properties that include newspapers, radio, and television (TV) stations. His purchase of "Times-Picayune" and "States-Item" serves as the biggest deal in the U.S. journalistic history.
- Published
- 1962