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Newspaper Preservation Act Of 1970
The Newspaper Preservation Act of 1970 was an Act of the United States Congress, signed by President Richard Nixon, authorizing the formation of joint operating agreements among competing newspaper operations within the same media market area. It exempted newspapers from certain provisions of antitrust laws. Its drafters argued that this would allow the survival of multiple daily newspapers in a given urban market where circulation was declining. This exemption stemmed from the observation that the alternative is usually for at least one of the newspapers, generally the one published in the evening, to cease operations altogether. In practice two daily newspapers published in the same city or geographic area combine business operations while maintaining separate—and competitive—news operations. History The first joint operating agreement was between ''Albuquerque Tribune'' (then the ''New Mexico State Tribune'') and the ''Albuquerque Journal'' in Albuquerque, New Mexico, signed ...
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1970
Events January * January 1 – Unix time epoch reached at 00:00:00 UTC. * January 5 – The 7.1 Tonghai earthquake shakes Tonghai County, Yunnan province, China, with a maximum Mercalli intensity of X (''Extreme''). Between 10,000 and 14,621 were killed and 26,783 were injured. * January 14 – Biafra capitulates, ending the Nigerian Civil War. * January 15 – After a 32-month fight for independence from Nigeria, Biafran forces under Philip Effiong formally surrender to General Yakubu Gowon. February * February 1 – The Benavídez rail disaster near Buenos Aires, Argentina, kills 236. * February 10 – An avalanche at Val-d'Isère, France, kills 41 tourists. * February 11 – '' Ohsumi'', Japan's first satellite, is launched on a Lambda-4 rocket. * February 22 – Guyana becomes a Republic within the Commonwealth of Nations. March * March 1 – Rhodesia severs its last tie with the United Kingdom, declaring itself a republic. * March 4 — All 57 men aboard the ...
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''laissez-faire'' or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying ...
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Greenspun Media Group
The Greenspun Media Group is an independent company and was a wholly owned subsidiary of The Greenspun Corporation. Headquartered in Henderson, Nevada, the group has over 60 years experience in the Las Vegas Valley. Beginning with the ''Las Vegas Sun'' newspaper in 1950, the company has grown to more than 30 publications and a total distribution exceeding 27 million magazines and newspapers. In 2007, The Greenspun Group acquired Niche Media, which was founded in 1992 by Jason Binn. Niche Media was sold in 2014. Publications * ''Las Vegas Sun'' * ''VEGAS INC'' Vegas' business newspaper * ''Las Vegas Weekly'' an alternative weekly newspaper * ''Las Vegas Magazine'' a tourist guide; prior to 2006, known as ''Showbiz Weekly'' * ''Vegas2Go'' Former publications * The Home News Community Newspapers of Nevada ** ''Boulder City News'' 89005
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Las Vegas Sun
The ''Las Vegas Sun'' is one of the Las Vegas Valley's two daily subscription newspapers. It is owned by the Greenspun family and is affiliated with Greenspun Media Group. The paper published afternoons on weekdays from 1990 to 2005 and is now included as a section inside the pages of the morning ''Las Vegas Review-Journal'' but continues operating exclusively on its own website. Its publisher and president is Brian Greenspun, former publisher Hank Greenspun's son, who was a college roommate of President Bill Clinton. It has been described as "politically liberal." History The ''Las Vegas Sun'' was first published on May 21, 1950, by Hank Greenspun, who served as its editor until his death. Hank acquired the ''Las Vegas Free Press'' and two weeks later renamed it to the ''Las Vegas Sun''. He started the ''Las Vegas Sun'' after he received a US$1,000-loan from businessman Nate Mack. From its founding the paper was published in the mornings. Starting in 1989, after it signe ...
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Las Vegas Review-Journal
The ''Las Vegas Review-Journal'' is a daily subscription newspaper published in Las Vegas, Nevada, since 1909. It is the largest circulating daily newspaper in Nevada and one of two daily newspapers in the Las Vegas area. The ''Review-Journal'' has a joint operating agreement with The Greenspun Corporation-owned '' Las Vegas Sun'', which runs through 2040. In 2005, the ''Sun'' ceased afternoon publication and began distribution as a section of the ''Review-Journal''. On March 18, 2015, the sale of the newspaper's parent company, Stephens Media LLC, to New Media Investment Group was completed. In December 2015, casino magnate Sheldon Adelson purchased the newspaper for $140 million via News + Media Capital Group LLC. GateHouse Media, a subsidiary of New Media Investment Group, was retained to manage the newspaper. $140 million was considered a steep price amounting to a 69% gain for New Media Investment Group after owning the newspaper for nine months. History The ''Clark Cou ...
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Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks a ...
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Media News Group
MNG Enterprises, Inc., Trade name, doing business as Digital First Media and MediaNews Group, is a Denver, Colorado-based newspaper publisher owned by Alden Global Capital. The company has been growing its portfolio and as of May 2021, owns over 100 newspapers and 200 assorted other publications. With its acquisition of ''Tribune Publishing'' in late May 2021, Digital First Media became the second-largest owner of newspapers in the United States, as calculated by total number of subscribers. It is second to Gannett. History MediaNews Group was founded by Richard Scudder and William Dean Singleton. Both had experience in the American newspapers, American newspaper industry. Scudder ran the Newark News, Newark (New Jersey) News, a newspaper founded by his grandfather. Singleton had begun his career as a reporter when he was 15, for a small-town Texas newspaper and subsequently became the president of Allbritton Communications, Albritton Communications, a newspaper conglomerate i ...
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Detroit News
''The Detroit News'' is one of the two major newspapers in the U.S. city of Detroit, Michigan. The paper began in 1873, when it rented space in the rival ''Detroit Free Press'' building. ''The News'' absorbed the ''Detroit Tribune'' on February 1, 1919, the '' Detroit Journal'' on July 21, 1922, and on November 7, 1960, it bought and closed the faltering '' Detroit Times''. However, it retained the ''Times building, which it used as a printing plant until 1975, when a new facility opened in Sterling Heights. The ''Times'' building was demolished in 1978. The street in downtown Detroit where the Times building once stood is still called "Times Square." The Evening News Association, owner of ''The News'', merged with Gannett in 1985. At the time of its acquisition of ''The News'', Gannett also had other Detroit interests, as its outdoor advertising company, which ultimately became Outfront Media through a series of mergers, operated many billboards across Detroit and the surr ...
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Knight-Ridder
Knight Ridder was an American media company, specializing in newspaper and Internet publishing. Until it was bought by McClatchy on June 27, 2006, it was the second largest newspaper publisher in the United States, with 32 daily newspaper brands sold. Its headquarters were located in San Jose, California. History Origins The corporate ancestors of Knight Ridder were Knight Newspapers, Inc. and Ridder Publications, Inc. The first company was founded by John S. Knight upon inheriting control of the '' Akron Beacon Journal'' from his father, Charles Landon Knight, in 1933; the second company was founded by Herman Ridder when he acquired the , a German language newspaper, in 1892. As anti-German sentiment increased in the interwar period, Ridder successfully transitioned into English language publishing by acquiring ''The Journal of Commerce'' in 1926. Both companies went public in 1969 and merged on July 11, 1974. For a brief time, the combined company was the largest newspape ...
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Gannett
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.Tysons Corner CDP, Virginia
." ''''. Retrieved May 7, 2009.
It is the largest U.S. publisher as measured by total daily circulation. Massive layoffs and cessation of newspapers occurrred in November and December, 2022. It owns the
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Detroit Free Press
The ''Detroit Free Press'' is the largest daily newspaper in Detroit, Michigan, US. The Sunday edition is titled the ''Sunday Free Press''. It is sometimes referred to as the Freep (reflected in the paper's web address, www.freep.com). It primarily serves Wayne, Oakland, Macomb, Livingston, Washtenaw, and Monroe counties. The ''Free Press'' is also the largest city newspaper owned by Gannett, which also publishes ''USA Today''. The ''Free Press'' has received ten Pulitzer Prizes and four Emmy Awards. Its motto is "On Guard for Years". In 2018, the ''Detroit Free Press'' received two Salute to Excellence awards from the National Association of Black Journalists. History 1831–1989: Competitive newspaper The newspaper was launched by John R. Williams and his uncle, Joseph Campau, and was first published as the ''Democratic Free Press and Michigan Intelligencer'' on May 5, 1831. It was renamed to ''Detroit Daily Free Press'' in 1835, becoming the region's first daily ...
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Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at the 2020 census, making it the 27th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and the 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. '' Time'' named Detroit as one of the fifty World's Greatest Places of 2022 to explore. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional eco ...
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