A daily newspaper is a publication that contains news, articles, features, cartoons, opinions, and classified ads. It often includes photographs, and is designed to be read quickly. Newspapers are generally written in English and cover national and international events. Many newspapers are available in both print and online. Many people use the Internet to find information and keep up with current events. The most popular news websites offer breaking news and analysis of major developments in the United States and around the world.
The Yale Daily News is a student newspaper at Yale University. It is published every weekday when classes are in session and is one of the oldest college daily newspapers in the country. The paper has a conservative political slant and has been known for its controversial coverage of high-profile stories. Many of its writers and editors have gone on to prominent careers in journalism and public life.
In 1975, the Daily News rolled out what would become its most famous headline. After President Gerald Ford had vetoed a bankruptcy bail-out for New York City, the front page read: “FORD TO CITY: DROP DEAD.” The Daily News was once among America’s most widely read newspapers, but by the 1980s it was struggling to survive as the popularity of television and the Internet cut into its readership. The Daily News struggled under the weight of its labor costs and by the early 1990s it was running at a loss.
Eventually, the Daily News lost its dominant position in the New York market. In 1993, real estate magnate Mort Zuckerman bought the newspaper for $36 million. The newspaper’s debts reportedly amounted to $30 million.
By the mid-1990s, the Daily News had a circulation of less than half a million. It was losing $1 million a month. The newspaper was unable to renegotiate its contract with the Associated Press for wire photo services, and had to cut its staff in order to save money. The newspaper also gave in to union demands for more rules, job numbers and overtime. By the end of the decade, the Daily News was losing money and considering closing down altogether.
In 1995, the Daily News moved out of its old Park Place location and into a building at 220 East 42nd Street. The landmark Art Deco structure was designed by John Mead Howells and Raymond Hood. It served as the inspiration for the Daily Planet building in the Superman movies. The building later housed the New York satellite station WPIX. The Daily News subsequently moved to a larger space and in 1998 sold the 42nd Street building. The paper’s new owners are Chicago-based Tronc (TRNC), which acquired the Daily News along with its other New York assets in a deal announced Monday. The company assumed the Daily News’ operational and pension liabilities. It also assumed control of the New York Daily News website. The company already publishes several other newspapers, including the Los Angeles Times and the Chicago Tribune.