*** Welcome to piglix ***

Philadelphia Daily News

Philadelphia Daily News
Philadelphia Daily News 10302008.jpg
The paper's October 30, 2008 front page
Type Daily newspaper (Monday-Saturday)
Format Tabloid
Owner(s) Philadelphia Media Network
Editor Michael Days
Managing editors Pat McLoone
News editor Gar Joseph
Sports editor Rich Hofmann
Photo editor Michael Mercanti
Founded March 31, 1925; 91 years ago (1925-03-31)
Headquarters 801 Market Street
Philadelphia, Pennsylvania 19107 U.S.
Circulation 97,694
Sister newspapers The Philadelphia Inquirer
Website philly.com

The Philadelphia Daily News is a tabloid newspaper that serves Philadelphia, Pennsylvania, United States. The newspaper is owned by Philadelphia Media Network which also owns Philadelphia's other major newspaper The Philadelphia Inquirer.

The Daily News began publishing on March 31, 1925, under founding editor Lee Ellmaker. By 1930, the newspaper's circulation exceeded 200,000, but by the 1950s the news paper was losing money. In 1954, the newspaper was sold to Matthew McCloskey and then sold again in 1957 to publisher Walter Annenberg.

In 1969, Annenberg sold the Daily News to Knight Ridder. In 2006 Knight Ridder sold the paper to a group of local investors. The Daily News has won the Pulitzer Prize three times. It is currently published as an edition of The Philadelphia Inquirer.

The Philadelphia Daily News began publishing on March 31, 1925, under founding editor Lee Ellmaker. In its early years, it was dominated by crime stories, sports and sensationalism. By 1930, daily circulation of the morning paper exceeded 200,000. Circulation dropped over the years, and by 1954, the money-losing paper was sold to Matthew McCloskey, a contractor and treasurer of the Pennsylvania Democratic Party. In December 1956, the paper's financial condition was so bad that McCloskey got permission from the unions for a 90 percent cut in the workforce.

In 1957, McCloskey sold the paper to Walter Annenberg, publisher of The Philadelphia Inquirer. Annenberg killed off the Daily News' Sunday edition and made the tabloid into an afternoon paper.

In 1969, Annenberg sold both papers to Knight Newspapers Inc., which eventually became Knight Ridder following a merger. Under the new ownership, the Daily News returned to morning publication and aimed to be taken more seriously. The paper's journalists have won the Pulitzer Prize three times. Richard Aregood won in 1985 for editorial writing, Signe Wilkinson won for her editorial cartoons in 1992 and Barbara Laker and Wendy Ruderman won in 2010 for investigating reporting for their "Tainted Justice" series focusing on the alleged misdeeds of a rogue narcotics squad.


...
Wikipedia

...