New York Daily News
Lachlan Murdoch confirms the figure to
New Yorker media writer
Ken Auletta. At a quarter a copy, the Post "was losing more in circulation revenue than it was gaining in new advertising," Auletta writes in his new book, "Backstory: Inside the Business of News."
Paul Colford says the book includes an expanded version of Auletta's
Howell Raines profile.
>
Bill Moyers on Rupert Murdoch: "He'll take losses on the
New York Post and subsidize
The Weekly Standard to advance his political agenda, which, of course, is ultimately aimed at the kind of government favoritism that boosts his corporate earning."
(BuzzFlash)
