As he went about his business, Newhouse gained a reputation as a tight-fisted owner and manager known for cost cutting. We're not flashy. He says the changes represent packaging, not vision. He, for instance, goes monthly with his father to Cleveland, but also works with Starr on oversight of the Washington bureau. Bloomberg Billionaires Index - Donald Newhouse Washington's Primary Could Dethrone Trump's Kingmaking Power In February 1975 he had acquired 25 percent of the stock in the Booth Newspaper group, a chain of eight small newspapers all within 200 miles of Detroit, Michigan. By 1989, Forbes magazine, in its annual listing of the richest Americans, found the Newhouse empire to be worth some $5.2 billion. He resides in New York City. Details may include related records, political party, location, and more. Next was a stint as a copy editor at Parade Magazine, another Newhouse property. S.I. He again mentioned my complaints about the Genocide in Tibet. It wasalso redesinged to give it a new look and a new start,hoping to restore it as the central publication within the Cond Nast group. "They've just made some very good hires and have been doing some very good journalism," she says. Alex Kuczynski, The Media Business; Goodbye to Mademoiselle: Cond Nast Closes Magazine, New York Times, October 2, 2001. The old Post-Standard was "lethargic," he says. Once you have a good reader base, advertisers invariably follow. The New Yorker at the time had a renewal rate of 72 percent, which was then 2 points above the industry average. We walk back to the street level, outside and into a deli next door, where he buys two coffees in Styrofoam cups. [17], S. I. Newhouse School of Public Communications, "Newhouse family enters cable's top tier", "THE BIGGEST PRIVATE FORTUNE Media magnates Si and Don Newhouse control a $7.5-billion empire. Hegrew the business through acquisitions and by hiring some terrifically talented people. A few weeks ago, the media knowledgeable public relations professional Frank DeLuca, who has been serving as my Media Consultant on a pro bono basis, suggested, in light of LaRouche's long history of infiltration into the mainstream media (e.g. Booth also owned Parade magazine, a popular Sunday supplement. But on a midsummer day as the sun is just bleaching the sky, he has no desire to talk about the dramatic improvement of several of those papers.
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