Anonymous ID: 7a4354 Feb. 22, 2018, 12:33 p.m. No.463053   🗄️.is 🔗kun   >>3072 >>3343

>>462733

 

>On February 2, 1978, Time Inc. purchased the Star for $20 million. Their flagship magazine, Time, was archrival to Newsweek, which was published by The Washington Post Company, and the purchase seemed natural.

>Management issues continued to plague the publication, however. Editor-in-Chief Murray Gart, former chief of correspondents at Time, had no experience managing a newspaper and little experience even writing for one.[citation needed] An effort to draw readers with localized special "zonal" metro news sections did little to help circulation. The Star lacked the resources to produce the sort of ultra-local coverage zonal editions demanded and ended up running many of the same regional stories in all of its local sections. An economic downturn resulted in monthly losses of over $1 million.

 

>On August 7, 1981, after 128 years, The Washington Star ceased publication. In the bankruptcy sale, the Post purchased the land and buildings owned by the Star, including its printing presses.

 

1973 - Outs the CIA leading to a congressional oversight

1978 - TIME buys them

1981 - 2 years later, it's run into the ground and shuts down. Was working fine for 126 years before this.

 

Nothing suspicious about that. We know TIME isn't part of the CIA Propaganda Division, afterall.