New York Post

The New York Post is one of the oldest (and according to some definitions, the oldest) newspapers still published in the United States. It was founded by Alexander Hamilton in 1801— as the New-York Evening Post, a broadsheet quite unlike today's tabloid. Early editorial work was done in the country weekend villa that is now Gracie Mansion. Hamilton chose for his first editor William Coleman, but the more famous 19th-century Evening Post editor was William Cullen Bryant, a strong Abolitionist. In 1881 Henry Villard took control of the Evening Post, which in 1897 passed to the management of his son, Oswald Garrison Villard, a founding member of both the National Association for the Advancement of Coloured People (NAACP) and the American Civil Liberties Union. In 1933 the Post changed to tabloid format.Dorothy Schiff purchased the paper in 1939; her editor Ted Thackrey turned it into a streamlined tabloid format, then in 1977 was bought by Rupert Murdoch.

Sales

The daily circulation of the Post slumped from 700,000 in the late 1960s to approximately 418,000. But the Post experienced the largest growth of any major paper two years ago, and grew again this year to reach a circulation around 680,000. Despite being one of New York City's most widely-read newspapers, reports made public in 1993 suggest that the Post has been run at a significant loss, perhaps as much as $40 million a year ago, but continues to be supported by Rupert Murdoch, whose son Lachlan is the executive editor, possibly to keep a conservative-leaning major newspaper in the City.

Related Topics:
1960s - 1993

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