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Strawbridge's , formerly Strawbridge & Clothier , was a department store in the northeastern United States , with stores in Pennsylvania , New Jersey , and Delaware . The Center City Philadelphia flagship store was, in its day, a gracious urban emporium. The retailer started adding branch stores starting in the 1930s and, by their zenith in the 1980s, enjoyed annual sales of over a billion dollars By the 1990s, Strawbridge's became part of the May Department Stores conglomerate until May's acquisition by Federated Department Stores on August 30, 2005.

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67-460: Philadelphia Daily News is a tabloid newspaper that serves Philadelphia, Pennsylvania . The newspaper is owned by The Philadelphia Inquirer, LLC , which also owns The Philadelphia Inquirer , a daily newspaper in Philadelphia. 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

134-713: A 6,000 sq. ft walk-through of 26 scenes from Charles Dickens's classic A Christmas Carol . As of 2022, Macy's, in the former Wanamaker's building, displays Dickens Village during the holiday season. In May 1930, Strawbridge & Clothier helped remake the American retail scene by opening one of the first suburban branch department stores in the nation, located in the Suburban Square shopping center in Ardmore, Pennsylvania . [9] In 1931, it followed with its second suburban "satellite" store at Jenkintown, Pennsylvania ,

201-586: 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 newspaper continues to struggle financially. It

268-464: A broadsheet. Its sister publication, Meia Hora has always been a tabloid, but in slightly smaller format than O Dia and Lance! . The more recent usage of the term 'tabloid' refers to weekly or semi-weekly newspapers in tabloid format. Many of these are essentially straightforward newspapers, publishing in tabloid format, because subway and bus commuters prefer to read smaller-size newspapers due to lack of space. These newspapers are distinguished from

335-458: A crowded commuter bus or train . The term compact was coined in the 1970s by the Daily Mail , one of the earlier newspapers to make the change, although it now once again calls itself a tabloid. The purpose behind this was to avoid the association of the word tabloid with the flamboyant, salacious editorial style of the red top newspaper. The early converts from broadsheet format made

402-833: A dedicated Mumbai tabloid newspaper, Mumbai Mirror , which gives prominence to Mumbai-related stories and issues. Tehelka started as a news portal in 2000. It broke the story about match-fixing in Indian and International Cricket and the sting operation on defence deals in the Indian Army. In 2007, it closed shop and reappeared in tabloid form, and has been appreciated for its brand of investigative journalism. Other popular tabloid newspapers in English media are Mid-Day , an afternoon newspaper published out of and dedicated to Mumbai and business newspapers like MINT . There are numerous tabloids in most of India's official languages. There

469-549: A hostile takeover attempt by Ronald S. Baron in 1986, Strawbridge & Clothier survived as an independent, locally owned department store into the 1990s. In 1995, in an attempt to become the dominant retailer in the Philadelphia region, S&C partnered with Federated Department Stores, Pomeroys, and the Rubin Brothers real estate development company to acquire their rival Wanamaker's , but were outbid in bankruptcy court by May Department Stores Company . Subsequently,

536-538: A newspaper for the British Columbia market. The Canadian publisher Black Press publishes newspapers in the provinces of British Columbia and Alberta in both tabloid ( 10 + 1 ⁄ 4  in (260 mm) wide by 14 + 1 ⁄ 2  in (368 mm) deep) and what it calls "tall tab" format, where the latter is 10 + 1 ⁄ 4  in (260 mm) wide by 16 + 1 ⁄ 4  in (413 mm) deep, larger than tabloid but smaller than

603-557: Is Bulgar , but some are written in English, like the People's Journal and Tempo . Like their common journalistic connotations, Philippine tabloids usually report sensationalist crime stories and celebrity gossip, and some tabloids feature topless photos of girls. Several tabloids are vernacular counterparts of English broadsheet newspapers by the same publisher, like Pilipino Star Ngayon ( The Philippine Star ), Bandera ( Philippine Daily Inquirer ), and Balita ( Manila Bulletin ). In

670-525: Is an all youth tabloid by the name of TILT – The ILIKE Times. In Indonesia, tabloids include Bola, GO (Gema Olahraga, defunct), Soccer (defunct), Fantasy (defunct), Buletin Sinetron (defunct), Pro TV (defunct), Citra (defunct), Genie , Bintang Indonesia (Indonesian Stars) , Nyata , Wanita Indonesia (Women of Indonesia), Cek and Ricek , and Nova . In Oman, TheWeek is a free, 48-page, all-colour, independent weekly published from Muscat in

737-532: Is circulated mostly among blue-collar labourers . Compact tabloids, just like broadsheet - and Berliner -format newspapers, span the political spectrum from progressive to conservative and from capitalist to socialist . In Morocco , Maroc Soir , launched in November 2005, is published in tabloid format. In South Africa , the Bloemfontein-based daily newspaper Volksblad became

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804-460: Is given by the Daily News to a Philadelphia Police Officer who exemplifies compassion, fairness, and civic commitment. The award was first given in 1986. The Daily News named its first Sportsperson of the Year in 2008. Mister Mann Frisby, Police Reporter/Features Writer 1997-2000 Tabloid newspaper A tabloid is a newspaper with a compact page size smaller than broadsheet . There

871-542: Is no standard size for this newspaper format . The word tabloid comes from the name given by the London -based pharmaceutical company Burroughs Wellcome & Co. to the compressed tablets they marketed as "Tabloid" pills in the late 1880s. The connotation of tabloid was soon applied to other small compressed items. A 1902 item in London's Westminster Gazette noted, "The proprietor intends to give in tabloid form all

938-651: The Boston Herald . US tabloids that ceased publication include Denver's Rocky Mountain News . In Australia , tabloids include The Advertiser , the Herald Sun , The Sun-Herald , The Daily Telegraph , The Courier Mail , The West Australian , The Mercury , the Hamilton Spectator , The Portland Observer , The Casterton News and The Melbourne Observer . In Argentina , one of

1005-532: The Daily Star and the Daily Mirror . Although not using red mastheads, the Daily Mail and Daily Express also use the 'tabloid journalism' model. In contrast to red-top tabloids, compacts use an editorial style more closely associated with broadsheet newspapers. In fact, most compact tabloids formerly used the broadsheet paper size, but changed to accommodate reading in tight spaces, such as on

1072-994: The New York Post , the Daily News and Newsday in New York, the San Francisco Examiner , The Bakersfield Californian and La Opinión in California , The Jersey Journal and The Trentonian in New Jersey, the Philadelphia Daily News , the Delaware County Daily Times and The Citizens' Voice , The Burlington Free Press , The Oregonian , the Chicago Sun-Times , and

1139-464: The Philadelphia Daily News . Store employees and the public-at-large felt a sense of loss as well: many employees rushed to pay off their credit card accounts in full before the sale was finalized, "hoping that the proceeds would go to the founding families rather than [the new buyers]." After the sale, the stores operated simply as "Strawbridge's", although exterior signage reading "Strawbridge & Clothier" remained in place at many locations until

1206-607: The Berliner format (2008–2013) and now adopts a compact format with 32 pages during the week and 48 pages on Saturday. In Bangladesh , the Daily Manab Zamin became the first and is now the largest circulated Bengali language tabloid in the world. In Georgia , the weekly English-language newspaper The Financial switched to a compact format in 2005 and doubled the number of pages in each issue. Other Georgian-language newspapers have tested compact formats in

1273-525: The Century 21 Department Stores company of New York City opened its first location outside of the greater New York City area on a portion of the street level, and the entire second level of the Strawbridge's building. Century 21 closed in 2020 as a result of the chain filing for bankruptcy and closing all stores. On December 16, 2021, a Giant Heirloom Market grocery store opened in the ground level of

1340-627: The Macy's brand. Strawbridge & Clothier began as a dry goods store founded by Quakers Justus Clayton Strawbridge (1838–1911) and Isaac Hallowell Clothier (1837–1921) in Philadelphia in 1868. Strawbridge & Clothier purchased the 3-story brick building on the northwest corner of Market and 8th Streets in Center City Philadelphia that had been Thomas Jefferson's office from 1790 to 1793 while he served as Secretary of State , and opened their first store. They soon replaced

1407-652: The Netherlands , several newspapers have started publishing tabloid versions of their newspapers, including one of the major 'quality' newspapers, NRC Handelsblad , with nrc•next (ceased 2021) in 2006. Two free tabloid newspapers were also introduced in the early 2000s, ' Metro and Sp!ts (ceased 2014), mostly for distribution in public transportation. In 2007, a third and fourth free tabloid appeared, ' De Pers ' (ceased 2012) and ' DAG ' (ceased 2008). De Telegraaf , came in broadsheet but changed to tabloid in 2014. In Norway , close to all newspapers have switched from

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1474-537: The Nice Matin (or Le Dauphiné ), a popular Southern France newspaper changed from Broadsheet to Tabloid on 8 April 2006. They changed the printing format in one day after test results showed that 74% liked the Tabloid format compared to Broadsheet. But the most famous tabloid dealing with crime stories is Le Nouveau Détective , created in the early 20th century. This weekly tabloid has a national circulation. In

1541-520: The Philadelphia Daily News have won three Pulitzer Prizes . 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. The George Fencl Award, named in honor of Philadelphia Police Officer George Fencl,

1608-484: The Southern Philippines , a new weekly tabloid, The Mindanao Examiner , now includes media services, such as photography and video production, into its line as a source to finance the high cost of printing and other expenses. It is also into independent film making. The Berliner format, used by many prominent European newspapers, is sized between the tabloid and the broadsheet. In a newspaper context,

1675-506: The Toll Brothers homebuilding firm, Bruce Toll. The deal became official on June 29, 2006. The group intended to strengthen the online presence of both papers, and began an extensive ad campaign. Falling circulation and ad revenue caused Philadelphia Media Holdings to make the Daily News into an edition of The Philadelphia Inquirer . Without making any other changes to the Daily News , making it part of The Inquirer would combine

1742-731: The building for which was listed on the National Register of Historic Places in 1988. [10] Strawbridge's opened up a number branch stores throughout Pennsylvania, New Jersey, and Delaware. These branch stores typically were opened in shopping malls. Prominent stores throughout the Philadelphia area included the stores in Wilmington (1952), Cherry Hill (1961), Springfield (1964), Plymouth Meeting (1966), Neshaminy (1968), Echelon (1970), Exton (1973), Christiana (1978), Burlington, New Jersey (1982), Wilmington (1983), King of Prussia (1988) and Willow Grove (1989). By

1809-409: The 13 Strawbridge & Clothier department stores were themselves bought by May in 1996, when the Strawbridge & Clothier directors (mostly members of the Strawbridge and Clothier families) elected to liquidate operations over the vehement objections of patriarch Stockton Strawbridge. Strawbridge died not long after the sale. "He was the store, and the store was him," said his attorney Peter Hearn to

1876-494: The 1970s, Strawbridge's had nearly a dozen branch stores in malls across eastern Pennsylvania, southern New Jersey, and northern Delaware. The branches proved to have been a wise step, as the flagship store posted only a few years of actual profitability, all of them during the 1940s. The last S&C store built was at the Concord Mall in Wilmington, Delaware in 1983. In 1969, Strawbridge set his sights on competing with

1943-475: The Corinthian Room on the sixth floor of the flagship store. The company also revolutionized retailing with their introduction of revolving charge account cards. Strawbridge's was well known for its handled shopping bags which kept up with the fashion of each era. It was a paper bag, with navy blue handles with Strawbridge's printed in blue twice and red once on one side of the bag, and vice versa on

2010-544: The Inquirer Building in 2011, the Daily News along with The Inquirer and Philly.com moved their offices to the 3rd floor of the old Strawbridge & Clothier department store on East Market Street. In 2019, Philadelphia Media Network renamed Philly.com Inquirer.com and made the Daily News an edition of the Inquirer . Philadelphia Media Network was renamed The Philadelphia Inquirer, LLC. Journalists with

2077-520: The Strawbridge's stores under the Northern Virginia-based Hecht's Department Store division. On February 1, 2006, the former May Company divisions were all dissolved, and operating control of the remaining Strawbridge's stores was assumed by Macy's East . Macy's closed Strawbridge's flagship Center City store on May 23, 2006. On September 9, 2006, the Strawbridge's and Hecht's nameplates were completely phased-out in favor of

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2144-583: The Sultanate of Oman. Oman's first free newspaper was launched in March 2003 and has now gone on to gather what is believed to be the largest readership for any publication in Oman. Ms Mohana Prabhakar is the managing editor of the publication. TheWeek is audited by BPA Worldwide, which has certified its circulation as being a weekly average of 50,300. In Pakistan, Khabrain is a tabloid newspaper popular within

2211-581: The black working class. It sells over 500,000 copies per day, reaching approximately 3,000,000 readers. Besides offering a sometimes satirical view of the seriousness of mainstream news, the Daily Sun also covers fringe theories and paranormal claims such as tikoloshes , ancestral visions and all things supernatural. It is also published as the Sunday Sun . In Mauritius , the popular afternoon newspaper Le Mauricien shifted from tabloid (1908–2008) to

2278-583: The broadsheet to the tabloid format, which measures 280 x 400 mm. The three biggest newspapers are Dagbladet , VG , and Aftenposten . In Poland , the newspaper Fakt , sometimes Super Express is considered as tabloid. In the United Kingdom, three previously broadsheet daily newspapers— The Times , The Scotsman and The Guardian —have switched to tabloid size in recent years, and two— Daily Express and Daily Mail —in former years, although The Times and The Scotsman call

2345-764: The broadsheets it also publishes. In the United States , daily tabloids date back to the founding of the New York Daily News in 1919, followed by the New York Daily Mirror , and the New York Evening Graphic in the 1920s. Competition among those three for crime, sex and celebrity news was considered a scandal to the mainstream press of the day. The tabloid format is used by a number of respected and indeed prize-winning American papers. Prominent U.S. tabloids include

2412-603: The change in the 1970s; two British papers that took this step at the time were the Daily Mail and the Daily Express . In 2003, The Independent also made the change for the same reasons, quickly followed by The Scotsman and The Times . On the other hand, The Morning Star had always used the tabloid size, but stands in contrast to both the red top papers and the former broadsheets; although The Morning Star emphasizes hard news , it embraces socialism and

2479-534: The circulation numbers of both papers by the Audit Bureau of Circulation . The idea was to make the newspapers more attractive to advertisers. On April 14, 2010, Brian Tierney announced that the Daily News would launch a weekend edition in October. The weekend edition's content would be similar to the daily edition, but would have features that would not be time sensitive and be able to be read anytime during

2546-624: The cost of the limestone building was expected to be $ 6.5 million, an amount which caused some concern to the store's owners. By the time of the ribbon-cutting in 1931 in the depth of the Great Depression , the staggering $ 10 million cost (equivalent to $ 200 million in 2023) of such grand construction nearly suffocated the cash-strapped company. The building subsequently became the eastern anchor in 1977 of The Gallery , an urban mall connecting Strawbridge & Clothier with Gimbels , which had relocated from across Market Street to join

2613-523: The country's two main newspapers, Clarín , is a tabloid. In Brazil , many newspapers are tabloids, including sports daily Lance! (which circulates in cities such as Rio de Janeiro and São Paulo ), most publications currently and formerly owned by Grupo RBS (especially the Porto Alegre daily Zero Hora ), and, in March 2009, Rio de Janeiro-based O Dia switched to tabloid from broadsheet, though, several years later, it reverted to being

2680-554: The early 1990s. Tabloid journalism is still an evolving concept in India's print media. The first tabloid, Blitz was started by Russi Karanjia on February 1, 1941 with the words "Our Blitz, India's Blitz against Hitler !". Blitz was first published in English and then branched out with Hindi , Marathi and Urdu versions. In 1974, Russi's daughter Rita founded the Cine Blitz magazine. In 2005, Times of India brought out

2747-627: The emerging Target -grade retailers, [6] launching the Clover discount store chain; the first Clover store opened in 1971. Located in strip centers rather than malls for the most part, Clover grew to have 26 locations, more than the 21 full-service S&C stores. Most Clover stores closed in the winter of 1997. Some Strawbridge's stores had restaurants inside, like at the Christiana Mall , Exton Square Mall , Plymouth Meeting Mall , Neshaminy Mall , Cherry Hill Mall , Jenkintown store , and

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2814-410: The first serious broadsheet newspaper to switch to tabloid, but only on Saturdays. Despite the format being popular with its readers, the newspaper remains broadsheet on weekdays. This is also true of Pietermaritzburg's daily, The Witness in the province of KwaZulu-Natal . The Daily Sun , published by Naspers , has since become South Africa's biggest-selling daily newspaper and is aimed primarily at

2881-582: The format " compact " to avoid the down-market connotation of the word tabloid . Similarly, when referring to the down-market tabloid newspapers the alternative term " red-top " (referring to their traditionally red-coloured mastheads) is increasingly used, to distinguish them from the up- and middle-market compact newspapers. The Morning Star also comes in tabloid format; however, it avoids celebrity stories, and instead favours issues relating to labour unions . In Canada many newspapers of Postmedia 's Sun brand are in tabloid format including The Province ,

2948-426: The former Strawbridge's flagship store currently owned by PREIT. In April 2012, it was reported by one of the sub-contractors that the building was undergoing additional renovation for both office and residential use. In July 2012, The Philadelphia Inquirer and Philadelphia Daily News relocated to the third floor of the building from their former headquarters at 400 North Broad Street . On October 23, 2014,

3015-495: The lower floors of the flagship Strawbridge's store. PREIT sought retail tenants for the areas of the building closest to street level and converted some higher floors to office space. The uppermost floors had previously been sold and converted to offices; they are currently owned by American Financial Realty Trust of Jenkintown . On February 26, 2009, it was announced that the developers of Foxwoods Casino Philadelphia were looking into locating their new casino on three floors of

3082-485: The lower middle class. This news group introduced a new paper, Naya Akhbar which is comparably more sensational. At the local level, many sensational tabloids can be seen but, unlike Khabrain or other big national newspapers, they are distributed only on local levels in districts. Tabloids in the Philippines are usually written in local languages, like Tagalog or Bisaya , one of the listed top Tagalog tabloids

3149-400: The major daily newspapers, in that they purport to offer an "alternative" viewpoint, either in the sense that the paper's editors are more locally oriented, or that the paper is editorially independent from major media conglomerates. Other factors that distinguish "alternative" weekly tabloids from the major daily newspapers are their less-frequent publication, and that they are usually free to

3216-520: The mall. It was the vision of S&C Chairman Stockton Strawbridge that was instrumental in revitalizing the Market East retail district in the 1970s, a vision that is still apparent today despite the demise of both Gimbels and Strawbridge's. He once said that his goal was to transform fading east Market Street into "the Champs-Élysées of Philadelphia." After successfully fighting off

3283-469: 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 three Pulitzer Prizes since its founding. Philadelphia Daily News began publishing on March 31, 1925, under founding editor Lee Ellmaker. In its early years, it

3350-529: The news printed by other journals." Thus tabloid journalism in 1901, originally meant a paper that condensed stories into a simplified, easily absorbed format. The term preceded the 1918 reference to smaller sheet newspapers that contained the condensed stories. Tabloid newspapers, especially in the United Kingdom , vary widely in their target market, political alignment, editorial style, and circulation. Thus, various terms have been coined to describe

3417-423: The newspapers will draw their advertising revenue from different types of businesses or services. An upmarket weekly's advertisers are often organic grocers, boutiques, and theatre companies while a downmarket's may have those of trade schools, supermarkets, and the sex industry. Both usually contain ads from local bars, auto dealers, movie theaters, and a classified ads section. Strawbridge%27s May operated

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3484-460: The old building with one of 5 stories, and then expanded into neighboring buildings as well. In 1928, the company decided to replace all but one of its buildings with a new edifice, and began construction in phases on the 13-story building which stands on the corner of Market and North 8th Street today. Designed in the Beaux Arts -style by the Philadelphia architectural firm Simon & Simon,

3551-399: The other. Once May assumed the company, the Strawbridge & Clothier Seal of Confidence was no longer a prominent marketing image. Late 1970s and 1980s bags were a bright glossy yellow with that era's pseudo calligraphic trademark in a vertical orientation in black along the bag's edge. 1960s bags featured a "modern" script-like trademark with their famous "seal of confidence". Strawbridge's

3618-411: The paper's unions and launched a public relations campaign to promote local ownership. A bankruptcy auction was held on April 28, 2010. The group of lending creditors and a group of local investors allied with Brian Tierney both bid for Philadelphia Newspapers, but the lenders had the winning bid. The lenders' company, Philadelphia Media Network , took control later that year. In July 2012, after selling

3685-435: The personal lives of celebrities and sports stars, and junk food news . Celebrity gossip columns which appear in red top tabloids and focus on their sexual practices , misuse of narcotics , and the private aspects of their lives often border on, and sometimes cross the line of defamation . Red tops tend to be written with a simplistic, straightforward vocabulary and grammar; their layout usually gives greater prominence to

3752-460: The picture than to the word. The writing style of red top tabloids is often accused of sensationalism and extreme political bias; red tops have been accused of deliberately igniting controversy and selectively reporting on attention-grabbing stories, or those with shock value . In the extreme case, tabloids have been accused of lying or misrepresenting the truth to increase circulation. Examples of British red top newspapers include The Sun ,

3819-471: The store operated WFI, an AM radio station. In 1935, the station merged with WLIT, owned by the Lit Brothers store across the street, to form WFIL , an NBC Blue network affiliate. WFIL remains on the air today on its original frequency, AM 560. In November 1985, Strawbridge's unveiled Dickens Village on the fourth floor of their flagship store. This Christmas display featured animatronic figures in

3886-505: The stores became Macy's in 2006. May had merged the former John Wanamaker into its Hecht's banner, but converted them to Strawbridge's as well (except for Wanamaker's former flagship on Market Street, which eventually became a Lord & Taylor and is now Macy's). However, the Strawbridge & Clothier head office was closed and its operations were consolidated with Hecht's in Arlington, Virginia . For 13 years, from 1922 to 1935,

3953-622: The subtypes of this versatile paper format. There are, broadly, two main types of tabloid newspaper: red top and compact . The distinction is largely of editorial style; both red top and compact tabloids span the width of the political spectrum from socialism to capitalist conservatism , although red-top tabloids, on account of their historically working-class target market, generally embrace populism to some degree. Red top tabloids are so named due to their tendency, in British and Commonwealth usage, to have their mastheads printed in red ink;

4020-521: The term Berliner is generally used only to describe size, not to refer to other qualities of the publication. The biggest tabloid (and newspaper in general) in Europe, by circulation, is Germany's Bild , with around 2.5 million copies (down from above 5 million in the 1980s). Although its paper size is bigger, its style was copied from the British tabloids. In Denmark , tabloids in the British sense are known as 'formiddagsblade' (before-noon newspapers),

4087-445: The term compact was coined to avoid the connotation of the word tabloid , which implies a red top tabloid, and has lent its name to tabloid journalism , which is journalism after the fashion of red top reporters. Red top tabloids, named after their distinguishing red mastheads , employ a form of writing known as tabloid journalism ; this style emphasizes features such as sensational crime stories, astrology, gossip columns about

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4154-512: The two biggest being BT and Ekstra Bladet . The old more serious newspaper Berlingske Tidende shifted from broadsheet to tabloid format in 2006, while keeping the news profile intact. In Finland , the biggest newspaper and biggest daily subscription newspaper in the Nordic countries Helsingin Sanomat changed its size from broadsheet to tabloid on 8 January 2013. In France ,

4221-487: The user, since they rely on ad revenue. Alternative weekly tabloids may concentrate on local and neighbourhood-level issues, and on entertainment in bars, theatres, or other such venues. Alternative tabloids can be positioned as upmarket (quality) newspapers, to appeal to the better-educated, higher-income sector of the market; as middle-market (popular); or as downmarket (sensational) newspapers, which emphasize sensational crime stories and celebrity gossip. In each case,

4288-495: The week. In early 2009, debts from buying the newspapers forced Philadelphia Newspapers LLC into Chapter 11 bankruptcy protection . The bankruptcy was the beginning of a year-long dispute between Philadelphia Media Holdings and creditors. The group of creditors, which include banks and hedge funds, wanted to take control of Philadelphia Newspapers LLC themselves, and opposed efforts by Philadelphia Media Holdings to keep control. Philadelphia Media Holdings received support from most of

4355-404: Was also known for its friendly employees. In the center of the flagship store was a large bronze statue of a wild boar, a replica of Pietro Tacca's Il Porcellino . Local legend had it that good luck would follow those who rubbed the boar's nose. The boar consequently had a very shiny nose from all the rubbing. In July 2006, PREIT , owners of The Gallery at Market East , agreed to purchase

4422-492: 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

4489-512: Was surpassed in circulation, but not readership, by the free daily Metro . When the sale of Knight Ridder to The McClatchy Company was announced in March 2006, there were rumors that McClatchy would close the Daily News . However, in May, before the sale was finalized, it was announced that the Inquirer and Daily News would be re-sold to Philadelphia Media Holdings L.L.C., a local group led by advertising executive Brian Tierney and co-founder of

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