Philadelphia Daily News

6 Stories

Owner Gives Away Both Big Philly Papers

'Daily News,' 'Inquirer' now owned by nonprofit

(Newser) - The owner of the Philadelphia Inquirer, the Philadelphia Daily News, and their website has announced he has donated the news organizations to a newly created nonprofit institute. Philanthropist HF "Gerry" Lenfest said in a statement early Tuesday that he has given $20 million to help endow the Institute for... More »

Philly Sportswriter Quits Amid Abuse Allegations

Daily News ' Bill Conlin accused of molesting 4 children in '70s

(Newser) - Three women and a man have come forward to say longtime Philadelphia Daily News sportswriter Bill Conlin molested them when they were children in the 1970s, the Philadelphia Inquirer reports. Their parents, who did not contact law enforcement at the time, have corroborated their accounts, but prosecutors say that there... More »

Sale of Philly's Inquirer Falls Apart

It and the city's Daily News are in limbo

(Newser) - The sale of the Philadelphia's two major newspapers has come to an abrupt halt. Creditors were expected to close today on a $139 million bankruptcy sale of the Inquirer and the Daily News, but the deal fell apart when the Teamsters balked at changing their pension plan, reports Bloomberg . The... More »

Philly Inquirer Owner Files for Bankruptcy Protection

Papers will print as normal as company restructures, it claims

(Newser) - The owner of the Philadelphia Inquirer and the Daily News has filed for Chapter 11 bankruptcy protection to restructure as ad revenues plunge, Reuters reports. Company spokesmen insist operations are "sound and profitable," and managers plan to continue publishing regularly. The announcement came a day after the 20-newspaper... More »

Blue-Collar Philly Paper Taps Obama

Daily News says his campaign proves his promises have merit

(Newser) - The Philadelphia Daily News endorsed Barack Obama today, calling the Democratic choice one “between the past and the future” and saying the campaign season has been a great indication of eventual governing style. Obama's performance proves his administration will be “well-managed, inclusive … freer of the corrupting influence... More »

All the Space That's Fit to Sell

Newspapers, fighting to stay alive, turn to their landmark buildings in efforts to raise cash

(Newser) - Newspapers, in an effort to bring in cash and stave off extinction, are selling iconic properties in downtown districts, the Journal reports. The latest example is the Philadelphia Inquirer, whose new owner hopes to net $70 million for its Beaux-Arts tower; the Boston Herald and Minneapolis Star Tribune are also... More »

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