March 26, 1991 |
British publisher Robert Maxwell intends to retire soon as chairman of Maxwell Communication Corp. to spend more time with his latest acquisition, the New York Daily News, a company spokesman confirmed Monday. The company made no formal announcement, but the spokesman said a report of Maxwell's intentions in Monday's editions of the Financial Times was "substantially accurate." Maxwell Communication's holdings including Pergamon Books and the U.S.
March 15, 1991 |
British press baron Robert Maxwell on Thursday signed a final agreement to buy the battered but still brazen New York Daily News from Tribune Co., the Chicago-based media group that had threatened to shut the paper down today unless it were sold.
March 13, 1991 |
The settlement of the New York Daily News strike, with British publisher Robert Maxwell's agreement to buy the storied newspaper, leaves unanswered the emotional public policy question that triggered the strike in the first place: What should be done about the practice of hiring permanent replacement workers during strikes? The strike--one of the ugliest, hardest-fought American labor battles in years--illustrated that U.S. labor laws leave collective bargaining a naked, bare-knuckles game.
March 13, 1991 |
After a frenzied six days of round-the-clock negotiations, British press baron Robert Maxwell jubilantly announced Tuesday that he had reached agreements with all nine striking unions at the New York Daily News, clearing the way for him to buy the financially ailing tabloid three days before it was to be shut down.
March 12, 1991 |
Talks to save the legendary New York Daily News continued through this morning, with British press baron Robert Maxwell saying he reached agreement with four of the paper's nine unions. But the three largest and most contentious unions had not yet agreed to Maxwell's plan to cut more than a third of the work force--cuts he said were necessary before he would consent to buy the 71-year-old tabloid. Union representatives predicted at about 1:30 a.m.
March 9, 1991 |
As the deadline for closing the Daily News narrowed to one week, British publisher Robert Maxwell on Friday spelled out for striking union leaders where jobs could be cut if he buys the struggling tabloid. The 67-year-old media baron told the unions on the first day of talks Thursday that 800 to 900 jobs would be cut from about 2,300 covered by union contracts. On Friday, each of the nine unions heard the specific cuts that he wanted.
March 6, 1991 |
In what is likely the last chance to save the strike-bound and financially hemorrhaging New York Daily News, British publisher Robert Maxwell signed a letter of intent Tuesday to buy the newspaper and announced that he would meet with union leaders later this week to see if he can win enough concessions from labor to make the sale final.
February 19, 1991 |
The Daily News made a new offer to its pressmen, seeking to break the impasse in a four-month-old strike by nine unions. Publisher James Hoge said the proposal differed significantly from previous ones, but gave no details. The size of the press staff has been a major sticking point as the News sought to cut its payroll. The proposal was presented at a meeting of Hoge; Jack Kennedy, president of the Printing Pressmen's Union, and mediator W. J. Usery, a former U.S. secretary of labor.