The New York Daily News is a tabloid morning newspaper that was founded in 1919 and once had the largest circulation of any paper in the United States, reaching its peak in 1947 at 2.4 million copies per day. Founded as the Illustrated Daily News by Joseph Medill Patterson, the Daily News was a predecessor to USA Today and the inspiration for the Daily Planet in the Superman film franchise. It was also the first newspaper to use a pictorial style, which influenced other newspapers and tabloids throughout the world.
During its heyday, the Daily News was known for sensational coverage of crime and scandal, lurid photographs, and entertainment and humor features. It was also an early user of the Associated Press wirephoto service, and its photographs of Ruth Snyder being electrocuted in her electric chair were among the most famous images to come out of the newspaper’s long history.
In the 1970s, the Daily News began to lose money. A series of misjudgements led to costly mistakes, including hiring non-union staffers and underestimating the cost of printing in color. By the late 1980s, the paper was on the verge of collapse and had a negative stock market valuation. The Tribune Company purchased the Daily News for $1 in 1988 and put a series of changes into effect to reverse its fortunes.
One of the most notable was a front-page headline in 1975 that read, “FORD TO CITY: DROP DEAD.” The screamer followed President Gerald Ford’s speech vetoing a bankruptcy bailout for New York City. The Daily News had been a staunchly Republican publication, but shifted to a “flexibly centrist” stance in the early 1970s.
Today, the Daily News is owned by Tronc, a media company. It is the only major newspaper in the United States to print in both English and Spanish. Its main competitor, The New York Post, is owned by Rupert Murdoch’s News Corp. and is a rival in both circulation and editorial policy.
The Analyst – Daily News Analysis Video is an essential video for IAS aspirants to understand and analyse the current affairs. The video provides a clear understanding of the news and helps save time and effort in making notes for exam preparation. Additionally, the handouts provided by The Analyst are easy to refer for notes, saving time for aspirants in referring other books and newspapers. The handouts cover a wide range of topics including politics, economy, international relations, and sports among others. They also contain comprehension and critical thinking questions that help aspirants to understand the current events in a comprehensive manner. The questions are designed by subject experts to ensure that aspirants have a complete understanding of the events and developments in the news. The handouts are arranged in a visually appealing way, facilitating easy comprehension and retention of the topics. The handouts are also helpful in answering the frequently asked questions in IAS exams.