The Daily News

The New York Daily News, founded in 1919, is an American newspaper and was the first tabloid published in the United States. Throughout the Roaring Twenties, the Daily News quickly established itself as the largest newspaper in the country, reaching a million readers daily by 1926. The paper became known for its brassy, pictorial style, which penetrated a market that was previously dominated by more conservative and serious newspapers. The Daily News began a tradition of highlighting scandalous and titillating stories, as well as reader contests and cartoon strips.

The paper reached its peak circulation in 1947 at 2.4 million copies daily, making it the world’s most widely read newspaper. The Daily News was also a pioneer in the use of wirephotography, which was then considered an innovative technology. The News was a staunch supporter of the Second Amendment and championed civil rights, while maintaining a strong and often controversial editorial voice. Its investigative reporting won it several Pulitzer Prizes, including the prestigious Pulitzer for Distinguished Commentary in 1996 for E.R. Shipp’s pieces on race and welfare, and in 1998 for Mike McAlary’s coverage of police brutality against Abner Louima.

Despite its many accolades, the Daily News faced serious financial problems as its unionized workforce proved costly to operate. In 1978, the paper was the target of a major three-month strike that resulted in a loss of 145,000 subscribers. The Times reported that the strike was not solely due to wage disputes, but a combination of price increases and production difficulties. A year later, the News would suffer another serious setback when it lost an estimated $115 million due to rising operating costs. Unlike its rivals, the News had not taken advantage of cost-cutting opportunities to save money, and the high levels of labor-related expenses were eating into the newspaper’s bottom line.

In 1992, the News was on the verge of bankruptcy when it was saved by Mort Zuckerman, who had a vision to turn the Daily News into a “serious tabloid.” In a bid to compete with USA Today, he invested $60 million into upgrading the newspaper’s printing capabilities and hired staff who were experienced in producing a competitive product. The News was able to rediscover its earning potential and, by 1993, was once again profitable.

The Daily News covers all the latest current affairs that are important from UPSC perspective. The page provides detailed analysis and insights into various aspects of current affairs that are trending. The page also contains a daily current affairs quiz, which helps aspirants to assess their understanding of various events that have been taking place. The questions are based on various sources and are updated regularly. Hence, this page serves as an essential resource for the aspirants preparing for the UPSC exam. In addition to this, the Daily News also features updates on art and culture in India. The page is an effective source to stay ahead of the competition. Moreover, the page is available for free of charge and can be accessed from any device.