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Detroit Media Partnership
Detroit Media Partnership, L.P. manages the business operations - including production, advertising and circulation - for the two leading Detroit newspapers: ''The Detroit News'' and ''Detroit Free Press''. Detroit Media Partnership also handles Detroit-area circulation for ''The New York Times'', ''USA Today'', ''Investor's Business Daily'', and ''Financial Times''. Its headquarters are in Downtown Detroit. History Detroit Media Partnership is the result of a 100-year joint operating agreement between the ''Detroit Free Press'' and ''The Detroit News''. In 1987, the newspapers entered into the agreement, combining business operations while maintaining separate editorial staffs. The two papers also began to publish joint Saturday and Sunday editions, though the editorial content of each remained separate. At the time, the ''Detroit Free Press'' was the 10th highest circulation paper in the United States, and the combined ''Detroit News'' and '' Free Press'' was the country's fou ...
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Limited Partnership
A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner. Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability. The GPs are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership. As in a general partnership, the GPs have actual authority, as agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary c ...
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Joint Operating Agreement
The Newspaper Preservation Act of 1970 was an Act of the United States Congress, signed by President Richard Nixon, authorizing the formation of joint operating agreements among competing newspaper operations within the same media market area. It exempted newspapers from certain provisions of antitrust laws. Its drafters argued that this would allow the survival of multiple daily newspapers in a given urban market where circulation was declining. This exemption stemmed from the observation that the alternative is usually for at least one of the newspapers, generally the one published in the evening, to cease operations altogether. In practice two daily newspapers published in the same city or geographic area combine business operations while maintaining separate—and competitive—news operations. History The first joint operating agreement was between ''Albuquerque Tribune'' (then the ''New Mexico State Tribune'') and the '' Albuquerque Journal'' in Albuquerque, New Mexico, sign ...
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Publishing Companies Established In 1987
Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, newspapers, and magazines. With the advent of digital information systems, the scope has expanded to include electronic publishing such as ebooks, academic journals, micropublishing, websites, blogs, video game publishing, and the like. Publishing may produce private, club, commons or public goods and may be conducted as a commercial, public, social or community activity. The commercial publishing industry ranges from large multinational conglomerates such as Bertelsmann, RELX, Pearson and Thomson Reuters to thousands of small independents. It has various divisions such as trade/retail publishing of fiction and non-fiction, educational publishing (k-12) and academic and scientific publishing. Publishing is also undertaken by governments, civi ...
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Gannett
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.Tysons Corner CDP, Virginia
." ''''. Retrieved May 7, 2009.
It is the largest U.S. publisher as measured by total daily circulation. Massive layoffs and cessation of newspapers occurrred in November and December, 2022. It owns the

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Newspaper Companies Of The United States
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th century, as ...
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Companies Based In Detroit
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Federal Reserve Bank Of Chicago
The Federal Reserve Bank of Chicago (informally the Chicago Fed) is one of twelve regional Reserve Banks that, along with the Federal Reserve Board of Governors, make up the United States' central bank. The Chicago Reserve Bank serves the Seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District. Responsibilities As one of the Reserve Banks that make up the Federal Reserve System, the Chicago Fed is responsible for: * Helping to formulate national monetary policy. The Chicago Fed's CEO, Charles L. Evans, helps formulate monetary policy by taking part and voting in meetings of the Federal Open Market ...
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Federal Reserve Bank Of Chicago Detroit Branch Building
The Federal Reserve Bank of Chicago Detroit Branch Building is a bank building located at 160 West Fort Street in downtown Detroit, Michigan. It was listed on the National Register of Historic Places in 2008. History In 1913 the United States Congress created the Federal Reserve System, which established twelve regional Federal Reserve Banks, including the Federal Reserve Bank of Chicago. Detroit was included in the Chicago region. Regional banks had the authority to create branch offices, and in 1917 the Federal Reserve Bank of Chicago authorized the establishment of a Detroit Branch. In March 1918, the Detroit Branch opened, operating out of three local institutions. However, Detroit operations soon outgrew this operation, and in 1921 a site was chosen for a new building. This site was within the Detroit Financial District, at a location that had once been part of Fort Shelby. After the fort was demolished, the land associated with it was divided into lots. Hiram Walker purch ...
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Knight Ridder
Knight Ridder was an American media company, specializing in newspaper and Internet publishing. Until it was bought by McClatchy on June 27, 2006, it was the second largest newspaper publisher in the United States, with 32 daily newspaper brands sold. Its headquarters were located in San Jose, California. History Origins The corporate ancestors of Knight Ridder were Knight Newspapers, Inc. and Ridder Publications, Inc. The first company was founded by John S. Knight upon inheriting control of the '' Akron Beacon Journal'' from his father, Charles Landon Knight, in 1933; the second company was founded by Herman Ridder when he acquired the , a German language newspaper, in 1892. As anti-German sentiment increased in the interwar period, Ridder successfully transitioned into English language publishing by acquiring ''The Journal of Commerce'' in 1926. Both companies went public in 1969 and merged on July 11, 1974. For a brief time, the combined company was the largest newspaper p ...
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MediaNews Group
MNG Enterprises, Inc., doing business as Digital First Media and MediaNews Group, is a Denver, Colorado-based newspaper publisher owned by Alden Global Capital. The company has been growing its portfolio and as of May 2021, owns over 100 newspapers and 200 assorted other publications. With its acquisition of ''Tribune Publishing'' in late May 2021, Digital First Media became the second-largest owner of newspapers in the United States, as calculated by total number of subscribers. It is second to Gannett. History MediaNews Group was founded by Richard Scudder and William Dean Singleton. Both had experience in the American newspaper industry. Scudder ran the Newark (New Jersey) News, a newspaper founded by his grandfather. Singleton had begun his career as a reporter when he was 15, for a small-town Texas newspaper and subsequently became the president of Albritton Communications, a newspaper conglomerate in Texas. Based in Denver, Colorado, Scudder and Singleton purchased t ...
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Gannett Company
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.Tysons Corner CDP, Virginia
." '' United States Census Bureau''. Retrieved May 7, 2009.
It is the largest U.S. newspaper publisher as measured by total daily circulation. Massive layoffs and cessation of newspapers occurrred in November and December, 2022. It owns the

Free Press (publisher)
Free Press was an American independent book publisher that later became an imprint of Simon & Schuster. It was one of the best-known publishers specializing in serious nonfiction, including path-breaking sociology books of the 1950s, 1960s and 1970s. After a period under new ownership in the 1980s of publishing neoconservative books, it was purchased by Simon & Schuster in 1994. By 2012, the imprint ceased to exist as a distinct entity; however, some books were still being published using the Free Press imprint. History Free Press was founded by Jeremiah Kaplan (1926–1993) and Charles Liebman in 1947 and concentrated on religion and social science. They chose the name Free Press because they wanted to print books devoted to civil liberties. It was launched with three classic titles: ''Division of Labor'' by Emile Durkheim, ''The Theory of Economic and Social Organization'' by Max Weber and ''The Scientific Outlook'' by Bertrand Russell. It was headquartered in Glencoe, Illino ...
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