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NEW YORK BECOMES A THREE-PAPER TOWN
Published July 17, 1995
The final issue of New York Newsday was published yesterday after parent company Times Mirror decided to close the "money- losing" paper. Newsday will go back to publishing a Queens edition, as it did before the New York edition was launched in '85. Newsday officials expect to keep some editorial staff in Manhattan, with sports one of the topics covered by that office (N.Y. NEWSDAY, 7/15). Also "under scrutiny" in Times Mirror's cost-cutting mode are such cable outlets as The Golf Channel (Mark Landler, N.Y. TIMES, 7/17). In addition, Times Mirror CEO Mark Willes is expected to "put pressure" on the company's "barely profitable magazine group" -- with titles such as Field & Stream, Golf Magazine, Ski Magazine, Skiing, and Transworld Snowboarding (WALL STREET JOURNAL, 7/17).