NEW YORK BECOMES A THREE-PAPER TOWN

     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).