Hearst vs Pulitzer - The Price of News | 3

Business Wars

Audible

History, David Brown, Business, Management

4.6 • 13.5K Ratings

🗓️ 14 June 2018

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In 1883, 15 years before the Headless Torso Murder, New York City's population was rapidly growing and the newspaper scene was pretty sleepy. The city's nearly 50 daily papers, even the small New York Times, was a pretty sedate bunch, informing citizens about zoning board decisions and weather trends. They rarely draw any blood, stir up society, get the city talking.

But that’s changing, thanks to Joseph Pulitzer.

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Transcript

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0:00.0	Hey, prime members, you can listen to business wars, add free on Amazon music.
0:04.8	Download the app today.
0:06.8	The year is 1883 in New York City, 15 years before the headless torso murder, Joseph Fulitzer
0:14.5	and the owners of the New York world, including Jay Gould, sit in a conference room in the
0:19.1	paper's offices on Park Row.
0:22.0	Several men nervously chatting puff on cigars before the meeting is called to order.
0:27.2	Uh, was he like coffee?
0:28.8	Oh, no, thank you.
0:30.2	Plenty of wake and have enough holes in my stomach as it is.
0:34.2	The world began publishing on the eve of the Civil War, but lately it's hit hard financial
0:39.6	times.
0:40.6	Its circulation has dwindled to an anemic 11,000 copies a day.
0:46.3	Pulitzer has already revitalized a paper in St. Louis, the Post-Aspage, and he smells an
0:51.4	opportunity.
0:52.9	He's come to the big city to meet with the paper's owners and make them an offer.
0:56.8	Gould is the controlling owner of the world.
0:59.5	Gentlemen, you have all worked very hard to keep the world turning on its axis, but I
1:05.9	believe you need some relief.
1:07.7	Let's cut to the chase.
1:09.2	We're here to make a deal, right?
1:10.9	Gould isn't just the owner of the paper.
1:13.7	He's a notorious robber bear and who made his fortune as a railroad speculator.
	...

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