Magazine article Editor & Publisher

Another Prospective New York Daily News Buyer Surfaces

Magazine article Editor & Publisher

Another Prospective New York Daily News Buyer Surfaces

Article excerpt

Another prospective New York Daily News buyer surfaces

"Thanks a Million" columnist Percy Ross has assembled a group of people interested in purchasing the New York Daily News.

The Minneapolis-based Ross said that the group includes himself and six others from around the country who wish to remain anonymous at this point.

Ross is a multimillionaire who gives away money to needy readers via his syndicated feature. It appears in more than 300 papers, with the Daily News a charter client.

The columnist said that Daily News readers send him more letters - about 10% of the 7,000-8,000 he receives each week - than readers of any other "Thanks a Million" client.

"I feel a kinship to the paper and the people who subscribe to it," Ross told E&P. "The Daily News is the soul of the New York City community. It's a paper of the people."

The columnist added that he believes in the importance of competitive newspaper markets. …

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