Monday, November 16, 2009

With New Presses, Daily News Is Betting on World of Print

WITH advertising and circulation falling, and with publishers pessimistic about their prospects of bouncing back, newspapers are slashing expenses these days, not finding new ways to spend enormous sums of money. Industry executives and analysts regularly field questions about how much longer ink-and-paper media will be with us.

The paper's new presses are more efficient and computerized than the ones from the mid-1990s they replaced. They require less labor, electricity and water while generating less waste paper.

But Mortimer B. Zuckerman, owner of The Daily News, insists he has no use for such conventional wisdom, and the proof sits in an isolated patch of Jersey City waterfront with a splendid view of Lower Manhattan and the back of the Statue of Liberty.

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