TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Press: Cash Deal

Sun-Times goes to Murdoch

His holdings include such staid institutions as the Australian of Sydney and the Times of London. But the eight big-city tabloids of Press Baron Rupert Murdoch, 52, which cover their turf from Boston to Fleet Street, rarely stray from lurid roots: NUDE PRINCIPAL DEAD IN MOTEL (San Antonio Express); HEADLESS BODY IN TOPLESS BAR (New York Post). Last week Murdoch took his headline high jinks to the U.S. heartland. He bought the troubled Chicago Sun-Times, the nation's eighth largest urban daily, for $90 million in cash.

Taken as a whole, Murdoch's American properties, from the checkout-counter tabloid Star to...

Time.com on Digg

POWERED BY digg

Quotes of the Day »

ADELE, multi Grammy-award winning singer, in an interview given to Vogue before last Sunday's ceremony, on her plans to take a lengthy break. Her last album 21 was inspired by a failed relationship but the Londoner is now "madly in love"
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.