Competition
Fierce competition continued between the Wisconsin State Journal and The Capital Times until the late 1940s when the newspapers could not afford to replace their aging equipment. After years of attempting to scoop each other and competing for advertising and circulation, the newspapers entered into consolidation talks in the hope of maintaining both newspapers.
After tense negotiations, Lee Enterprises, owner of the Wisconsin State Journal, and Evjue's The Capital Times Company formed Madison Newspapers, Inc. (now Capital Newspapers) on November 15, 1948 to operate both newspapers under joint agency.
On February 1, 1949, the Wisconsin State Journal moved from afternoons to mornings and became the sole newspaper published on Sunday in the partnership. The Capital Times continued to publish on weekday afternoons and Saturday mornings.
Read more about this topic: The Capital Times, History
Famous quotes containing the word competition:
“Knowledge in the form of an informational commodity indispensable to productive power is already, and will continue to be, a major—perhaps the major—stake in the worldwide competition for power. It is conceivable that the nation-states will one day fight for control of information, just as they battled in the past for control over territory, and afterwards for control over access to and exploitation of raw materials and cheap labor.”
—Jean François Lyotard (b. 1924)
“Playing games with agreed upon rules helps children learn to live by rules, establish the delicate balance between competition and cooperation, between fair play and justice and exploitation and abuse of these for personal gain. It helps them learn to manage the warmth of winning and the hurt of losing; it helps them to believe that there will be another chance to win the next time.”
—James P. Comer (20th century)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)