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Edited on Thu Aug-04-05 01:21 AM by Montauk6
RUPERT MURDOCH TO BE POST PUBLISHER
News Corp. Chairman and CEO Rupert Murdoch will become the new publisher of the New York Post.
"Lachlan Murdoch has established a first-class competitive team at our newspaper," Murdoch said yesterday.
"I will give them full support and I am extremely confident as to the strong future of the New York Post. We are building a great asset."
Lachlan Murdoch announced his departure from News Corp. and The Post last week.
Rupert Murdoch was The Post's publisher from 1976, when News Corp. bought the paper from Dorothy Schiff, until 1986, when the title went to Patrick Purcell, now pub- lisher of the Boston Herald.
Two years later, federal regulations forced News Corp. to sell The Post.
Its new owner, Peter Kalikow, kept the paper until he was forced to sell in 1993.
News Corp. reacquired the paper later that year.
The Post's circulation has shown extraordinary growth in the past five years, rising 57 percent from the six-month period ending in March 2000 to the six-month period ending in March 2005.
The paper currently sells 678,105 copies daily, Monday through Friday, according to the March publisher's statement from the Audit Bureau of Circulations.
During the five-year period, the paper experienced five consecutive six-month periods of double-digit circulation growth.
The newspaper is America's oldest continuously published daily and the seventh-largest newspaper in the nation. It was founded in November 1801 by Alexander Hamilton, one of the nation's founding fathers, and a group of prominent city merchants.
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