Daily News for UPSC CSE Exam Preparation
Daily current affairs are extremely important for a UPSC CSE aspirant to have. Having a thorough understanding of the national and international news is vital to succeed in the exam, and it helps aspirants build their perspectives on various issues. Many online platforms, such as 99Notes, offer well-curated and comprehensive daily news analysis that can help students save time and effort. However, students may be overwhelmed by the number of resources available, which makes it difficult to decide where to start their preparations.
Founded in 1919 by Joseph Medill Patterson, the New York Daily News was the first daily tabloid newspaper published in the United States. It attracted readers with sensational coverage of crime and scandal, lurid photographs, and cartoons and entertainment features. During its peak in the mid-1950s, it had daily circulation of over two million. The newspaper was owned by the Tribune Company, which also published the Chicago Tribune.
In the 1990s, the Daily News fought off competition from other local dailies and from a revitalized Washington Post. Circulation steadily declined. In 1993 the paper was sold to businessman Mortimer Zuckerman. Using reduced labor costs, lower rent, and increased advertising revenues, the newspaper returned to profitability in its first year under Zuckerman’s ownership. The paper’s ten unions were not pleased with the turnaround and began to strike. The Daily News continued to publish during the strike by hiring replacement workers and using non-union staff.
The newspaper moved from its traditional location on 42nd Street and Second Avenue to a single floor of an office building on 33rd Street and Tenth Avenue in 1995. The building was designed by architects John Mead Howells and Raymond Hood and is known as the News Building or 5 Manhattan West. It was the model for the Daily Planet building in the Superman movies.
During the 2017–18 period, the News struggled with declining print and digital subscriptions and was under financial stress. Its stock lost more than 50% of its value over the course of a few months in 2017, and in 2018 it announced plans to cut jobs, sell assets, and shrink its editorial department. The News is now owned by Tronc, which merged with the Tribune Company in December 2017.
On Monday, the Daily News dismissed its top editor, Dean Baquet. He was replaced by Andrew Julien, who had overseen the editorial department on an interim basis since September. The move came amid a series of layoffs and buyout offers by Tribune Publishing, which has been bought by the cost-slashing hedge fund Alden Global Capital. The Daily News is among several newspapers sold to the private equity firm that are undergoing rapid change.