The Daytona Beach News-Journal
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The Daytona Beach News-Journal | |
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The July 27, 2005 front page of The Daytona Beach News-Journal |
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Type | Daily newspaper |
Format | Broadsheet |
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Owner | News-Journal Corp. |
Publisher | Georgia M. Kaney |
Editor | Don Lindley |
Founded | 1883 |
Headquarters | 901 Sixth Street Daytona Beach, Florida 32117 United States |
Circulation | 104,919 Daily 121,970 Sunday[1] |
ISSN | 1525-2493 |
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Website: news-journalonline.com |
The Daytona Beach News-Journal is a Florida daily newspaper serving Volusia and Flagler counties.
It grew from the Halifax Journal which was started in 1883. The Davidson family purchased the newspaper in 1928 and retain control to the present. In 1986, The Morning Journal and Evening News merged into one morning newspaper. The newspaper began its on-line services in 1994. In circulation, the newspaper is currently among the Top 100 Newspapers in the United States.
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[edit] Controversies
[edit] The News-Journal Center
In January 2003, the News-Journal offered to pay $13 million for naming rights of a new performing arts center in Daytona Beach. Cox Enterprises, owners of the Atlanta-Journal Constitution and other publications, filed a lawsuit against the News-Journal in U.S. Federal Court, alleging they "acted irresponsibly in spending corporate funds." [2]
The Davidson family owned 52.5% and Cox Enterprises owned 47.5% of the News-Journal at the time. Cox alleged that Davidson family spent the newspaper's money without consulting with them.
The lawsuit has gone through several stages, and the ultimate outcome still has not finalized. The News-Journal Corp. decided to buy out the shares of its minority partner and, in 2006, the federal court set a valuation of $129.2 million on Cox's shares of the local newspaper. The amount is currently under appeal. [3]
[edit] References
- ^ 2007 Top 100 Daily Newspapers in the U.S. by Circulation (PDF). BurrellesLuce (2007-03-31). Retrieved on 2007-06-01.
- ^ http://www.news-journalonline.com/special/lawsuit/