Down to the Wire: UPI's Fight for Survival

Gordon, Gregory, and Cohen, Ronald E.

ISBN 10: 0070238049 / ISBN 13: 9780070238046

Published by McGraw-Hill Publishing Co, New York, 1990

About this Item

429, illus., index, slight wear to DJ edges. Bookseller Inventory # 27174

Bibliographic Details

Title: Down to the Wire: UPI's Fight for Survival

Publisher: McGraw-Hill Publishing Co, New York

Publication Date: 1990

Book Condition: very good, good

Edition: First Edition.

About this title

Synopsis:

Down to the Wire: UPI's Fight for Survival

From Publishers Weekly:

United Press International, usually considered America's second-tier wire service, was established in 1907 and had its greatest success in the '40s and '50s. But in the 1970s, this momentum was lost--and here former UPI staffers Gordon and Cohen open their thoughtful, instructive analysis of the company's decline. Sold by the founding Scripps family in 1982, UPI fell into the hands of Doug Ruhe and Bill Geisler, young entrepreneurs short on journalistic experience. These two, in the authors' view, hurt UPI by hiring expensive consultants and skimming off the scant profits. Forced out by dynamic president Luis Nogales, they sold to Mexican tycoon Mario Vazquez-Rana, who in turn tried to impose his autocratic style on employees. But Vazquez-Rana, too, ran into trouble, and the company was again sold; by the late 1980s UPI appears shakily viable. Photos not seen by PW.
Copyright 1989 Reed Business Information, Inc.