Boston Globe Newspaper

The Boston Globe was founded in 1872 by six businessman. It was led by Eben Jordan, who jointly invested $150,000.

The first issue was published March 4, 1872 and cost four cents. The paper’s first year was disappointing, then in 1873 the investors were able to hire Colonel Charles H, Taylor, Civil War veteran to run the paper.

In 1877 the paper was purchased by Taylor. Under his leadership, it began publishing morning and evening editions, increased local and regional coverage, and introduced big headlines, especially on sensational story.

The Boston Globe has become one of the best respected daily newspaper in the United States.

In the 20th century, the paper began providing more national and international news while maintaining a generally liberal editorial stance.

The paper faced continuous financial difficulties and later sold to Rupert Murdoch’s News Corp in 1981.

The Globe merged with the New York Times Company in October 1, 1993, which caused the largest newspaper merger and acquisition in American history.
Boston Globe Newspaper 

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