Daily Current Affairs Analysis is one of the most important and critical things to do for your UPSC CSE preparation. But the dynamism of this subject makes it difficult for aspirants to keep pace with all developments and not miss anything significant. Hence, Unacademy offers current affairs handouts that provide a succinct overview of all the major events and happenings around you. Our current affairs videos save you time and energy that you might have to spend reading long articles or newspaper articles. Our handouts also help you enhance your understanding of the subjects by providing you with a deeper insight into the various topics and their context, which helps you score more marks in the exam.
Founded in 1919, the New York Daily News was the first successful tabloid and reached its peak circulation in 1947 at 2.4 million copies daily. The paper attracted readers with sensational coverage of crime, scandal, violence, and lurid photographs, as well as entertainment news and cartoons. It was also the first newspaper to develop an electronic publishing system, and its original 42nd Street headquarters — the News Building, designed by Raymond Hood and John Mead Howells in an Art Deco style and later used as the model for the Daily Planet building in the Superman movies — is now a city landmark.
In the 1990s, under editor-in-chief Pete Hamill and then Deborah Krenek, the Daily News developed a reputation for its defense of First Amendment rights, especially those of marginalized people, winning Pulitzer Prizes in 1996 for E.R. Shipp’s pieces on race and social issues, and in 1998 for Mike McAlary’s coverage of police brutality against Haitian immigrant Abner Louima. The paper developed an editorial stance known as “The Eyes, the Ears, the Honest Voice of New York” and was seen by some to be a Democratic mouthpiece.
But the newspaper’s darkest days were still to come. In 1991, Maxwell suffered a heart attack aboard his yacht and died, leaving the Daily News hundreds of millions in debt. The following year, the Daily News filed for bankruptcy. It was bought by Mort Zuckerman, the owner of The Atlantic and a former publisher of the Chicago Sun-Times, for a hefty sum but only after he had successfully negotiated contracts with the newspaper’s nine unions.
The News relaunched in 2005 under the slogan “The Eyes, the Ears, and the Honest Voice of New York,” while continuing to rely heavily on its investigative journalism and local reporting. It has also branched out into politics, supporting liberal candidates and ballot measures and skewering conservative ones. As the newspaper entered the 21st century, its readership declined significantly, with circulation halving between 2017 and 2018, when it was finally sold to Tronc for a mere $1. The company subsequently embarked on a staff cull, with editor-in-chief Jim Rich among those to fall by the wayside. The Daily News ceased print publication in 2019 but continues to exist online, and a daily news show on Zee News airs under the same name.