Description
The Daily News is an American newspaper based in Jersey City, New Jersey. It was founded in 1919 by Joseph Medill Patterson in New York City as the Illustrated Daily News.
It was the first U.S. daily printed in tabloid format, and reached its peak circulation in 1947, at 2.4 million copies a day. As of 2019, it was the eleventh-highest circulated newspaper in the United States. For much of the 20th century, the paper operated out of the historic art deco Daily News Building with its large globe in the lobby. Today's Daily News is not connected to the earlier New York Daily News, which shut down in 1906.
The Daily News is owned by parent company Daily News Enterprises. This company is owned by Alden Global Capital and was formed when Alden, which also owns news media publisher Digital First Media, purchased then-owner Tribune Publishing in May 2021 and then separated the Daily News from Tribune to form Daily News Enterprises upon the closing of the Tribune acquisition.
