Circulation at the tabloid New York Post has plummeted nearly 30 percent over the past two-and-a-half years to 508,000, lagging behind the 544,000 copies sold by its tabloid competitor New York Daily News.
Media pundits ascribe some of the loss in Post readers to gossip Web sites such as TMZ and Gawker, which have put a dent in the Post's Page Six gossip factory. The Post, which was founded in 1801 and has published longer than any other U.S. daily, is part of Rupert Murdoch's News Corp. empire. Murdoch bought the Post in 1976, unloaded it in 1988, and repurchased it in 1993.
If Post founder and Founding Father Alexander Hamilton had known the fate that awaited his newspaper, he might have spared Aaron Burr the trouble and shot himself.
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