New Tabloid to Hit New York City

Posted Monday, September 15, 2003 12:00 am

By: Lucia Moses Updated at 11:10 a.m. Eastern Standard Time, Sept. 16 A new free daily tabloid targeting young commuters in New York City is expected to launch in the fourth quarter of this year, according to a source.

On Tuesday morning, Tribune Co. of Chicago announced that it will invest in the paper, to be called amNewYork. The Monday-Friday publication will launch in the fourth quarter, according to Tribune.

Tribune Publishing President Jack Fuller called the new venture "an exciting addition to our New York portfolio."

Former Boston Metro honcho Russel Pergament set up a holding company, North American Newspaper Holdings LLC, and has been seeking investors for his new venture. In the Tribune statement, Pergament said, "Tribune is a great partner with well-established media properties in the New York metropolitan area. With our commitment to urban commuters, we plan to provide news and infromation relevant to young readers' everyday lives and create a targeted advertising alternative for marketers."

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New Tabloid to Hit New York City

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