ABC Evening News for Wednesday, May 12, 1976
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(Studio) "Washington Star" losing money but will continue to publish.
REPORTER: Harry Reasoner
(DC) "Star" is 124 years old and has won 8 Pulitzer prizes. It has lost $30 million over last 10 years Reasons noted. Agreements made with labor unions to keep paper going. Details of agreement noted. [Publisher Joe ALLBRITTON - comments on efforts made to save newspaper.] Allbritton to match $6 million saved by agreement with $6 million more. [Staff photographer Geoffrey GILBERT - says he wants newspaper saved (he loses his job).] Agreement could help other struggling newspapers if it works.
REPORTER: Bill Matney
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