The ''New York Herald Tribune'' was a newspaper published between 1924 and 1966. It was created in 1924 when the ''New York Tribune'' acquired the ''New York Herald''. It was widely regarded as a "writer's newspaper" and competed with ''The New York Times'' in the daily morning market. The paper won at least nine Pulitzer Prizes during its lifetime.}}
The paper, first owned by the Reid family, struggled financially for most of its life and rarely generated enough profit for growth or capital improvements; the Reids subsidized the ''Herald Tribune'' through the paper's early years. However, it enjoyed prosperity during World War II and by the end of the conflict had pulled close to the ''Times'' in ad revenue. A series of disastrous business decisions, combined with aggressive competition from the ''Times'' and poor leadership from the Reid family, left the ''Herald Tribune'' far behind its rival.
In 1958, the Reids sold the ''Herald Tribune'' to John Hay Whitney, a multimillionaire Wall Street investor who was serving as ambassador to the United Kingdom at the time. Under his leadership, the ''Tribune'' experimented with new layouts and new approaches to reporting the news, and made important contributions to the body of New Journalism that developed in the 1960s. The paper steadily revived under Whitney, but a 114-day newspaper strike stopped the ''Herald Tribune''s gains and ushered in four years of strife with labor unions, particularly the local chapter of the International Typographical Union. Faced with mounting losses, Whitney attempted to merge the ''Herald Tribune'' with the ''Provided by Wikipedia
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