Fact: General Motors has been nationalized by the federal government
How much salary will GM CEO Fritz Henderson get paid by taxpayers?

New Detroit daily newspaper to start within next two months

Can a new daily newspaper in the Detroit-area be successful?

It seems like we will have a chance to find out with the start of the new Detroit Daily Press which, according to Crain's Detroit Business will start publishing in the next 60 days.

Two brothers, Mark Stern and Gary Stern, who have had newspapers in other states are the publishers and the investors in the project where the new daily paper will sell for 50 cents during the week and a $1 on Sunday.

Will it attract the necessary advertising and readers? Is there a market for a new "dead tree" newspaper in the Detroit-area?

This is all being started without govenrment aid, I believe.