![]() First day's edition of the Illustrated Daily News, September 3, 1923, reporting on the Great Kantō earthquake in Japan | |
Type | Daily newspaper |
---|---|
Publisher | Cornelius Vanderbilt IV, Manchester Boddy, Illustrated Daily News Pub. Co. |
Founded | 1923 |
Political alignment | Democratic |
Language | American English |
Ceased publication | 1954 |
Headquarters | 1257 S. Los Angeles St. Los Angeles, California |
OCLC number | 26716041 |
The Daily News (originally the Illustrated Daily News) was a newspaper published in Los Angeles from 1923 to 1954. It was founded in 1923 by Cornelius Vanderbilt IV and bought by Manchester Boddy who operated it through most of its existence.
The Daily News was founded in 1923 by Vanderbilt as the first of several newspapers he wanted to manage. After quickly going into receivership, it was sold to Boddy, a businessman with no newspaper experience. Boddy was able to make the newspaper succeed, and it remained profitable through the 1930s and 1940s, taking a Democratic perspective at a time when most Los Angeles newspapers supported the Republican Party.
The newspaper began a steep decline in the late 1940s, continuing into the early 1950s. In 1950, Boddy ran in both the Democratic and Republican primaries for the United States Senate. He finished a distant second in each, and lost interest in the newspaper. He sold his stake in the paper in 1952 and, after changes in ownership, ceased publication in December 1954; the business was sold to the Chandler family, who merged it with their publication, the Los Angeles Mirror, firing all Daily News employees without severance pay.
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