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Hussman Reflects After 48 Years
Hussman Reflects After 48 Years
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Hussman Reflects After 48 Years
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Hussman Reflects After 48 Years
Hussman Reflects After 48 Years
Journal Article

Hussman Reflects After 48 Years

2022
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Overview
[...]Hussman merrily reviewed a long career of defying the odds, from buying an also-ran afternoon paper in Little Rock for $3.7 million in 1974 to eventually winning a brutal 12-year newspaper war over the revered and Pulitzer-honored Arkansas Gazette. After winning the Arkansas market, which once boasted a combined 300,000 subscribers, Hussman prospered for the next two decades before free news on the internet undermined the daily newspaper business model. Sensing business community support for the new ownership, he quickly built circulation and advertising sales, but the bottom line kept getting worse. [...]from 1975 to 1977, a series of National Labor Relations Board elections decertified all of the paper's labor unions.