Sam Newhouse

Samuel Irving Newhouse Sr. was an American newspaper and magazine publisher who founded Advance Publications in 1922 after acquiring the Staten Island Advance. He built one of the largest private communications empires in the United States by purchasing struggling newspapers at bargain prices, applying strict financial discipline to return them to profitability, and using the profits to acquire additional properties. By the time of his death in 1979, his holdings included 31 newspapers, television and radio stations, and Condé Nast Publications. His sons Samuel Irving Newhouse Jr. and Donald Newhouse succeeded him as leaders of Advance Publications.