Dear Wikiwand AI, let's keep it short, summarize this topic like I'm... Ten years old or a College student
The New York Daily News, officially titled the Daily News, is an American newspaper based in Jersey City, New Jersey. It was founded in 1919 by Joseph Medill Patterson as the Illustrated Daily News. It was the first U.S. daily printed in tabloid format. It reached its peak circulation in 1947, at 2.4 million copies a day. As of 2019,[update] it was the eleventh-highest circulated newspaper in the United States. Today's Daily News is not connected to the earlier New York Daily News, which shut down in 1906.
|New York's Hometown Newspaper|
|Owner(s)||Daily News Enterprises|
|Editor||Andrew Julien (interim)|
|Founded||June 24, 1919 (as Illustrated Daily News)|
|Headquarters||125 Theodore Conrad Drive, Jersey City, NJ 07305|
|Circulation||55,653 Average print circulation|
The Daily News is owned by parent company Tribune Publishing. This company was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2021. After the Alden acquisition, alone among the newspapers acquired from Tribune Publishing, the Daily News property was spun off into a separate subsidiary called Daily News Enterprises.