For its part, the Daily Beast stood to gain from a global print platform on top of cost-saving opportunities.

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We may have had only one owner for several generations, but the Journal has undergone enormous change: from a one-section newspaper narrowly focused on markets for subscribers in New York to today's global business franchise across print, online and other digital media platforms.

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The global FPA Media Awards recognize excellence in print, web, radio and television journalism.

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