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Virgin's Free Daily

Richard Branson's ever-expanding Virgin Group is considering a foray into the newspaper business with a free daily publication in New York City, according to an individual familiar with the company's plans. Free newspapers have flourished, though not always profited, in major metropolitan areas over the past decade. New York is already home to two such papers, am New York and Metro, though both feature general interest news.

Read the whole story at Forbes.com, July 27, 2005 »

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