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- BUSINESS, Page 75Business NotesPUBLISHINGEurope on 82 cents a Week
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- What's black and white and yellow and blue and read all over
- Europe? British press baron Robert Maxwell hopes the answer to
- that riddle will soon be the European. Two years after
- announcing his intention to launch a Continent-wide newspaper,
- Maxwell will be bringing out the first issue on May 11. It will
- sell for the equivalent of 82 cents U.S. a copy in European
- capitals.
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- Like the International Herald Tribune, that fixture of
- Continental newsstands, the European will be in English. Unlike
- its upscale competitor, Maxwell's paper will aim for the mass
- market, complete with eye-catching four-color photos.
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- Maxwell had originally planned a daily with 650,000
- circulation. Instead, the European will be a weekly, and
- advertisers have been promised a circulation of 225,000. If the
- paper catches on, a daily European may be in the offing, as
- well as editions in other languages.
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