Electronic News
Electronic News is an online publication that currently covers just the semiconductor production equipment industry. It was originally a weekly trade newspaper, which covered all aspects of the electronics industry including semiconductors, computers, software, communications, space and even television electronics.
Fairchild Publications started the newspaper in 1957, as a complement to its other trade newspapers, including Woman’s Wear Daily, Home Furnishing Daily, Supermarket News, among others. At its peak in 1984, Electronic News took in $25 million in revenue with margins above 50%.[citation needed] The following year, the newspaper began losing advertising and influence to rival Electronic Engineering Times, beginning a decline that eventually led to the newspaper's demise.[citation needed]
In 1971, the journalist Don Hoefler published a series of articles entitled "Silicon
Valley, USA." This is widely thought to be the first published use of the phrase Silicon
Valley to describe the area of the southern part of the San Francisco Bay
area in northern California,
Also in 1971, Electronic News was where Intel first advertised the Intel 4004 microprocessor, widely considered to be the first single-chip microprocessor.[citation needed]
A decade later, in 1981, when IBM's top-secret Project Acorn emerged as the IBM Personal Computer - the PC - the first reports were published in Electronic News in the weeks before the introduction, much to IBM's consternation.[citation needed] Also in 1982, Electronic News communications industry reporter Frank Barbetta, broke the story on the Bell System Divestiture which resulted in the break-up of American Telephone & Telegraph Company, and published the first interview with Judge Harold Green. [citation needed]
The paper eventually grew to have a staff of three dozen full time journalists, working out of headquarters staffed by full
time journalists in New York and bureaus in
In 1967, the paper's corporate parent, Fairchild Publications was acquired by Capital Cities Broadcasting, which went on to acquire the American Broadcasting Company, now a unit of The Walt Disney Company. The publication was transferred from Fairchild to Chilton, then a division of Capital Cities/ABC, as the result of a reorganization following an analysis by outside consultants hired by the company. After barely a year as part of Chilton the paper was in 1991 sold to the publishing house International Data Group. After a year of losses, IDG sold the paper in 1993 to an independent investor group put together by one-time publisher Zachary Dicker. In 1996 the paper was sold to it current owner Reed Business Information.
The final edition of Electronic News to be printed on paper was dated December 2, 2002. It has since that date been published exclusively online and television.
External links
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