[1] He entered the publishing business as co-publisher of The Tabs in 1979 with two partners, Dick Yousoufian and Stephen Cummings, and a $10,000 investment.
In response to the financial success of The Tabs, which earned $12 million in annual revenue by 1989, the Globe launched its own weekly section aimed at the same demographic.
The Tabs were among several free publications across the United States that pressured the respective traditional paid newspaper operators in their markets.
He launched the free daily newspaper amNew York, published by the Tribune Co. in the fall of 2003, which grew quickly to a circulation of 290,000 by May 2004.
The launch of amNew York was part of a broader effort across the United States to revive the moribund newspaper industry after a decade of eroding readership and declining business.