At the age of 26 with $600 borrowed from his relatives, Newhouse bought his first local newspaper, the Staten Island Advance. Over the next five decades, Newhouse would amass a communications giant including a collection of 22 local newspapers, 6 television stations, 5 national magazines, 4 radio stations, and 20 cable TV stations. Newhouse’s strict financial control and oversight enabled him to build the most profitable publishing company in the United States.