Yet "Post" has remained unprofitable since Murdoch first purchased it from Dorothy Schiff in 1976—and was on the brink of folding when Murdoch bought it back in 1993, with at least one media report in 2012 indicating that "Post" loses up to $70 million a year. One commentator has suggested that "Post" cannot become profitable as long as the competing "Daily News" survives, and that Murdoch may be trying to force the "Daily News" to fold or sell out, leaving the two papers in an intractable war of attrition.