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The Daily Planet was founded in 1775 and its headquarters is located in the New Troy borough of Metropolis. From a bird's eye point of view, the roof of the Planet is home to a giant planet sculpture. Publicly held, the local newspaper is famous nationwide, even globally. This is mainly in part to the mantra of its managing editor, Perry White, who instills the pursuit of truth and tenacity in his reporters. The Planet's top two reporters are Lois Lane and Clark Kent, often accompanied by photographer, Jimmy Olsen.
During an attempt to lure Superman to his death, Metallo posed as a fired journalist, Henry Ackerdson, and threatened to commit suicide by jumping off the roof of the Daily Planet. A crowd gathered down below on the street level of the Planet. Jimmy Olsen and Lois Lane were among the crowd. Lane called Clark Kent and informed him of the events. He left the Mayor's PR event and confronted Ackerdson as Superman. Metallo soon shot Superman with a Kryptonite bullet and fled the scene. Superman fell and created a crater just outside the Planet. News teams covered the crisis and flooded the airwaves until the Justice League arrived and helped revive Superman.