Word: circe
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Amid much public outcry, two British press giants last week were battling for control of a third. The prospective prize: Odhams Press Ltd., which owns 82 magazines, 25 annuals, a racing daily and two newspapers-the Sunday People (circ. 5,467,872) and the Daily Herald, a Labor Party voice. Although the Daily Herald's circulation is 1,418,119 it manages to lose about $2,000,000 a year. Last month Fleet Street's Canadian-born Press Lord Roy Thomson, 66, proprietor of 80 papers in seven countries, made an offer to Odhams' board, headed...
After 1942, when voluble Author-Journalist Norman Cousins became its editor, the Saturday Review of Literature began trying by one device after another to escape its original charter as a magazine of literary criticism. But for all its experimentation, the Saturday Review (circ. 248,179) has remained a magazine of comparatively limited audience. Last week it accepted a boost from a giant...
...giant was McCall Corp., publisher of McCall's (circ. 6,275,280), Redbook (circ. 3,074,710), and the world's largest magazine job printers (one billion copies of 56 magazines last year). In a deal soon to be signed and sealed, McCall Corp. will acquire the Saturday Review as a wholly owned subsidiary. In exchange, the Saturday Review's twelve stockholders-by far the biggest of whom are Editor Cousins and Publisher Jacob R. Cominsky-will get about $3,000,000 in McCall Corp. stock. But the chief attraction of the deal for Cousins and Cominsky...
These days, Field handles his end of the fight with increasing assurance and effect. The Trib (circ. 869,958; still dominates Chicago, but Challenger Field is making long strides. His Sun-Times (566,219) is gaining circulation on the Trib and is taking the new advertising at three times the Trib's rate. Field's two papers produce an annual net profit of $2,000,000-a figure that Field confidently expects to rise to $3,000,000 before the end of the year...
...thesis, but here and there another voice was raised. Sardonically noting that as a regional publisher he had to contend with the same competition from Canada's national magazines that they complain of from U.S. magazines' Canadian editions, Publisher Michael Wardell of the Fredericton, N.B. Atlantic Advocate (circ. 22,982) had flatly told the Commission: "There can be no possible justification for a general assault upon American magazines -which would be nothing short of an assault upon freedom of the press...