Word: collier
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...would have taken a Santa with a bag of $15 million to $20 million to save Crowell-Collier's fast-failing magazines (1956 deficit: $7,500,000). In the past ten years, as Crowell-Collier went from a profit of $6,500,000 to heavy losses, managing editors had swept in and out of office like French Premiers. More than $10 million in new capital had been pumped into the company since 1953, when aging Wonder Boy Paul Smith, now 48, came in from the money-losing San Francisco Chronicle as a $40,000-a-year troubleshooter. Smith raised...
Empire Building. Only last summer the company sacrificed the American Magazine (TIME, July 9), strongest of the three, in hopes of beefing up its weak sisters. Largely as a result of dividing American subscriptions, Collier's circulation climbed 9% (to 4,165,000) while the Companion gained 5% (to 4,225,000). But advertisers were leary. Collier's ran only 1,008 ad pages in 1956 v. 1,718 in 1951; in the same period, Companion advertising dropped from 945 pages to 544. Their losses turned a record $6,000,000 profit claimed by Crowell-Collier...
Undismayed, Booster Smith announced plans for a communications empire that would include newspapers, a weekly newsmagazine, a TV and radio chain, make Crowell-Collier "the biggest, richest and most influential publishing house in America." Last month, after announcing that Crowell-Collier was acquiring seven TV and radio stations, Smith was unable to raise the cash...
...debentures into 600,000 shares of common stock, although actual control (400,000 shares) was in the hands of Manhattan's Publication Corp., whose subsidiary publishes This Week magazine. Last week Lannan's group and Publication Corp. got together to save what they could of Crowell-Collier...
Gibson Girls & Cowboys. Cowles Magazines, Inc. (Look) agreed to pay $1,000,-ooo for the magazine title Collier's and for Crowell-Collier's Reader's Service, a subscription company that sold Collier's and other magazines. Cowles also lent Crowell-Collier $1,000.000. In addition, Cowles agreed to assume responsibility for $11 million worth of unexpired Collier's subscriptions, said that former Collier's readers will have the choice of taking Look or "any one of several other magazines" or, if they insisted, cash refunds. Hearst's Good Housekeeping and McCall...