Publishing Industry
Marshall Field III was primarily a publisher, and was founder of the Chicago Sun which became the Chicago Sun-Times. The primary investor in the newspaper PM, he eventually bought out the other investors to become publisher. He also created Parade as a weekly magazine supplement for his own paper and for others in the United States. By 1946, Parade had achieved a circulation of 3.5 million.
In 1944, Marshall Field III purchased Simon & Schuster and Pocket Books. Following his death, his heirs sold the company back to its founders, Richard L. Simon and M. Lincoln Schuster, while Leon Shimkin and James M. Jacobson acquired Pocket Books.
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Famous quotes containing the words publishing and/or industry:
“While you continue to grow fatter and richer publishing your nauseating confectionery, I shall become a mole, digging here, rooting there, stirring up the whole rotten mess where life is hard, raw and ugly.”
—Norman Reilly Raine (1895–1971)
“The Founding Fathers in their wisdom decided that children were an unnatural strain on parents. So they provided jails called schools, equipped with tortures called an education. School is where you go between when your parents can’t take you and industry can’t take you.”
—John Updike (b. 1932)