Decline and Demise
The Post readership began to decline in the late 1950s and 1960s. In general, the decline of general interest magazines was blamed on television, which competed for advertisers and readers' attention. The Post had problems retaining readers: The public's taste in fiction was changing, and the Post 's conservative politics and values remained controversial. Content by popular writers became harder to obtain. Prominent authors drifted away to newer magazines offering more money and status. As a result, the Post published more articles on current events and cut costs by replacing illustrations with photographs for covers and advertisements.
The magazine's publisher, Curtis Publishing Company, lost a landmark defamation suit, Curtis Publishing Co. v. Butts 388 U.S. 130 (1967), resulting from an article, and was ordered to pay $3,060,000 in damages to the plaintiff. The Post article implied that football coaches Paul "Bear" Bryant and Wally Butts conspired to fix a game between the University of Alabama and the University of Georgia. Butts sued Curtis Publishing Co. for defamation. The case went to the Supreme Court, which held that libel damages may be recoverable (in this instance against a news organization) if the injured party is a non-public official. But the plaintiff must prove that the defendant was guilty of a reckless lack of professional standards when examining allegations for reasonable credibility.
William Emerson was promoted to editor-in-chief in 1965 and remained in the position until the magazine's demise in 1969.
In 1968, Martin Ackerman, a specialist in troubled firms, became president of Curtis after lending it $5 million. Although at first he said there were no plans to shut down the magazine, he halved its circulation in an attempt to increase the quality of the audience, and then shut it down. In announcing that the February 8, 1969, issue would be the magazine's last, Curtis executive Martin Ackerman stated that the magazine had lost $5 million in 1968 and would lose a projected $3 million in 1969. In a meeting with employees after the magazine's closure had been announced, Emerson thanked the staff for their professional work and promised "to stay here and see that everyone finds a job".
At a March 1969 postmortem on the magazine's closing, Emerson stated that The Post "was a damn good vehicle for advertising" with competitive renewal rates and readership reports and expressed what The New York Times called "understandable bitterness" in wishing "that all the one-eyed critics will lose their other eye". Otto Friedrich, the magazine's last managing editor, blamed the death of The Post on Curtis. In his Decline and Fall (Harper & Row, 1970), an account of the magazine's final years (1962–69), he argued that corporate management was unimaginative and incompetent. Friedrich acknowledges that The Post faced challenges as the tastes of American readers changed over the course of the 1960s, but he insisted that the magazine maintained a standard of good quality and was appreciated by readers.
Read more about this topic: The Saturday Evening Post
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