This followed the 1937 combination of the New York Evening Journal and the morning American into the New York Journal-American, the sale of the Omaha Daily Bee to the World-Herald.Īfternoon papers were a profitable business in pre-television days, often outselling their morning counterparts featuring stock market information in early editions, while later editions were heavy on sporting news with results of baseball games and horse races. In Chicago, he combined the morning Herald-Examiner and the afternoon American into the Herald-American in 1939. Hearst, with his chain now owned by his creditors after a 1937 liquidation, also had to merge some of his morning papers into his afternoon papers. Also in 1939, he sold the Atlanta Georgian to Cox Newspapers, which merged it with the Atlanta Journal. That year he also bought the Milwaukee Sentinel from Paul Block (who bought it from the Pfisters in 1929), absorbing his afternoon Wisconsin News into the morning publication. After two years of leasing them to Eleanor "Cissy" Patterson (of the McCormick-Patterson family that owned the Chicago Tribune), Hearst sold her The Washington Times and Herald in 1939 she merged them to form the Washington Times-Herald. Cosmopolitan Book was sold to Farrar & Rinehart in 1931. The Great Depression hurt Hearst and his publications. In 1929, Hearst and MGM created the Hearst Metrotone newsreels. In addition to print and radio, Hearst established Cosmopolitan Pictures in the early 1920s, distributing his films under the newly created Metro Goldwyn Mayer. In 1924, Hearst entered the tabloid market in New York City with New York Daily Mirror, meant to compete with the New York Daily News. He continued his buying spree into the mid-1920s, purchasing the Baltimore News (1923), the San Antonio Light (1924), the Albany Times Union (1924), and The Milwaukee Sentinel (1924). Hearst then added the Los Angeles Herald and Washington Herald, as well as the Oakland Post-Enquirer, the Syracuse Telegram and the Rochester Journal-American in 1922. ĭespite some financial troubles, Hearst began extending its reach in 1921, purchasing the Detroit Times, The Boston Record, and the Seattle Post-Intelligencer. This eventually led to the merger of the magazine Hearst International with Cosmopolitan in 1925. Hearst saw financial challenges in the early 1920s, when he was using company funds to build Hearst Castle in San Simeon and support movie production at Cosmopolitan Productions. Hearst also began acquiring radio stations to complement his papers. In the 1920s and 1930s, Hearst owned the biggest media conglomerate in the world, which included a number of magazines and newspapers in major cities. The peak era Īn ad asking automakers to place ads in Hearst chain, noting their circulation In 1919, Hearst's book publishing division was renamed Cosmopolitan Book. Hearst bought the Atlanta Georgian in 1912, the San Francisco Call and the San Francisco Post in 1913, the Boston Advertiser and the Washington Times (unrelated to the present-day paper) in 1917, and the Chicago Herald in 1918 (resulting in the Herald-Examiner). Hearst began producing film features in the mid-1910s, creating one of the earliest animation studios: the International Film Service, turning characters from Hearst newspaper strips into film characters. The company entered the book publishing business in 1913 with the formation of Hearst's International Library. He acquired Cosmopolitan in 1905, and Good Housekeeping in 1911. In 1903, Hearst created Motor magazine, the first title in his company's magazine division. Hearst began to purchase and launched other newspapers, including the New York Journal in 1895 and the Los Angeles Examiner in 1903. The younger Hearst eventually built readership for Hearst-owned newspapers and magazines from 15,000 to over 20 million. In 1887, he turned the Examiner over to his son, William Randolph Hearst, who that year founded the Hearst Corporation. senator, bought the San Francisco Daily Examiner. In 1880, George Hearst, mining entrepreneur and U.S. 4 Trustees of William Randolph Hearst's will.1.3 Retrenching after the Great Depression.
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