Western Publishing, also known as Western Printing and Lithographing Company, was an American company founded in 1907 in Racine, Wisconsin, best known for publishing the Little Golden Books. Its Golden Books Family Entertainment division also produced children's books and family-related entertainment products.[2] The company had editorial offices in New York City and Los Angeles, California. Western Publishing became Golden Books Family Entertainment in 1996.
Golden Books Family Entertainment was eventually acquired jointly by Classic Media, owner of the catalog of United Productions of America (UPA), and book publisher Random House in a bankruptcy auction in 2001. Little Golden Books remains as an imprint of Penguin Random House. Golden Guides and Golden Field Guides are published by St. Martin's Press.
History
Early years
Edward Henry Wadewitz, the 30-year-old son of German immigrants, worked at the West Side Printing Company in Racine, Wisconsin. When the owner of that company was unable to pay Wadewitz his wages, Wadewitz took the opportunity in 1907 to purchase the company[3] for $2,504,[4] with some of the funds provided by his brother Albert. Knowing that the company needed staff with more knowledge of the business than he had, Wadewitz hired Roy A. Spencer, a printer at the Racine Journal Company.[4]
At the end of its first year sales were $5,000 and the company increased its staff of four to handle a growing number of commercial jobs. It installed a cylinder press, two smaller presses, and an automatic power cutter.[5] In 1910, the company changed its name to Western Printing and Lithographing Company after the purchase of its first lithographic press.[4] By 1914, sales were more than $127,000. The company installed a larger offset press and added electrotyping and engraving departments.[5] Wadewitz was approached by the Hamming-Whitman Publishing Company of Chicago to print its line of children's books. Unable to pay its bills, Hamming-Whitman left Western with thousands of books. As a result, Western acquired Hamming-Whitman on February 9, 1916, and formed a subsidiary corporation, Whitman Publishing Company. It employed two salesmen and, in the first year, grossed more than $43,500 liquidating the remaining Hamming-Whitman books.[4] In 1916, Sam Lowe joined Western. He convinced Western and Whitman to publish a 10-cent children's book in 1918 and convinced retailers that children's books could be sold year-round.[4]
1920s
Western introduced boxed games and jigsaw puzzles in 1923 after purchasing a 38-inch by 52-inch Potter offset press.[4] By 1925, sales exceeded $1 million. Western added another subsidiary, the Western Playing Card Company[5] after purchasing the Sheffer Playing Card Company.[4] In 1929, Western purchased a Chicago stationery and greeting card manufacturer, Stationer's Engraving Company.[4] Another subsidiary was K.K. Publications, named after Kay Kamen, manager of character merchandising at Walt Disney Studios from 1933 to 1949.[6] K.K. Publications became defunct during the mid/late 1960s.
1930s
During the Great Depression between 1929 and 1933, Western introduced new products: The Whitman jigsaw puzzle became very popular during this period as did a new series of books called Big Little Books. Brought out in 1932, the 10-cent Big Little Books became very popular with people looking for inexpensive entertainment. The first Big Little Book was The Adventures of Dick Tracy.[4] Western won exclusive book rights to all Walt Disney licensed characters in 1933, and in 1934 established an eastern printing plant at the former Fiat factory site in Poughkeepsie, New York.[5]
The printing plant allowed a close relationship to develop with the publishers Dell Publishing Company and Simon & Schuster, Inc. From 1938 to 1962 Dell Publishing and Western produced color comic books featuring many of Western's licensed characters. In 1938, the first joint effort between Western and Simon & Schuster, A Children's History, was published.[5] In the 1930s, Western formed the Artists and Writers Guild
1940s
Georges Duplaix replaced Sam Lowe as head of the Artists and Writers Guild in 1940 when Lowe left the company. Dick Simon, then head of Simon & Schuster, mentioned to Duplaix that he was interested in any new ideas for children's books.[7] Duplaix had the idea to produce a colorful, more durable and affordable children's book than those being published at that time which sold for $2 to $3. With the help of Lucile Ogle, also working at the Guild, Duplaix contacted Albert Leventhal, a vice president and sales manager at Simon & Schuster, and Leon Shimkin, also at Simon & Schuster, with his idea. The group decided to publish twelve titles for simultaneous release in what was to be called the Little Golden Books Series. Each book would have forty-two pages, twenty-eight printed in two-color, and fourteen in four-color. The books would be staple-bound. The group originally discussed a 50-cent price for the books, but Western did not want to compete with other 50-cent books already on the market. The group calculated that if the print run for each title was 50,000 copies instead of 25,000, the books could be sold for 25 cents each. In September 1942, the first 12 titles were printed and released to stores in October.[4] Three editions totaling 1.5 million books sold out within five months of publication in 1942.[7]
During World War II, Western had a contract with the
1950s
Guild Press, Inc., a publisher of Catholic books, religious greeting cards, and gift wrap, was purchased in the early 1950s. In 1955, a new specialty printing plant was built in Hannibal, Missouri. Western achieved sales of $63 million in 1957, the year of its 50th anniversary. In the same year the company acquired Kable Printing Company, a large rotogravure magazine printer.[5]
With partners Dell and Simon & Schuster, the company sponsored the Story Book Shop on Main Street, U.S.A., in Disneyland which opened on July 17, 1955, and closed April 1, 1995.[8] In addition it was one of the initial investors in the park by virtue of being a part-owner of Disneyland, Inc.[9]
Western and Pocket Books, Inc. formed Golden Press, Inc. at the end of 1958 following their joint purchase of all Golden Book properties from Simon and Schuster. The arrangement called for Western to continue to create and manufacture Golden Books which Pocket Books would promote, sell, and distribute. By 1959, over 150 Little Golden Book titles had sold at least a million copies, and more than 400 of the 1,000-plus Golden Book titles were in print in thirteen languages.
1960s
The 16-volume Golden Book Encyclopedia, published in 1960, enjoyed sales of 60 million copies in two years, while sales of Golden Press books reached almost $39 million in 1960.[5] In the same year, the name Western Publishing Company was adopted and common stock was issued with some eighty percent owned by management or employees. At this point Western had the distinction of being the largest creator and publisher of children's books, the largest producer/distributor of children's games made from paper or paper products, and the largest creator/producer of comic books. Western had operated at a profit every year since 1907, paid a dividend every year since 1934, and seen net sales increase from $40.5 million in 1950 to $123.8 million in 1960. During the same period, net profit had increased from $3.1 million to $7.4 million.[5] In 1961, Western opened another printing plant, in Cambridge, Maryland, and in 1970 acquired several companies, including Odyssey Press, a high school and college textbook publisher.[5]
By 1963, 65 percent of Western's total revenues derived from juvenile literature (including games), 25 percent from commercial printing, and 10 percent from books produced for other publishers and miscellaneous activities. Whitman accounted for 35 percent of the company's revenue. The company's half-share in Golden Press, Inc. was a problem. It lost money in 1961 and 1962, and, in 1963, its sales sagged from $32.9 million the previous year to $22.5 million. Western bought Pocket Books' half-share in Golden Press in 1964 with 276,750 shares of its common stock valued at nearly $7.4 million.
1970s
In 1970, Western's sales reached $171.5 million but net profit fell to $3.9 million caused by the acquisition of a computerized typesetting facility and an eleven-week strike. As a result, the Hannibal plant was closed and the number of employees was reduced by 1,500 in mid-1974. Profits rose that year to $10.1 million; sales topped $215 million. In 1971, Western entered into an agreement with the Children's Television Workshop to produce Golden Books featuring the Muppets of Sesame Street. In 1974, Dell Publishing Company signed a ten-year printing contract with Western worth more than $50 million. That same year construction began on a distribution and game-and-puzzle assembly center in Fayetteville, North Carolina.[5]
Direct marketing accounted for twenty-five percent of Western's consumer product sales by 1976. This represented seventy percent of total sales. Driven by products such as the Betty Crocker Recipe Card Program, a monthly mailing of recipe cards to millions of customers, sales grew to $237.3 million in 1976 with net income of $10.8 million. In 1979, Western ceased to be an independent company when Mattel Inc. purchased the company[10] for $120.8 million in a cash/stock deal.[5]
1980s
The year 1980 saw the launch of the Sesame Street Book Club and the relocation of the Skil-Craft manufacturing plant from Chicago to Fayetteville. Sales climbed to $278 million in 1981.[5] Mattel's investment in Western soon soured. In fiscal 1983 (ending January 31, 1983) Western had sales of $246 million with an operating loss of $2.4 million after a $7.5 million charge relating to closing the Poughkeepsie printing plant. Mattel had its own financial issues and, strapped for cash, sold Western in December 1983 to Richard A. Bernstein, a New York City real estate investor, for $75 million plus the assumption of certain liabilities later thought to be $40 million. Bernstein reincorporated the firm as the Western Publishing Group; Western Publishing Co., now a subsidiary, continued to be based in Racine.[5][10]
Bernstein oversaw the introduction of eight videocassettes that featured Golden Books characters in 1985. A total of 2.5 million were shipped. Western developed and produced games under license for Tonka and Hasbro, and developed storybooks containing company logos as promotional items; Bernstein referred to this as "sponsored publishing".
1990s
In 1990, sales dropped to $508 million and earnings fell to $23 million. Analysts attributed some of this decline to falling sales of Pictionary, a popular Western board game introduced in 1985. Sales fell from $118 million to $42 million. In fiscal 1991 (ending January 31, 1991) sales had declined to $491 million with earnings of only $8 million. By late 1991, Western's share price had dropped to $9 from a high of $28.[5]
In 1992, Western celebrated the 50th anniversary of the introduction of Little Golden Books publishing a boxed set of the twelve original titles for $19.95. Special editions of all-time favorites, and new books by popular artists and illustrators of children's books were also published to mark the occasion. The Golden Little Nugget Book line was introduced and sold more than 1.9 million units in six months. Golden management decided to publish trade books for children for the first time in 1993. These titles were published under the imprint Artists and Writers Guild Books and sold in general book and toy stores.[5]
Western's net sales recovered in fiscal 1992 to $552.4 million with net income of $13.7 million, and $649.1 million with $17.5 million net income in 1993. In 1993, Western decided to close the advertising specialty division and took a $21.8 million writedown. A further $10 million was spent setting up and running bookstores in Toys "R" Us
2000s
In June 2001, DIC Entertainment announced they would purchase Golden Books Family Entertainment for $170 million and send them out of bankruptcy.[13] However, DIC would pass off the purchase due to high costs[14] and instead Golden Books Family Entertainment was eventually acquired jointly by Classic Media, owner of the catalog of United Productions of America (UPA), and book publisher Random House in a bankruptcy auction for the $84.4 million on August 16, 2001.[15][16] In turn, Random House, and Classic Media gained ownership of Golden Books' entertainment catalog (including the family entertainment catalog of Broadway Video which includes the pre-1974 library of Rankin/Bass Productions and the library of Total Television
Divisions
Comic books
With licenses for characters from Walt Disney Productions, Warner Bros., Metro-Goldwyn-Mayer, Edgar Rice Burroughs and Walter Lantz Studio, Western produced comics based on these characters, as well as original works. The editorial staff at the West Coast office over the years included: Eleanor Packer, Alice Cobb, Chase Craig, Zetta Devoe, Del Connell and Bill Spicer. Bernie Zuber was an editorial artist, a position similar to that of a production artist, from 1957 until 1982.[23] Oskar Lebeck, Matt Murphy and Wally Green are among those who oversaw the East Coast office.
From 1938 to 1962, Western's properties were published under a partnership with Dell Comics, which also handled the distribution and financing of the comic books. In 1962, Western ended this partnership and published comics itself, establishing the imprint Gold Key Comics. As Murphy explained the split: With regard to a Western-Dell separation, this was by mutual agreement so that each company would be free to explore the potential business in the comics market without the self-imposed restrictions which formerly required Western and Dell to work exclusively with one another.
Slogans and taglines
- I grew up with Golden Books! (1980s)[38]
- Silence isn't Golden. Reading to your child is. (1997)
Trademarks
Western Publishing Company Inc. owned dozens of trademarks over the years, many of which have expired.[39] A sampling of Western's trademarks follows. Some like "Golden" for example were registered multiple times for different uses (separated by "/"). Refer to the website cited for a complete listing of all trademarks.
- FIRST FUN - Children's Workbooks
- MIRROR MANIA - Equipment Sold as a Unit for Playing a Board Game
- A GOLDEN BLOCK BOOK - Children's Miniature Books
- POP-UP GAME - Equipment Sold as a Unit for Playing a Board Type Parlor Game
- V.I.P. - Jigsaw Puzzles
- IMAGE - Coloring Books / Juvenile Books / Jigsaw Puzzles / Children's Books / Pre-recorded Audio Tape Cassettes
- GOLDEN - Coloring Books / Retail Mail-Order Services in the Field of Housewares, Giftwares, and Personal Care Products / Jigsaw Puzzles / Crayons / Equipment Sold As Units For the Purpose of Playing Board or Parlor Games / Juvenile Books-Namely, Storybooks, Picture Books, Preschool and School Activity Books, Coloring Books and Painting Books...
- GOLDEN PRESS SHOPPER'S SERVICE - Retail Mail Order Services in the Field of Books
External links
- Golden Books official website
- The relationship between Dell Comics and Gold Key Comics
- "At Western: It's Fun, Games And Profit". Milwaukee Sentinel June 3, 1974
- The Westerner Western Publishing House organ, #194 (Jan. 1966) Golden Anniversary Issue; v.3 #2 (Winter 1982), Commemorative Issue Sekvenskonst
- "The Comic World" by Charles Beaumont, Fortnight May 1955.
- Trademarks Owned by Western Publishing Company
References
- David D. Kirkpatrick. 2 Companies Pay $84 Million for Golden Books The New York Times, August 16, 2001, retrieved April 22, 2011^
- Golden Books Family Entmt (GBKF:OTC US) Bloomberg Businessweek, November 18, 2010, retrieved May 12, 2014^
- The History of The Western Printing & Lithographing Company