What happened to Fawcett Comics? 0

[Electricmastro]

I'm told that, after their lawsuit and canceling its original comics line in 1953, they eventually continued publishing after 1960 (one of only a handful of Golden Age American comic book publishers to do so), and published Dennis the Menace comics up to 1980, but I'm not sure what happened to them after that. Are we to assume they went defunct in 1980?

 

Edited August 14, 2019 by Electricmastro

[BitterOldMan]

Fawcett Comics was a subsidiary of Fawcett Publishing.  As you mentioned, Dennis the Menace was their last comic book publication.  They focused on paperbacks and magazines, which were more profitable.  From the source below: "In 1987, Fawcett senior executive Peter G. Diamandis and a management team negotiated a $650 million leveraged buy out, then sold six titles to raise $250 million. Diamandis Communications, Inc. was then sold the next year to Hachette Publications for $712 million."

https://en.wikipedia.org/wiki/Fawcett_Comics

https://en.wikipedia.org/wiki/Fawcett_Publications

[Electricmastro]

14 hours ago, BitterOldMan said:

Fawcett Comics was a subsidiary of Fawcett Publishing.  As you mentioned, Dennis the Menace was their last comic book publication.  They focused on paperbacks and magazines, which were more profitable.  From the source below: "In 1987, Fawcett senior executive Peter G. Diamandis and a management team negotiated a $650 million leveraged buy out, then sold six titles to raise $250 million. Diamandis Communications, Inc. was then sold the next year to Hachette Publications for $712 million."

https://en.wikipedia.org/wiki/Fawcett_Comics

https://en.wikipedia.org/wiki/Fawcett_Publications

Ah, so they didn't go defunct in 1980 then?

Edited August 14, 2019 by Electricmastro

[BitterOldMan]

42 minutes ago, Electricmastro said:

Ah, so it didn't go defunct in 1980 then?

Please read the links that I provided.  In 1980, Fawcett Comics quit printing comics and thus went out of business (defunct).  Fawcett Publishing continued on, until being acquired by Hachette, which was acquired by media giant Hearst.  Most of the Fawcett comic book characters were sold to DC or Charlton.  Charlton later sold most of the characters to DC.  A few  Fawcett characters are in the public domain.

[Electricmastro]

3 minutes ago, BitterOldMan said:

Please read the links that I provided.  In 1980, Fawcett Comics quit printing comics and thus went out of business (defunct).  Fawcett Publishing continued on, until being acquired by Hachette, which was acquired by media giant Hearst.  Most of the Fawcett comic book characters were sold to DC or Charlton.  Charlton later sold most of the characters to DC.  A few  Fawcett characters are in the public domain.

I did, and it wasn't clear (as one of the links listed 1980 as the defunct date, but the other information makes it seems otherwise), but your explained it more clearly. Thanks.

Edited August 14, 2019 by Electricmastro