Description: American News Co. stock certificate 1971 Paperboy Statue vignette plus a Printing Press in the seal The American News Company (ANC) was a magazine, newspaper, book, and comic book distribution company founded in New York City in 1864 by Sinclair Tousey, which dominated the distribution market in the last quarter of the 19th century and the first half of the 20th century. The company closed in 1957.ANC was founded by Sinclair Tousey, a publisher of dime novels. Tousey saw an opportunity to make more money by distributing magazines and newspapers to newsstands and bookstores. He started ANC with a small fleet of horse-drawn wagons and a staff of a few dozen employees.ANC quickly grew into the largest magazine and newspaper distributor in the United States. The company had a network of over 10,000 newsstands and bookstores, and it distributed over 100 million magazines and newspapers each year.ANC was also a major player in the comic book industry. In the early days of comic books, ANC was the only distributor that would handle them. The company's distribution of comic books helped to make them a popular form of entertainment.ANC's dominance of the magazine and newspaper distribution market came to an end in the 1950s. The company faced competition from new distributors, such as Independent News and the American News Company of New England. ANC also faced competition from the rise of supermarkets and drugstores, which began to sell magazines and newspapers directly to consumers.In 1957, ANC filed for bankruptcy and was forced to close its doors. The company's demise was a major blow to the magazine and newspaper industry. ANC had been a major source of revenue for publishers, and its closure left many publishers struggling financially.ANC's legacy continues today. The company's distribution methods and practices were adopted by other distributors, and its role in the comic book industry helped to make comic books a popular form of entertainment.
Price: 13.99 USD
Location: Concord, California
End Time: 2024-12-30T06:02:47.000Z
Shipping Cost: 4.99 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Circulated
Type: Stock
Country/Region of Manufacture: United States
