The Waterbury Democrat., 1931-04-02
THE BIG LIBERTY MAGAZINE SOLD
 TO MAC CFADDEN
Publisher of n Great Maga- zines Buys Another
 Detroit Tabloid Sold to Liberty Publishers

New York. April 2---(UP) Lib erty magazine, beginning with Its April issue, will pass into the own etship of Bernarr MacFadden, pub fisher of eleven nationally circulat- cd magazines and eight daily news papers, 1t has been announced.
 The MacFadden Publications, 1t vas learned simultaneously, have sold to the publishers of Liberty. the . Detroit daily, a tabloid newspaper of Detroit, Mich.
 Capt J. M. Patterson, president Of the News Syndicate company, publishers of the New York Daily News, while Col R. R. Mccormick. vice. president and treasurer of the Iaberty company, is president of the Chicago Tribune.
 The new owners of the Detroit daily, it was announced. will con- tinue publication of that paper "along lines that have given the news the largest circulation of any rewspaper in the United States" The News, according to recent ng- tres, has an average daily circula- ton of more than 100000 and a Sunday circulstion of more than a 1900, ,000.
 The announcement which con firmed the agreement, one of the
 
 the magazine field, was made by at { torneys for the principals. MacDon- aid Dewitt and Joseph Schultz.
 'The publishers of Liberty, said their statement, "have sold that weekly to MacFadden Publica- s tions, Inc. MacFadden Publications Inc, has sold the Detroit Daily, a tabloid newspaper, to MT Dewitt,s
 aMr Dewitt stated that the new owners of the Detroit Daily intend to publish the newspaper along the lines which have given the News, also published by them, the largest circulatior of any newspaper Tn the United States
 ssMr Schultz stated that his clients will continue the identical editorial policies of Literty' which have giv- er it the largest single copy sale of sny magazine in the country.
 s'The new owners of the fespec- i've publications assume control as of April 1, 1931."
 Liberty magazine, under the pres- idency of Capt Patterson. was a rev venture in the national maga- z zine field. Tn it's form and makeup. 1t differed from all weekly maga- zines that had been established pre-. 2 viously Within a year it had built up q tremendous circulation, under the management of men hitherto noted for their work in the daily newspaper feid.
 McFadden, aside from his news paper activities, is owner of a num- ber of highly successful and profit able magazines. On a visit to Eng land several years ago he became convinced that newspaper such as the London Graphic could be con- { ducted profitably in America. On that basis he started the New York J Graphic. which has attained a cir- 1 culation of approximately 280,0O0. The MacFadden Publicans also Town Physical Culture. True Story,
 rue Romances, Dream World, The L,ance, True Detective Mysteries. {. our Home True Experiences. tihost Stories. The Master Detective Ind the Model Airplane News, News aper holdings include the New York Evening Graphic. Daily In- 'estment News, New Haven Times, Aryandotte, Mich, Record. Green File. Mich, News, Lansing Capitol Jews, Philadelphia Daily News and
 he Automotive Daily News.
 The agreement consummating the lie of the properties was negotiated ~ Max Annepberg. representing liberty Magazine, and Lee Ellmak- fer. general manager of MacFadden publications.
 < Frank Carson, assistant manager Of the New York Daily News, left last night to take over active man. agement of the Detroit Daily for its a new owners.