Field Enterprises

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Field Enterprises
Company type
Chicago Sun-Times Syndicate/Publishers-Hall Syndicate (1941–1983)
  • Chicago Daily News (1959–1978)
  • Field Communications
  • (1966–1983)

    Field Enterprises, Inc. was a private

    Chicago Sun and Parade magazine. For various periods of time, Field Enterprises also owned publishers Simon & Schuster and Pocket Books, broadcaster Field Communications, and the World Book Encyclopedia. It also operated a syndication service, Field Newspaper Syndicate,[2] whose most popular offering was the comic strip Steve Canyon
    .

    History

    Field had founded the

    Comic-strip historian

    Field Syndicate
    and its relationship to the rest of the company:

    Field . . . was a syndicate initially created by Marshall Field to sell features from his Chicago Sun newspaper. When Field started the Sun he found that Chicago was pretty much all sewed up with exclusive contracts on the better features. He resolved to purchase his own features and market them. Ironically, the Field Enterprises syndicate ended up being a better moneymaker than the Sun itself. It has been said that the flagship feature, Steve Canyon, was responsible for keeping the Sun afloat for many years.[4]

    In 1944, soon after its establishment, Field Enterprises acquired the book publishers Simon & Schuster and Pocket Books. The next year, the company acquired World Book Encyclopedia. In 1948, Field merged the Chicago Sun with the Chicago Daily Times to create the Chicago Sun-Times.

    Marshall Field III died in 1956; his son Marshall Field IV took over. Simon & Schuster and Pocket Books were sold in 1957. Parade was sold the following year (to New York Herald Tribune publisher John Hay Whitney).

    The company acquired the Chicago Daily News in 1959, publishing that newspaper until it folded in 1978 (the same year the company sold World Book Encyclopedia).

    Marshall Field IV died in 1965.[5] From 1969 to 1980 investment banker Peter W. Smith was a Field Enterprises senior officer.[6]

    In 1982, half-brothers

    News Corporation in 1983 for US $90 million.[8]
    Field Enterprises was dissolved in April 1984.

    References

    1. ^ "Owns The Chicago Sun: Field Enterprises, Inc., Organized By Marshall Field," The New York Times, 1 September 1944, page 22.
    2. United States Library of Congress / United States Copyright Office
      . 1977. p. 2,607. Retrieved February 12, 2016.
    3. ^ "Who's Who Among Leading U.S. Syndicate Executives," Editor & Publisher (September 7, 1946). Archived at "News of Yore 1946: Syndicate Executives Profiled," Stripper's Guide (July 21, 2010).
    4. ^ Holtz, Allan (April 13, 2010). "Obscurity of the Day: Hit or Miss". Archived from the original on October 9, 2015. Retrieved February 12, 2016.
    5. ^ "Marshall Field Jr., Publisher, Dies". The Arizona Republic. 19 September 1965. Retrieved 6 October 2020.
    6. ^ Skiba, Katherine (13 July 2017). "Peter W. Smith, GOP operative who sought Clinton's emails from Russian hackers, committed suicide, records show". Chicago Tribune. Retrieved 6 October 2020.
    7. ^ It Sounded Like Dallas, Not Chicago, as Two Half Brothers Broke Up the Field Family Empire, by Barbara Kleban Mills and Susan Deutsch. People Magazine, Vol. 20, No. 24, 12 December 1983. Retrieved on 1 November 2010.
    8. ^ Friendly, Jonathan. "Murdoch Buys Chicago Sun-Times," The New York Times, 2 November 1983, page D1.

    External links