American Heritage Magazine Celebrates Its 60th Anniversary at the Forbes Galleries In New York

NEW YORK, Feb. 23 /PRNewswire/ -- American Heritage, the nation's oldest and best-known history magazine celebrates its 60th anniversary Tuesday, February 23, 2010 from 6 to 8 p.m. at the Forbes Galleries in New York City.  

According to Edwin S. Grosvenor, President and Editor-in-Chief, there is much to celebrate; advertising revenue for American Heritage in 2009 was more than double the previous year, and newsstand sales tripled.  

Things weren't always so sanguine for American Heritage.  In May 2007, the magazine's suspension was announced in The New York Times.  Edwin S. Grosvenor and several investors stepped in to save the beloved magazine.

"It wasn't the best time to buy a publishing company," Edwin S. Grosvenor admitted recently. "But I am pleased to report we reached a breakeven point in 2009 by cutting expenses and taking the magazine back to publishing the best new historical writing."

"American Heritage is not only important, it's essential," said Bruce Cole, former Chairman of the National Endowment for the Humanities. "It's continuing this great tradition of writing very smart, very original history for the lay audience and I don't think there is a greater service that can be performed by any magazine devoted to America's past.  This is a great tradition with a really promising future."

Background:

The first issue of American Heritage was published in December 1949. Over the years, it has won many honors, including the National Magazine Award. Today it is the oldest and best-known history magazine in the world.

After the magazine was forced to suspend publication in 2007, the assets of American Heritage, Inc. were purchased by a new company, American Heritage Publishing, led by Chairman Robert Breeden and President and CEO Edwin S. Grosvenor.

SOURCE American Heritage