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Tuesday, July 08, 2008

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  Forum  Data Corner  Statements of O...  Did they get better with time?
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New Post 2/8/2008 2:28 PM
  gentlesatirist
5 posts


Did they get better with time? 
Modified By John Jackson Miller  on 2/8/2008 3:37:07 PM)
On another site, I've been kicking around the possibility of these statements becoming more accurate as time went by.

My reasoning is this : As comics moved into the 60s and 70s, the makers of joy buzzers and x-ray spex and other novelties were being joined by major toy companies, breakfast cereal makers and consumer goods companies in the ranks of comics advertisers. You could give the joy buzzer ad guy an estimate of what your sales were, but the likes of CBS-TV, Hostess pastries, Daisy rifles and Spalding sporting goods probably wanted something that they could verify. These were honest-to-gosh corporations with accounting departments and audit committees and everything. They weren't going to take the comic book guy at his word when he told them what sales were as a basis for how much they could charge for advertising from year to year.

Now I know they could have given one set of #s to advertisers and one to the post office, but you'd think that even in those pre-Internet days, that kind of thing could be checked out without too much difficulty.

Think there's anything to this theory? Or am I way off base here?

- FE

Wickliffe OH

[Originaly posted May 1, 2007]

 
New Post 2/8/2008 2:36 PM
  John Jackson Miller
58 posts




Re: Did they get better with time? 
Modified By John Jackson Miller  on 2/8/2008 3:37:38 PM)

I think they got better, but for different reasons.

I don't think they were ever looked at by anybody from the advertising world -- they had the Audit Bureau numbers for that, which were theoretically a lot better. I can't see an ad agency skittering around stores looking for Statements when they were paying the auditors alerady.

But what you did have was the Independent Distributors like Curtis improving their speed and accuracy in reporting returns -- the information that the publishers needed to file accurate Statements. I mean, today, a magazine publisher can log into Ingram's system and see exactly how many magazines Barnes & Noble moved last week, what stores ordered how many, etc. Put that against magazine distribution in the 1960s, when the reports were much less sophisticated.

(And, indeed, you had reported-as-unsold magazines disappearing, which is where the Mile High II collection came from. As the story goes, Chuck Rozanski found millions of comics from the late 1960s in a warehouse -- some distributor had used "affadavit returns" to report them as destroyed, intending to sell them some other way. He had to go to Marvel to find out who had title to them, but once he did, it became a good source of high-grade comics from that era.)

Finally, the Postal Service has increasingly asked for additional data in their forms, so I think that's forced the publishers to be more on their toes and find out what they can.

[Originaly posted May 1, 2007]


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