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Bob Austin, publisher, and Sid Parnes, editor-in-chief of Record World, and Sam Chase, publisher of Music Business, are pleased to announce the absorption of the publication Music Business and its assets into Record World. We believe that this association will be a strong, constructive force in the industry.
It had been evident to us for sometime that four papers were proving to be a financial burden to the industry, thus limiting the growth of both publications. This step will not only eliminate that burden but will create a highly vital force by taking what has been most positive in both magazines and combining them into one strong entity. Because this combination reflects what, in our opinion, the industry has been requesting and looking forward to,we did everything in our means to achieve it.
Therefore, Music Business has now ceased publication, but many of its features will shortly be incorporated in a newly expanded Record World. There will also be an integration of staffs which will serve the industry as a knowledgeable and experienced working group.
Record World will immediately embark on an extensive expansion program. With the amalgamation of staffs, we will be equipped to cover even more thoroughly every area of interest and use to those associated with the music and record fields.We intend to initiate projects that will be beneficial both to our readers and our advertisers and to reach into areas which are now either not being covered or only lightly touched upon.
With the combination of Record World and Music Business circulations, we believe that we will now be able to offer the second highest paid circulation of any of the trade papers in our field. The strength of this circulation should make itself felt immediately. This move has been made by all the parties concerned in the interests of building a stronger paper for our industry and serving it in the most useful way possible.
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Information, credit, and news source: Record World June 12, 1965
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