Mr. Beaser. As a wholesaler, the first time I find out anything about it is when the magazines arrive on my shelf.
Mr. Cuaxmner.aix. When we send you an announcement that we are distributing X magazine.
Mr. Beaser. I am not asked whether I want it. I am told Tam going to gel it. ; ’
Mr. Cuampernain. That 3s correet, sir.
Mr. Beaser. Do you have any financinl arrangements between your- self’, ihe Independent News Co., and the Prize Comics?
In other words, do you advance them funds se that they can pub- lish their magazines?
Mr. Cuambernsrn. Not in the sense that you present it. Let me say this: Y don’t know that this specifically holds true for Prize Comies, but it would hold trne perhaps for another company, but. on delivery of copies, we may advance to them a percentage of the dollar value of the magazines that they are delivering to us. That per- centage can run from zero to 25 percent. If it were as high as 25 percent, that certainly is not going to pay for the cost of production of their magazine,
But that is just a bond between us that we believe we will sell at least that number of copies.
Mr. Beaser. The printing bills are paid by the publisher?
Mr. Cuampervarn. By the publisher.
Mr. Beaser. You do not guarantee or advance money for printing bills?
Mr, CHamreriam, No, sir,
Mr. Beaser. In what countries are your magazines distributed outside the United States?
Mr. Cuamper.ain. We go ali over the world pretty mneh. Of eourse, Canada is the main country. We are in Mexico, we are in Sonth America, We have some comics that go to South America.
Mr. Beaser. Cuba?
Mr. CHaseper.ain. Cuba.
Mr. Beaser. Canal Zone?
Mr. CHaxenknain. Yes, sir.
Mr. Beaser. Puerto Rico?
Mr. CHAMBERLAIN. Yes, sir.
Mr. Beaser. Virgin Islands?
My. Cuamverriain. Yes,
Mr. Beaser. Turkey?
Mr. CoamMpernain, Yes, sir.
Mr. Beaser. Japan, Germany?
Senator Tennines. Are these books you send to the foreign countries done in the foreign language?
Mr. Crrampernaix. No: the English edition.
Senator Hennines. I have seen some of them in foreign languages.
Mr. CHAMEERLAIN. We do have a foreign department that does sell the right to print Superman or one of the other characters in a foreien- language edition.
Senator Hennines. They are printed abroad in those instances?
Mr. Cramnernain, That is right.
Mr. Beaser. What is sent abroad, the plates, the mats? How does it work?
