[4] The emergence of television in the late 1940s and early 1950s competed for people's attention and eroded the popularity of general-interest periodicals such as the Post and the Journal.
[3] The New York Times reported that both the finance markets and Madison Avenue were watching Curtis Publishing's efforts to save itself after a financial decline.
[3] The reason the New York Times gave for the attention, "the status of the venerable Curtis empire, the colorful cast of characters directing the comeback attempt, the vast sums of money at stake.
In addition, Curtis's troubles seemed to reflect the difficulties encountered by the mass magazines industry as a whole in adjusting to an era dominated by the spiraling growth of television.
Many of their competitors such as Time, Inc. and McCall Corporation had diversified while Curtis remained focused on their two key periodicals, The Saturday Evening Post and Ladies' Home Journal.
The Saturday Evening Post had been surpassed by Life magazine as the top mass market periodical in 1942 and then spiraled into a ten-year decline in advertising revenue after World War II.
"[3] Curtis "fell into a formula that tended to attract older readers rather than the young married couples that advertisers wanted to reach.
"[3] They had also failed to follow the model of some of their competitors by diversifying into television, news magazines or book publishing after World War II.
Curtis sold its Philadelphia headquarters to real estate developer John W. Merriam for $7.3 million to pay off most of the First National loan; it leased half of the building back for its operations.
Despite these attempts to revive the Saturday Evening Post, and failing to find a purchaser for the magazine, Curtis Publishing shut it down in 1969.
[11] In March 1969, the Federal Trade Commission directed Curtis to offer cash refunds for unfulfilled portions of Post subscriptions.
The company's Norman Rockwell cover paintings and other images have been used for fine art and prints, greeting cards, figurines, and other collectibles.
[14] In 1910, the company built its headquarters building at the intersection of South Sixth and Walnut Streets about 200 feet (61 m) southwest of Independence Hall.