The other founding members were Hannen Swaffer, a Fleet Street journalist, and Arthur Findlay, a notable figure in the history of Spiritualism in Britain.

In 1995 the Spiritualists National Union (SNU) acquired it, and both the publishing and bookshop departments were relocated to Stansted Hall — better known as The Arthur Findlay College.

[2] With the rise of the Internet PN added a web site, which included a bookstore and back issue division for online sales.

The SNU said that it had liquidated the publication due to financial losses, to the dismay of thousands of readers around the world who did not understand why Britain's oldest Spiritualist newspaper was terminated with almost no notice.

[5] Although the primary focus of the Psychic News was always Spiritualism, and it was strongly associated with the SNU even before that organization acquired ownership of it, it was the policy of PN to cover a wide variety of subjects of interest to its readers.