On June 29, 1961, the company became known as National Periodical Publications. On September 30, 1946, these two companies merged to become National Comics Publications. In January 1938, Wheeler-Nicholson sold his stake in National Allied Publications and Detective Comics to Donenfeld and Liebowitz as part of a bankruptcy settlement. Due to financial difficulties, Wheeler-Nicholson formed a corporation with Harry Donenfeld and Jack Liebowitz called Detective Comics, Inc. National Allied Publications was founded in 1934 by Malcolm Wheeler-Nicholson. This began a long chain of legal battles over ownership, royalties, and credit that would continue after their deaths.īackground DC Comics corporate history
After Superman became an unexpected success, the pair attempted to recover the rights to the character. In 1938, they sold the character to Detective Comics, Inc. In the early 1930s, Jerry Siegel and Joe Shuster developed the fictional comic book character of Superman.
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