2 October 1950: Peanuts comic strip appears

On this day in 1950, Peanuts featuring Charlie Brown and Snoopy debuted in nine US newspapers. The cartoon would net creator Charles Schulz a fortune.

Peanuts comic strip © Fotos International/Courtesy of Getty Images
(Image credit: © Fotos International/Courtesy of Getty Images)

America has always had a strong regional and local press. At the peak of the newspaper industry in the early 1950s there were nearly 1,800 separate papers. To avoid wasteful duplication, and ensure that readers got national news, publishers would buy columns, features and even comics from agencies (the first agency was founded in 1865). This meant that successful writers and artists could make a lot of money if their work was used in papers across America.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

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