l operation known as Hearst Magazines. He later produced othermagazines such as the Cosmopolitan, Harper’s Bazaar, Town and Country, House Beautiful andGood Housekeeping.Hearst continued his interests in communications and his company was the first print-mediacompany to enter the radio broadcasting business in the 1920s. He was a major producer of movienewsreels and started the legendary newsreel production company, Hearst Metrotone News in 1929. Then in the 1940s, he entered the television business. At the peak of his fortune in 1935, he ownedtwenty-eight major newspapers, eighteen magazines, several radio stations, movie productioncompanies and news services. Meanwhile, Hearst, like his father, had political ambitions. He was elected twice as aDemocrat into the United States House of Representatives to represent New York from 1903 to1907. In 1904, he strived for the Democratic nomination for President but failed to win. He ran forthe mayor of New York City in 1905 but fell three thousand votes short for the win. His request tobecome governor of New York in 1906 failed. He lost to Charles Evans Hughes. Once again,Hearst ran for the mayor of New York City in 1909 and suffered a huge defeat. He could not attainthe offices he sought including the nomination for senator from New York in 1922.In 1927, he gave up on New York and moved to his enormous estate to California. This240,000-acre estate, in San Simeon, was considered one of the most lavish private dwellings in theUnited States. Built in the 1920s, the estate fronted by fifty miles of ocean water, four majesticcastles, containing a vast and priceless collection of antiques and art objects that he had brought infrom Europe and all over the world. But the Great Depression of the 1930s seriously weakened hisfinancial status. He had to sell faltering newspapers and magazines. By 1937, he was forced tobegin selling off some of his priceless art collection. After 19...
