Munsey's Magazine was an American magazine founded by Frank Munsey. Originally launched in 1889 as Munsey's Weekly, a humorous magazine, edited by John Kendrick Bangs, it was not successful, and by late 1891 had lost $100,000. Munsey converted it to a general illustrated monthly in October of that year, retitled Munsey's Magazine and priced at twenty-five cents. Richard Titherington became the editor, and remained in that role for the rest of the magazine's existence. In 1893 Munsey reduced the price to ten cents : this brought him into conflict with the American News Company, which had a near-monopoly on magazine distribution, as they were unwilling to handle the magazine at the cost Munsey asked for. Munsey started his own distribution company and was quickly successful: the first issue at ten cents began with a print run of 20,000 copies but eventually sold 60,000, and within a year circulation had risen to over a quarter of a million issues.