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The company revenue had grown to US$50 million by 1981, and $100 million by 1988. [7] In 1967 PCH ran its first sweepstakes as a way to increase subscription sales, [10] based on the sweepstakes held by Reader's Digest. [5] The first prizes ranged from $1 to $10 and entrants had a 1 in 10 chance of winning.
Jun. 29—Scammers are using a Publisher Clearing House ruse as the latest tactic to take people's money. Publishers Clearing House sweepstakes are legitimate, however, scammers have honed in on a ...
The company responsible for the “win $1,000 per week for life” commercials has agreed to pay a hefty $18.5 million settlement, ... Separate sweepstakes and sales: PCH must clearly identify and ...
Founded in 1977, American Family Publishers (AFP) was one of America's leading marketers of magazine subscriptions. AFP was jointly owned by TAF Holdings, Inc. (a subsidiary of Time Inc.) and a group of private investors. It is best known for running sweepstakes in which a large amount of money was offered as the grand prize (in a range of ...
Sweepstake. In the United States, a sweepstake is a type of contest where a prize or prizes may be awarded to a winner or winners. [ 1] Sweepstakes began as a form of lottery that were tied to products sold. [ 2] In response, the FCC and FTC refined U.S. broadcasting laws (creating the anti-lottery laws). [ 3]
Publishers Clearing House agreed to pay $3.5 million, not to a lucky prize winner, but to a collection of states that accused the marketing company of once again misleading consumers. A decade ...
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