By 1960, annual revenue of $7 million was eight times the sales of 1950. In the 1960s, the growth continued with the addition of Famous Photographers and an especially popular course, Famous Writers. European sales grew rapidly. By 1967, one officer said "we will soon have an empire on which the sun never sets." But acquisitions unrelated to art swelled the company's indebtedness, and a savage article by Jessica Mitford ripped Famous Writers for deceptive advertising and overblown promises.[1] In 1972 the company filed for bankruptcy.
The Famous Artists School was acquired by Cortina Learning International of Wilton, Connecticut, in 1981.
According to a message displayed on the school's website, the school closed as of December 31, 2016. Textbooks are still offered for sale.[4]
Original courses
The original course offered in 1948 was Illustration & Design, with Painting and Cartooning added in the 1950s. The Painting and Illustration & Design courses, which are still offered, consisted of 24 lessons, with a new lesson mailed to the student upon completion of the previous lesson. When a student completed and returned the assignment, it was critiqued by a professional artist who sent suggestions to the student.
The original 1948 price for the three-year course was $200, payable at once or in monthly installments, and veterans could use the GI Bill.[5] By the 1950s the price was $300, plus an estimated $11.55 for basic oil painting supplies.[6]
Worth, Stephen (January 15, 2014). "Instruction: Chad's Design For Television". Animation Resources, Inc.. Sample pages and discussion of volume 24 of the 1960 (second) edition of the Famous Artists Course, Television art, written by former Disney Studios animator and first (1938) television commercial producer, Chad Grothkopf.