In a surprise move this past February, a new group called Must Read Magazines acquired five well-known genre magazines: Asimov's Science Fiction, Analog Science Fiction and Fact, The Magazine of Fantasy & Science Fiction, Alfred Hitchcock's Mystery Magazine and Ellery Queen's Mystery Magazine.
With the exception of Fantasy & Science Fiction, which was owned by Gordon Van Gelder, the magazines previously belonged to Penny Publications (which retains its large stable of puzzle and crossword magazines). The magazines' existing staffers have been retained by the new owner, and the magazines will continue to publish in print.
Per reporting in Locus Magazine, Must Read "is financially backed by a small group of genre fiction fans" headed by Steven Salpeter, formerly a literary agent at Curtis Brown. The magazines' new mastheads describe Must Read Magazines as a division of Must Read Books Publishing, which in turn is a division of 1 Paragraph Inc., a company incorporated in Delaware in May 2024 and registered in Florida in January 2025. Nearly five months after the acquisition, Must Read Books's website is still a placeholder, with a generic URL (bookpublishing.center) and a Norfolk VA address.






