August Hugo Friedrich Scherl founded a newspaper and publishing concern on 1 October 1883, which from 1900 carried the name . He was editor of the
Berlin Local Advertiser (
Berliner Lokal-Anzeiger) since 3 November 1883, and his publishing house started the weekly magazine
Die Woche (The Week) in 1899. In 1904 he took over publication of the widely popular magazine
Die Gartenlaube. As a result, his publishing company had the largest circulation of any in Germany at the time. In 1909 he developed a monorail system for Germany in his book
A New Rapid Transit System. His expensive newspaper projects were not economically successful, so in 1913, Scherl informed Chancellor Bethmann-Hollweg that he was going to sell his company's shares. The company was eventually purchased by and the
Cologne financier of
Deutscher Verlagsverein with financing of 8 million marks. On February 5, 1914, Scherl resigned from the management, selling his shares in the German Publishers Association. His nationwide newspaper empire was taken over by
Alfred Hugenberg in 1916, and later by
Max Amann (
Franz-Eher-Verlag). The
General-Anzeiger-Presse (General Advertiser Press) in Germany was founded by Scherl. == Publications by Scherl ==