Isaac Kaufmann Funk founded the business in 1875 as I.K. Funk & Company. In 1914, Robert Cuddihy acquired ownership of Funk & Wagnalls.
Wilfred J. Funk, the son of Isaac Funk, was president of the company from 1925 to 1940. At that point, he left to form his own company, Wilfred Funk, Inc. Funk & Wagnalls acquired Wilfred Funk, Inc. in 1953. In 1934, Funk & Wagnalls started the Literary Digest Books imprint. It launched with seven titles with up to twenty-five a year intended. The imprint lasted into mid-1935. The company sold
The Literary Digest to the
Review of Reviews in 1937. Unicorn Press (later known as the Standard Reference Work Publishing Co.) obtained the rights to publish the encyclopedia. By 1953 that firm began to sell the encyclopedia through a
supermarket continuity marketing campaign, In 1963,
Corinthian Broadcasting acquired Standard Reference Works. At the time Robert Cuddihy's son Paul was company chairman. In 1971, Funk and Wagnalls, was sold to Corinthian Broadcasting, now a subsidiary of
Dun & Bradstreet, which also owned the
Thomas Y. Crowell Co.. Dun and Bradstreet retained
Funk & Wagnalls New Encyclopedia, but sold Crowell to
Harper & Row in 1977. In 1991, the company was sold to K-III Holdings (now
Rent Group), and then in 1993 Funk & Wagnalls Corporation acquired the
World Almanac. In 1998, as part of the Information division of Primedia (now
Rent Group), the encyclopedia content appeared on the Web site "funkandwagnalls.com". This short-lived venture was shut down in 2001.
Ripplewood Holdings bought Primedia's education division in 1999, which became part of
Reader's Digest Association in 2007. In 2009, Funk & Wagnalls was acquired by
World Book Encyclopedia. ==Publications==