Subsidiaries, successors or surrogates?

Comic Hits 13: 1953 (Red Circle, Sydney)

Based on the links with Magazine Management, it is likely a group of obscure and largely undocumented 'companies' are closely associated with Ayers & James, continuing its legacy into the 1950s, even up to the late 1970s.

Teena Comics 1: 1955 (Approved Publications, Sydney)

While no irrefutable documentary evidence is known, there is a strong rationale for including six other publishers in a group with Ayers & James:

Famous Yank Comics 1: 1953 (Rosnock, Sydney)

• The Red Circle Press: Identified by John Ryan. Located at 149 Castlereagh Street. Some comics include the "Parent Approved" logo. Has a distinctive cover style common to many of these comics, including a cover date.
• Approved Publications: Identified by John Ryan. The publisher of some series appears to change over time from Red Circle Press to Approved Publications. Includes or reports work done by Jayar Studios. Has a distinctive cover style common to many of these comics, including a cover date.
• Illustrated Publications: Identified by John Ryan. Has a distinctive cover style common to many of these comics, including a cover date. Includes or reports work done by Jayar Studios.
• Junior Readers' Press: Identified by John Ryan. Some comics include the "Parent Approved" logo. Has a distinctive cover style common to many of these comics, including a cover date. The company appears to continue a feature from Approved Publications. Some comics include the "ACE" logo.
• Rosnock Pty. Ltd.: Continued Ayers & James' distinctive Famous Yank Comics and Popular Yank Comics titles, including US Quality Comics characters from Police Comics. Located at 149 Castlereagh Street. Has a distinctive cover style common to many of these comics, including a cover date. The publisher of some series changes over time from Red Circle Press to Rosnock.
• Jubilee Publications: Located at 149 Castlereagh Street. Includes or reports work done by Jayar Studios. Has a distinctive cover style common to many of these comics, including a cover date.

Teena The Madcap Teenager! 1: 1956 (Junior Readers Press, Sydney)

There also other undocumented comics likely to be published by the Ayers & James/Magazine Management group. The publisher is not known for all comics with an "ACE" and/or "Parent Approved" logo (see, for example Felix the Cat). Other comics reported to be published by Associated Newspapers Ltd have similar distinctive covers with dates—although Associated Newspapers could just be a printer, not the publisher.¹

Felix the Cat 2: 1956 ('ACE', publisher uncertain)

It's not known how these companies are associated. They could have been take-overs, acquisitions, operating divisions, successors, subsidiary companies, or even 'surrogates'. In the US, some companies used a range of 'surrogates' to access scarce paper allocations and produce comics during the war. It is possible these companies operated in a similar way to distance Ayers & James's 'respectable' operations from comics.

It is also possible that Magazine Management was publishing companies on behalf of other orgainsations, such as Associated Newspapers. It could have been a supplier of foreign import material for other companies, or was in some way responsible for Jayar Studios, helping to produce or print the comics.