Topic summary
The Magazine of Fantasy and Science Fiction

Extracted from the Wikipedia article The Magazine of Fantasy & Science Fiction.
Lawrence Spivak
The first issue, published by Fantasy House, a subsidiary of American Mercury, sold 57,000 copies, which was less than Spivak had hoped for, but in November he gave Boucher and McComas the go-ahead for another issue. The title was changed to The Magazine of Fantasy and Science Fiction (almost always abbreviated to F&SF by both fans and science fiction historians) to reflect the contents. Sales of the second issue were strong enough for Spivak to commit further, and the magazine's future became more assured, despite the difficulties caused by the fact that both Boucher and McComas lived on the west coast, whereas the magazine's publishing offices were in New York. The publishing schedule moved to bimonthly with the December 1950 issue. The pay rate for the early issues was two cents per word, or $100 for short pieces, which was competitive with Astounding Science Fiction, the leading sf magazine of the day. By 1953 the rates had changed to three-and-a-half cents per word for stories under 3,000 words.