The story
Founded by Bennett Cerf in 1961.1
The school was founded by Bennett Cerf, a Random House editor and well-known television personality, Gordon Carroll, an occasional editor for Reader's Digest, and Albert Dorne, an illustrator whose school, the Famous Artists School, owned Famous Writers. It began operations in 1961, based in Westport, Connecticut. The ubiquitous advertising copy for the school, which was often found in the back of magazines, listed the following writers (who were also stockholders) as the school's "Guiding Faculty": Faith Baldwin, John Caples, Bruce Catton, Bennett Cerf, Mignon G. Eberhart, Paul Engle, Bergen Evans, Clifton Fadiman, Rudolf Flesch, Phyllis McGinley, J. D. Ratcliff, Rod Serling, Max Shulman, Red Smith and Mark Wiseman. Cerf is quoted in the advertisements as saying: "We approached representative writers, the best we could get in each field: fiction, advertising, sports writing, television. The idea was to give the school some prestige."
Between 1960 and 1969, revenue from tuition increased from $7 million to $48 million, and the stock increased in value from $5 to $40. Radio spots featuring Guiding Faculty, including Baldwin and Eberhardt, being interviewed by Cerf were aired. By 1964, they were offering four different programs: fiction, non-fiction, advertising, and business writing.
From Wikipedia’s article on Famous Writers School, shared under CC BY-SA 4.0.3