The magazine was published by Stree

The magazine was published by Street & Smith, who had also sponsored the old-time mystery radio program. Over the course of 18 years, Street & Smith published 325 issues of The Shadow, each one containing a novel about the sinister crime fighter. These stories were written by Maxwell Grant, a fictional name created by the publishing company. Although several different people wrote under the pseudonym, Walter B. Gibson wrote most of the stories, 282 in all.

Most of the novels published have been reprinted in paperback and The Shadow adventures remain popular today, with Shadow comic books, magazines, toys, games, cds and cassettes of old-time radio shows, and books bringing top dollar among collectors the world over.