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Presser is one of the oldest classical music publishers in the country. Situated in Malvern, PA, the company maintains its own production, editorial, performance promotion and licensing as well as copyright departments as well as a full-service print shop. It also assists many orchestras, ensembles and universities throughout the world with its music rental and custom print departments. In October 1883, with $250 in cash, Presser started publishing The Etude music magazine in Lynchburg, Virginia. The immediate success of this magazine for piano teachers prompted him so that to seek larger publishing facilities in Philadelphia the next year, and to invent mail-order subscriptions for national sales.