Royalty Magazine or Royalty Monthly as it was originally called was founded in 1981 by journalist Bob Houston Houston had previously been the launch editor of Majesty Magazine, a similar publication. Royalty Magazine's launch coincided with the engagement of Prince Charles to Lady Diana Spencer in 1981. Houston himself was made personally bankrupt in 1998 .
The magazine is now edited by Marco Houston who is the son of the founder Bob Houston. The publisher of the magazine since 1993 has been Sena Julia Publicatus Ltd. Previous publishers have included Quavertree Limited and Bacall Limited. Both companies entered into insolvency and were eventually liquidated.
In 1988, the magazine's circulation was more than 40,000 in the United States. By 2007, it was stated that circulation in the United Kingdom was 6,000 but worldwide circulation was not disclosed.
Long Running Libel Action Is Lost
In 2010 the magazine's editor and publisher conceded defeat in a longrunning lawsuit begun in 2005 by Prince Radu of Romania. As well as giving a full apology to Prince Radu in the High Court in London, editor Marco Houston agreed to pay substantial damages to Prince Radu together with his legal costs. . In late 2012 Marco Houston announced he is publishing an account of the libel litigation with Prince Radu and the dispute within the Hohenzollern-Sigmaringen family.
Marco Houston versus Prince Paul of Romania
In 2010 Marco Houston was reported to have sued Paul-Philippe Hohenzollern also known as Prince Paul of Romania.  Paul-Philippe Hohenzollern. It was reported that Marco Houston had gained a court decision for a debt of 2 million euros. Prince Paul has denied the claim stating that it is Houston who in fact owes him money. He further said that he has a legal charge over property owned by Houston in London.
- Laing, Dave (2005-10-14). "Bob Houston". The Guardian (London). Retrieved 2010-05-22.
-  Two British monthly magazines that do nothing but follow the royal family are finding the United States market even more fertile than their home country's. Majesty and Royalty Monthly each sell more than 40,000 copies per issue in the United States, according to Disticor , which distributes both publications. That is significantly more than the number sold in Britain.
- Official website