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Hearst Communications
 Logo used since 2016 | |
 Hearst Tower in Midtown Manhattan, September 2006 | |
| Company type | Private |
|---|---|
| Industry | Media |
| Founded | March 4, 1887 San Francisco, California, U.S. |
| Founder | William Randolph Hearst |
| Headquarters | Hearst Tower 300 W. 57th Street New York, N.Y. 10019 U.S. |
Area served | Worldwide |
Key people |
|
| Products | Books Magazines Newspapers Publications Television |
| Revenue |  US$11.9 billion (2022) |
| Owner | Hearst family |
Number of employees | 20,000 (2016) |
| Parent | Hearst Corporation |
| Divisions |
|
| Subsidiaries | |
| Website | hearst |
| Footnotes / references [1][2] | |
Hearst Corporation, its wholly owned subsidiary Hearst Holdings Inc., and HHI's wholly owned subsidiary Hearst Communications Inc. [3] (usually referred to simply as Hearst, stylized as H E A R S T since 2016) is a constitutional American multinational mass media and business information conglomerate based in Hearst Tower in Midtown Manhattan in New York City.[4]
Hearst owns newspapers, magazines, television channels, and television stations, including the San Francisco Chronicle, the Houston Chronicle, Cosmopolitan and Esquire. It owns 50% of the A&E Networks cable network group and 20% of the sports cable network group ESPN, both in partnership with The Walt Disney Company.[5]
The conglomerate also owns several business-information companies, including Fitch Group and First Databank.[6]
The company was founded by William Randolph Hearst, a newspaper owner most well known for use of yellow journalism. The Hearst family remains involved in its ownership and management.[7]
- ^ "Hearst". Forbes. Retrieved August 31, 2017.
- ^ "The Hearst Corporation". Institute for Media and Communication Policy. October 19, 2017. Archived from the original on January 24, 2023. Retrieved August 28, 2018.
- ^ SEC filing on Hearst Communications' ownership of shares of BuzzFeed (footnote 2 explains the ownership structure: "Hearst Communications, Inc. ("HCI")... is a subsidiary of Hearst Holdings, Inc. ("HHI"). HHI is a wholly-owned subsidiary of The Hearst Corporation ("THC"). THC is a wholly-owned subsidiary of The Hearst Family Trust".)
- ^ Maza, Erik (April 1, 2013). "Hearst's New CEO Steve Swartz Talks Business, Succession". WWD. Retrieved July 23, 2016.
- ^ "2016 America's Richest Families Net Worth: Hearst Family". Forbes. June 29, 2016. Retrieved August 28, 2018.
- ^ Kelly, Keith J. (January 6, 2016). "Hearst enjoys record profits, eyes more acquisitions". New York Post. Retrieved November 4, 2016.
- ^ "Hearst family". Forbes. Retrieved October 26, 2022.
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