![]() | |
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, NY 10019 U.S. |
Area served | Worldwide |
Key people |
|
Products | Books Magazines Newspapers Publications Television |
Revenue | ![]() |
Owner | Hearst family |
Number of employees | 20,000 (2016) |
Divisions |
|
Subsidiaries | |
Website | https://www.hearst.com/ |
Footnotes / references [1][2] |
Hearst Communications, Inc., often referred to simply as Hearst, is an American multinational mass media and business information conglomerate based in Hearst Tower in Midtown Manhattan in New York City.[3]
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.[4]
The conglomerate also owns several business-information companies, including Fitch Ratings and First Databank.[5]
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.[6]