Hearst Communications

Hearst Communications, Inc.
Company typePrivate
IndustryMedia
FoundedMarch 4, 1887 (1887-03-04)
San Francisco, California, U.S.
FounderWilliam Randolph Hearst
HeadquartersHearst Tower
300 W. 57th Street
New York, NY 10019
U.S.
Area served
Worldwide
Key people
ProductsBooks
Magazines
Newspapers
Publications
Television
RevenueIncreaseUS$11.4 billion (2019)
OwnerHearst family
Number of employees
20,000 (2016)
Divisions
  • Hearst Television
  • Hearst Magazines
  • Hearst Ventures
  • Hearst Business Media
  • Hearst Entertainment & Syndication
  • Hearst Newspapers
Subsidiaries
Websitehttps://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]

  1. ^ "Hearst". Forbes. Retrieved August 31, 2017.
  2. ^ "The Hearst Corporation". Institute for Media and Communication Policy. October 19, 2017. Retrieved August 28, 2018.
  3. ^ Maza, Erik (April 1, 2013). "Hearst's New CEO Steve Swartz Talks Business, Succession". WWD. Retrieved July 23, 2016.
  4. ^ "2016 America's Richest Families Net Worth: Hearst Family". Forbes. June 29, 2016. Retrieved August 28, 2018.
  5. ^ Kelly, Keith J. (January 6, 2016). "Hearst enjoys record profits, eyes more acquisitions". New York Post. Retrieved November 4, 2016.
  6. ^ "Hearst family". Forbes. Retrieved October 26, 2022.

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