Hearst Communications
American multinational mass media conglomerate group / From Wikipedia, the free encyclopedia
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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]
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 Hearst Tower in Midtown Manhattan, September 2006 | |
| Type | Private |
|---|---|
| Industry | Media |
| Founded | March 4, 1887; 136 years ago (1887-03-04) San Francisco, California, United States |
| Founder | William Randolph Hearst |
| Headquarters | Hearst Tower 300 W. 57th Street New York, NY 10019 U.S. |
Area served | Worldwide |
Key people |
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| Products | Books Magazines Newspapers Publications Television |
| Revenue |  US$11.4 billion (2019) |
| Owner | Hearst family |
Number of employees | 20,000 (2016) |
| Divisions |
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| Subsidiaries | |
| Footnotes / references [1][2] | |
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] It also used to own 50% of Complex Networks in partnership with Verizon.
The conglomerate also owns several business-information companies, including Fitch Ratings and First Databank.[5]
The company was founded by William Randolph Hearst as an owner of newspapers, and the Hearst family remains involved in its ownership and management.[6]