Find out which corporations own the major news companies in the United States.
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The New York Times
The New York Times Company is an American multinational media conglomerate. The company is headquartered in Manhattan, New York City. The New York Times Company owns The New York Times, International Herald Tribune, The Boston Globe, 15 other newspapers, and more than 50 web sites, including NYTimes.com, BostonGlobe.com, and About.com. The company’s chairman and chief executive officer is Mark Thompson.
The New York Times Company
The New York Times Company is an American multinational media corporation founded in 1851 by Henry Jarvis Raymond and George Jones. The company’s headquarters is in Manhattan, New York City. It has nearly 885 million readers and subscribers around the world. The company owns more than 50 newspapers, magazines, and digital assets.
The Ochs-Sulzberger Family
The Ochs-Sulzberger family has controlled The New York Times for more than a century, and the family’s current members hold key positions within the company. Arthur Ochs Sulzberger Jr., the current chairman and publisher, is the son of Arthur Ochs Sulzberger Sr., who was the publisher from 1963 to 1992. Arthur Jr.’s sister, Carol Wallichs, is the company’s vice chairman.
The family also has a controlling interest in the company through Class B shares, which are not traded publicly and can only be transferred within the family. As of 2016, 10 members of the Ochs-Sulzberger clan held these shares. In addition to Arthur Jr. and Carol, they are: David Levy, Gail Gregg, Steven Rattner, Lynn Gould, Nancy Newhouse Gates, Cynthia Sherman Gabel,ichael Golden and Eric Miron.
The Washington Post
Amazon CEO Jeff Bezos bought The Washington Post for $250 million in cash from the Graham family on August 5, 2013. The sale included the newspaper and all related assets, including the website, washingtonpost.com. The Graham family had owned the newspaper for eight decades.
The Washington Post Company
The Washington Post Company is an American media company that owns several brands, including The Washington Post, Newsweek, and Slate. The company also owns a number of other businesses, includingKaplan, Inc., a educational test prep and tutoring company.
The Washington Post Company was founded in 1877 by Stilson Hutchins. The company’s first newspaper was The Washington Post, which was founded that same year. The company has been publicly traded on the New York Stock Exchange since 1971.
The current CEO of the Washington Post Company is Donald E. Graham. Graham is the son of Katharine Graham, who served as the CEO of the company from 1963 until her death in 2001. She took over the role after her husband, Philip L. Graham, committed suicide in 1963.
Under Katharine Graham’s leadership, The Washington Post played a significant role in exposing the Watergate scandal. This ultimately led to the resignation of President Richard Nixon in 1974.
The Graham Family
The Graham family owned The Washington Post for four generations until Jeff Bezos, the founder and CEO of Amazon, bought it in 2013. The sale ended the family’s controlling stake in the newspaper after nearly 80 years.
The Grahams were one of the most influential families in American journalism. Katharine Graham inherited The Washington Post from her father, Eugene Meyer, who bought the newspaper at a bankruptcy auction in 1933. Under her leadership, the Post became one of the most respected newspapers in the country. Her son, Donald Graham, took over as publisher in 1979 and led the paper through some of its most turbulent years, including the investigations into the Watergate scandal that led to President Richard Nixon’s resignation.
In 2013, Jeff Bezos bought The Washington Post for $250 million. He has vowed to invest in the newspaper and make it a thriving business again.
The Wall Street Journal
The Wall Street Journal is a newspaper that is published by Dow Jones & Company, a news corporation that is owned by Rupert Murdoch’s News Corporation. The Wall Street Journal has a circulation of over two million copies and is one of the most respected newspapers in the world.
Dow Jones & Company
Dow Jones & Company is a news and information conglomerate that has been in operation since 1882. The company is perhaps best known for its financial publications, including The Wall Street Journal and Barron’s, but it also owns a wide range of other media properties, such as MarketWatch, Dow Jones Newswires, Factiva, and BoardEx. In 2007, Dow Jones was acquired by News Corporation (now 21st Century Fox) in a deal valued at $5 billion.
Rupert Murdoch is the founder, chairman and chief executive of News Corp, the world’s second-largest media group by revenue after Comcast. He is also the founder of Fox Corporation, which houses Fox News, Fox Business Network and Fox Sports. Murdoch’s net worth is estimated at $13.6 billion.
The Los Angeles Times
The Los Angeles Times is a daily newspaper owned by tronc, Inc., a media company based in Chicago, Illinois. It was founded in 1881 by Harrison Gray Otis and is the paper of record for the city of Los Angeles and the surrounding counties. The Times has been owned by several different companies over the years, including the Tribune Company, the Times-Mirror Company, and the Sam Zell-led investment group.
The Los Angeles Times Company
The Los Angeles Times is a major American daily newspaper owned by the Los Angeles Times Company, a subsidiary of Tronc. It was founded in 1881 as the Los Angeles Daily Times under the direction of Nathan Cole Jr. and Thomas Gardiner. It was first printed on December 4, 1881, making it the self-proclaimed “oldest continuously published daily newspaper” in the United States. In 2017, the paper switched to a metered paywall model and began charging readers for digital access.
The Chandler Family
The Chandler family, who once owned the Los Angeles Times, is one of the most important media families in the United States. The family has been in the news business for generations, and their influence can still be felt today.
The family’s patriarch is Harry Chandler, who bought the Times in 1881. Under Harry’s ownership, the Times became one of the most respected newspapers in the country. His sons, Norman and Otis, took over the paper after Harry’s death in 1944.
Under Norman and Otis’s leadership, the Times won numerous journalism awards and played a major role in exposing many of California’s biggest scandals. The paper was also an early supporter of civil rights and racial equality.
In 1995, the Chandler family sold the Los Angeles Times to the Walt Disney Company. Today, the paper is owned by a holding company controlled by billionaire investor Patrick Soon-Shiong.
In short, six companies own the majority of the major news outlets in America. These companies are General Electric, News Corporation, Disney, Bertelsmann, AOL Time Warner, and Viacom. While these six companies own a variety of news outlets, they also have diverse interests in other areas. For example, General Electric also owns NBC Universal, which is a major film and television studio.