Hearst Communications

Hearst Communications, Inc.
	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	William Randolph Hearst III; (chairman); Frank A. Bennack Jr.; (executive vice chairman); Steve Swartz; (president and CEO);
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	Hearst Television; Hearst Magazines; Hearst Ventures; Hearst Business Media; Hearst Entertainment & Syndication; Hearst Newspapers;
Subsidiaries	A+E Networks (50%); ESPN Inc. (20%); Fitch Ratings; First Databank; King Features Syndicate; NorthSouth Productions (50%);
Website	hearst.com
	Footnotes / references;

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) constitute an 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 Ratings 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. 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.

[Forbes-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] 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".)

[4] Maza, Erik (April 1, 2013). "Hearst's New CEO Steve Swartz Talks Business, Succession". WWD. Retrieved July 23, 2016.

[5] "2016 America's Richest Families Net Worth: Hearst Family". Forbes. June 29, 2016. Retrieved August 28, 2018.

[6] Kelly, Keith J. (January 6, 2016). "Hearst enjoys record profits, eyes more acquisitions". New York Post. Retrieved November 4, 2016.

[7] "Hearst family". Forbes. Retrieved October 26, 2022.

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