Hearst Communications

Hearst Communications, Inc.
	Hearst Tower in Midtown Manhattan, September 2006
Formerly	Hearst Corporation (1887-2016)
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	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)
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 Communications, Inc. (often referred to simply as Hearst and formerly known as Hearst Corporation) 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]

^ "Hearst". Forbes. Retrieved August 31, 2017.
^ "The Hearst Corporation". Institute for Media and Communication Policy. October 19, 2017. Retrieved August 28, 2018.
^ 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] 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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