[42], In January 2017, Hearst announced that it had acquired a majority stake in Litton Entertainment. It was an inside job. William Randolph Hearst (d. 1951), the son of a successful miner, became proprietor of The San Francisco Examiner at age 24 in 1887. Hearst Corporation . As massive parcels - from ranches to timberland - become increasingly rare, these hard assets are rising in value. The Great Depression hurt Hearst and his publications. The company sold the latter paper in 1956 to the Chicago Tribune's owners, who changed it to the tabloid-size Chicago Today in 1969 and ceased publication in 1974). Who owns the San Francisco Examiner? [13], Hearst bought the Atlanta Georgian in 1912,[14] the San Francisco Call and the San Francisco Post in 1913, the Boston Advertiser and the Washington Times (unrelated to the present-day paper) in 1917, and the Chicago Herald in 1918 (resulting in the Herald-Examiner). Hearst Communications, Inc., often referred to simply as Hearst, is an American multinational mass media and business information conglomerate based in the Hearst Tower in Midtown Manhattan, New York City. Bertelsmann Digital Media Investments and Bessemer Venture. 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. The San Francisco Examiner is now published as a daily freesheet. In 1960, Hearst also sold the Pittsburgh Sun-Telegraph to the Pittsburgh Post-Gazette and the Detroit Times to The Detroit News. Today’s Gold Rush is for tech riches, but most of the wealthiest families in the West didn’t make their money tech. In 1953 Hearst Magazines bought Sports Afield magazine, which it published until 1999 when it sold the journal to Robert E. Petersen. 's 'Monarch of the Dailies' / Hearst media empire started with Examiner", "The Mistress, the Magnate, and the Genius", "The Last Los Angeles Herald-Examiner Strike", "Donald Fine, 75, Publisher Of Suspenseful Best Sellers", "Murdoch, Hearst agree on sale of Boston Herald American", "Is the world's first media group now the best? The Jack Ranch comprises most of Rancho Cholame, an 1844 land grant, plus additional lands. It is a joint venture between Disney and Hearst Corporation, which owns 20%. 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. Step 2: Attract assets. Hearst Corporation . Steven R. Swartz to Succeed Frank A. Bennack, Jr. as Hearst Corporation's CEO in June 2013. Major interests include TV network ESPN, financial information provider Fitch Group and 300-plus magazines including Cosmopolitan and Elle. Know something we don't about Who Owns What? The 25 wealthiest families in America are worth an estimated $772 billion, down $11 billion from a year ago. The Leukemia & Lymphoma Society BrandVoice, Billion-Dollar Clans: America's 25 Richest Families 2016, These Are The Biggest Landowners Among America's Richest Families, As Media Companies Struggle, America's Richest Family Owners Are Jumping Ship, Tracking The Fortunes Of America's Richest Families: The States With The Most Billion-Dollar Clans, Billionaires, Block By Block: Forbes Maps NYC's Richest Namesakes, Media Billionaires on the Move: Diller Rises, Dolan Falls, Wright's NBC Universal To Buy IVillage For $600M. It reached the first agreement with the DeYoung family, proprietors of the afternoon San Francisco Chronicle, which began to produce a joint Sunday edition with the Examiner. In 1993, Hearst sold its Avon and Morrow book publishing activities to HarperCollins. [ 21 ] [ ]! 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