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The Washington Post Company
From Wikipedia, the free encyclopedia
| The Washington Post Company | |
|---|---|
 |
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| Type | Public (NYSE: WPO) |
| Founded | 1947 (Washington Post founded in 1877) |
| Headquarters | Washington, D.C. |
| Key people | Donald Graham, Chairman & CEO |
| Industry | Media |
| Products | Newspapers Magazines Television Educational Services |
| Revenue |  $3.905 billion USD (2006) |
| Employees | 16,500 |
| Website | www.washpostco.com |
The Washington Post Company (NYSE:WPO) is an American media company, best known for owning the newspaper it is named after, The Washington Post, and Newsweek magazine. It also owns or partly owns a number of television stations, web sites, a suburban Maryland chain of community newspapers, a cable-television company, a daily newspaper in Everett, Washington, and Kaplan, a leading global provider of educational services.
The Washington Post Company history dates back to 1877, when the Post was first published. The Washington Post Company was incorporated in the District of Columbia in 1889[1], and remained a District of Columbia corporation until it changed its state of incorporation to Delaware in 2003.[2] It is a public company, trading on the New York Stock Exchange under the ticker symbol WPO, and went public in 1971. It is headquartered in Washington, D.C. Apart from the family of Katharine Graham, Berkshire Hathaway is also a substantial shareholder.
Contents |
- The Washington Post
- The Herald - Everett, Washington
- Express - A free daily commuter paper in the Washington D.C. Metro Area.
- The Gazette (35 weekly newspapers and a subscription-based state-wide weekend business and politics newspaper, in Maryland; plus military newspapers and suburban Maryland real estate guides)
- Greater Washington Publishing
The official name of the broadcast division, dating back to the 1970s, is Post-Newsweek Stations and is one of two divisions not based out of Washington (see below). Post-Newsweek stations currently owns 6 VHF stations, all in the Top 50 markets. All the stations are branded under the "Local Mandate," which happens to be a station standardization adopted by Post-Newsweek. (examples: KPRC is "Local 2" and WPLG is "Local 10").
| Current DMA# | Market | Station | Channel (DT) | Current Affiliation | Acquired | Notes |
| 10. | Houston, Texas | KPRC-TV | 2 (35) | NBC | 1994 | |
| 11. | Detroit, Michigan | WDIV | 4 (45) | NBC | 1978 | Flagship |
| 16. | Miami, Florida | WPLG | 10 (9) | ABC | 1969 | Calls are tribute to Philip L. Graham, developer of Miami Lakes |
| 19. | Orlando, Florida | WKMG-TV | 6 (26) | CBS | 1997 | Calls are tribute to Katherine Graham (was WCPX until 1998) |
| 37. | San Antonio, Texas | KSAT | 12 (48) | ABC | 1994 | |
| 49. | Jacksonville, Florida | WJXT | 4 (42) | Independent | 1959 | Was CBS until 2002 |
Post-Newsweek also owned two other television stations in the past, ironically both were at one time or another company flagships.
| Current DMA# | Market | Station | Channel | Affiliation | Owned by WPO/PNS | Current Owner | Notes |
| 9. | Washington, D.C. | WTOP-TV | 9 | CBS | 1948-78 | Gannett | First WDVM, now WUSA, flagship/headquarters until 1980s |
| 29. | Hartford, Connecticut | WFSB | 3 | CBS | 1974-97 | Meredith | Flagship 1980s-1997 (and headquarters until 2000) |
- Kaplan, Inc. - Kaplan is a leading global provider of educational services for individuals, schools, and businesses. Headquartered in New York City under the leadership of CEO Jonathan Grayer, Kaplan had nearly $1.7 billion in revenue in 2006 and is The Washington Post Company’s fastest growing division and largest revenue producer.
- ^ District of Columbia Corporation records show the original Washington Post Company was registered as a domestic corporation in 1889
- ^ District of Columbia Corporation records show the original DC-based corporation's charter was revoked in 2003 and replaced by a Delaware-based foreign corporation.