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Hearst Tower, in September 2006
Hearst Tower, in September 2006

The Hearst Corporation is a privately-held American-based media conglomerate based in the Hearst Tower in New York City, USA. The United States of America —commonly referred to as the A media conglomerate describes companies that own large numbers of companies in various Mass media such as Television, Radio, Publishing, Hearst Tower in New York City, New York is located at 300 West 57th Street, 959 8th Avenue, near Columbus Circle. The media of New York City are internationally influential and include some of the most important newspapers largest publishing houses most prolific television studios and Founded by William Randolph Hearst as an owner of newspapers, the company's holdings now include a wide variety of media. For other people named William Randolph Hearst see William Randolph Hearst (disambiguation William Randolph Hearst I (April 29 1863 &ndash A newspaper is a written Publication containing News, information and Advertising, usually printed on low-cost paper called Newsprint. The Hearst family is involved in the ownership and management of the company.

Hearst Corporation is one of the largest diversified communications companies in the world. Its major interests include 15 daily and 31 weekly newspapers, including the Houston Chronicle, San Francisco Chronicle and Albany Times Union; as well as interests in an additional 44 daily and 38 non-daily newspapers owned by MediaNews Group, which include the Denver Post and Salt Lake Tribune; nearly 200 magazines around the world, including Cosmopolitan and O, The Oprah Magazine; 28 television stations through Hearst-Argyle Television which reach a combined 18% of U. The Houston Chronicle is the largest daily Newspaper in Texas, USA. The San Francisco Chronicle was founded in 1865 as The Daily Dramatic Chronicle by teenage brothers Charles de Young and Michael H The Times Union is a daily Newspaper, serving the Capital Region of New York state, United States. MediaNews Group, based in Denver Colorado, is one of the largest Newspaper companies in the United States. The Denver Post is a daily Newspaper and online website published in Denver Colorado. The Salt Lake Tribune is the largest-circulated daily newspaper in the U Cosmopolitan is the best-selling young women's magazine in the world O The Oprah Magazine, sometimes simply abbreviated to O, is a monthly magazine for women founded by Oprah Winfrey and Hearst Hearst-Argyle Television Inc ( is a broadcasting company in the United States. S. viewers; ownership in leading cable networks, including Lifetime Television, A&E Television Networks, The History Channel and ESPN; as well as business publishing, Internet businesses, television production, newspaper features distribution and real estate. Lifetime Television is an American Television network devoted to movies, sitcoms and Dramas all of which are either geared toward A&E (Arts & Entertainment Television Networks is a media company that owns several TV networks on cable and satellite. History, formerly known as The History Channel, is a Satellite and Cable TV channel, with shows on historical events and persons&mdashoften ESPN, originally an acronym for Entertainment and Sports Programming Network, is an American Cable television network dedicated to

Contents

Trustees of William Randolph Hearst's will (2003)

Under William Randolph Hearst's will, a common board of fourteen trustees--six family members and eight outsiders--administers the Hearst Foundation, the William Randolph Hearst Foundation, and the trust that owns (and selects the 21-member board of) the Hearst Corporation. The foundations shared ownership until tax law changed to prevent this. The present trustees are:

The trust dissolves when all family members alive at the time of Hearst's death in August 1951 have died. Actuarial tables have put this date at 2042 or 2043. [1]

History

In December 2003, Marvel Entertainment acquired Cover Concepts from Hearst Communications, Inc. Marvel Entertainment Inc ( is an American Entertainment company formed from the merger of Marvel Entertainment Group Inc [2]

Assets

Main article: List of assets owned by Hearst Corporation

A non-exhaustive list of its properties and investments includes:

Magazines

Newspapers

Weekly Newspapers

Television and Cable (investments)

Internet

Other

Antitrust allegations

On July 14, 2006, San Francisco businessman and real estate investor Clint Reilly filed a lawsuit against Hearst Corp. Television ( TV) is a widely used Telecommunication medium for sending ( Broadcasting) and receiving moving Images, either monochromatic A cable is one or more Wires or Optical fibers bound together typically in a common protective jacket or sheath A&E (Arts & Entertainment Television Networks is a media company that owns several TV networks on cable and satellite. NBC Universal is a media and Entertainment company formed in May 2004 by the combination of General Electric 's NBC with Vivendi Universal ESPN, originally an acronym for Entertainment and Sports Programming Network, is an American Cable television network dedicated to Hearst-Argyle Television Inc ( is a broadcasting company in the United States. For other uses see LES. Lifetime Entertainment Services is an American Entertainment industry company whose media New England Cable News, known on-air as "NECN", is a regional cable Television network serving the New England region of the Comcast Corporation ( is the largest Cable television company the second largest Internet service provider and (according to the company the fourth largest telephone UGO Entertainment is a website providing coverage of online media in entertainment targeting males age 18-34 Kaboodle is a Social shopping website where people discover recommend and share products The eCRUSH network comprises three major sites eCRUSHcom eSPINtheBottle King Features Syndicate, a Print syndication company owned by The Hearst Corporation, distributes about 150 Comic strips newspaper columns, Events 1223 - Louis VIII becomes King of France upon the death of his father Philip II of France. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. (owner of the San Francisco Chronicle) and MediaNews Group (owner of the San Jose Mercury News, Contra Costa Times, Marin Independent Journal, Oakland Tribune and all other paid-circulation dailies in the Bay Area), alleging that the two companies have been conspiring to control advertising rates, a violation of antitrust laws. The San Francisco Chronicle was founded in 1865 as The Daily Dramatic Chronicle by teenage brothers Charles de Young and Michael H MediaNews Group, based in Denver Colorado, is one of the largest Newspaper companies in the United States. The San Jose Mercury News is the major daily Newspaper in San Jose California and Silicon Valley. The Contra Costa Times is a daily Newspaper based in Walnut Creek California, U The Marin Independent Journal is the main Newspaper of Marin County California. The Oakland Tribune is a daily Newspaper published in Oakland California by the Alameda Newspaper Group, a subsidiary of MediaNews

In November 2006, Reilly's attorney presented to U. S. District Judge Susan Illston a letter from Hearst senior vice president James Asher to MediaNews President Jody Lodovic that said the two companies agreed to "offer national advertising and internet advertising sales for their San Francisco Bay area newspapers on a joint basis, and to consolidate the San Francisco Bay Area distribution networks of such newspapers . Susan Yvonne Illston is a San Francisco, California -based judge for the United States District Court for the Northern District of California in the . . " Illston, suggesting she had been misled by the companies when they said they had not been collaborating, issued a 14-page ruling[3] forbidding Hearst and MediaNews from working together on national advertising sales or distribution.

On December 21, 2006, the San Francisco Bay Guardian and nonprofit Media Alliance filed suit to make the details of Reilly's lawsuit -- and MediaNews and the Chronicle's response -- public. Events 69 - The end of the Year of the four emperors: Following Galba, Otho and Vitellius, Vespasian Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. The San Francisco Bay Guardian (also known as the SF Bay Guardian, Bay Guardian, and the Guardian) is a Media Alliance is a 33 year-old media resource and advocacy center for media workers non-profit organizations and social justice activists [4] As a result of the filing, many documents in the case were voluntarily disclosed by the defendants. The judge allowed redacted versions of two more documents to be released. She kept 17 others under seal. One of the documents unsealed was the deposition of Hearst's Asher, who says that as of September 2006, his company had recorded cumulative losses of $330 million on its investment in the Chronicle,[5] which it acquired in mid-2000. He said Hearst proposed selling the Chronicle to MediaNews, but MediaNews didn't offer enough money. Asher also said Hearst and MediaNews have discussed working together for years. Although the trial was scheduled to start Monday, April 30, 2007 in U. Events 313 - Roman emperor Licinius unifies the entire Eastern Roman Empire under his rule Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. S. District Court in San Francisco,[6] the parties announced on April 25, 2007 that a settlement had been reached. Events 1607 - Eighty Years' War: The Dutch fleet destroys the anchored Spanish fleet at Gibraltar. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. [7]

References

  1. ^ David Nasaw, The Chief: The Life of William Randolph Hearst (Mariner Books, 2001).
  2. ^ Marvel Acquires Cover Concepts to Extend Demographic Reach; Acquisition Extends Reach of Marvel's Publishing Operations to 30 Million Public School Children (html). BNet. Retrieved on 2008-05-14. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 1264 - Battle of Lewes: Henry III of England is captured in France making Simon de Montfort the
  3. ^ U. S. District Court [1] Order Re: Second Application for Temporary Restraining Order, November 28, 2006
  4. ^ Williamson, Kate. For the town in Argentina, see 28 de Noviembre. Events Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. San Francisco Examiner "Weekly, nonprofit sue to open records," December 22, 2006
  5. ^ Said, Carolyn. Events 1790 - The Turkish fortress of Izmail is stormed and captured by Suvorov and his Russian armies Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. San Francisco Chronicle, February 1, 2007. Events 1327 - Teenaged Edward III is crowned King of England, but the country is ruled by his mother Queen Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Hearst, MediaNews talks included possible sale of Chronicle"
  6. ^ San Francisco Examiner "MediaNews, Hearst trial set to proceed," February 9, 2007. Events 474 - Zeno crowned as co-emperor of the Byzantine Empire. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century.
  7. ^ Egelko, Bob. "Hearst, MediaNews Group settle Reilly suit", San Francisco Chronicle, 2007-04-25. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1607 - Eighty Years' War: The Dutch fleet destroys the anchored Spanish fleet at Gibraltar. Retrieved on 2007-05-30. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1416 - The Council of Constance, called by the Emperor Sigismund a supporter of Antipope John XXIII burns Jerome of Prague following  

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