Hearst Communications

American multinational mass media conglomerate group / From Wikipedia, the free encyclopedia

Dear Wikiwand AI, let's keep it short by simply answering these key questions:

Can you list the top facts and stats about Hearst Communications?

Summarize this article for a 10 years old


Hearst Communications, Inc., often referred to simply as Hearst, is an American multinational mass media and business information conglomerate based in Hearst Tower in Midtown Manhattan in New York City.[3]

Quick facts: Type, Industry, Founded, Founder, Headquarter...
Hearst Communications, Inc.
FoundedMarch 4, 1887; 136 years ago (1887-03-04)
San Francisco, California, United States
FounderWilliam Randolph Hearst
HeadquartersHearst Tower
300 W. 57th Street
New York, NY 10019
Key people
RevenueIncreaseUS$11.4 billion (2019)
OwnerHearst family
Number of employees
20,000 (2016)
  • Hearst Television
  • Hearst Magazines
  • Hearst Ventures
  • Hearst Business Media
  • Hearst Entertainment & Syndication
  • Hearst Newspapers
Footnotes / references

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] It also used to own 50% of Complex Networks in partnership with Verizon.

The conglomerate also owns several business-information companies, including Fitch Ratings and First Databank.[5]

The company was founded by William Randolph Hearst as an owner of newspapers, and the Hearst family remains involved in its ownership and management.[6]