Classified Ventures
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Classified Ventures
Classified Ventures, LLC was a very successful Chicago-based digital media company. The company was established to capitalize on the revenue growth opportunities in the online classified advertising categories of automotive and rentals. It was a joint venture among six major newspaper publishers: Central Newspapers, A. H. Belo, Gannett Company, The McClatchy Company, Tribune Company, and Graham Holdings Company It was the owner and operator of two leading national online brands: Apartments.com (now part of CoStar Group Inc. NYSE:CSGP) and Cars.com (now NYSE:CARS). In April 2014, Apartments.com and its associated sites were sold to CoStar Group for $585 million. On August 5, 2014, Gannett announced that it would buy out the other owners' 72% combined stake in Classified Ventures for $1.8 billion, valuing Cars.com at $2.5 billion. The acquisition was closed on October 1, 2014. The sale of Apartments.com and Cars.com allowed Classified Ventures to return over $3.5 billion to i ...
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Advertising
Advertising is the practice and techniques employed to bring attention to a product or service. Advertising aims to put a product or service in the spotlight in hopes of drawing it attention from consumers. It is typically used to promote a specific good or service, but there are wide range of uses, the most common being the commercial advertisement. Commercial advertisements often seek to generate increased consumption of their products or services through "branding", which associates a product name or image with certain qualities in the minds of consumers. On the other hand, ads that intend to elicit an immediate sale are known as direct-response advertising. Non-commercial entities that advertise more than consumer products or services include political parties, interest groups, religious organizations and governmental agencies. Non-profit organizations may use free modes of persuasion, such as a public service announcement. Advertising may also help to reassure employees ...
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Tribune Company
Tribune Media Company, also known as Tribune Company, was an American multimedia conglomerate headquartered in Chicago, Illinois. Through Tribune Broadcasting, Tribune Media was one of the largest television broadcasting companies, owning 39 television stations across the United States and operating three additional stations through local marketing agreements. It owned national basic cable channel/superstation WGN America, regional cable news channel Chicagoland Television (CLTV) and Chicago radio station WGN. Investment interests include the Food Network, in which the company had a 31% share. Prior to the August 2014 spin-off of the company's publishing division into Tribune Publishing, Tribune Media was the nation's second-largest newspaper publisher behind the Gannett Company, with ten daily newspapers, including the ''Chicago Tribune'', ''Los Angeles Times'', ''Orlando Sentinel'', '' Sun-Sentinel'' and ''The Baltimore Sun'', and several commuter tabloids. In 2007, i ...
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Tegna, Inc
Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia. It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. Tegna comprised the more profitable broadcast television and digital media divisions of the old Gannett, while Gannett's publishing interests were spun off as a "new" company that retained the Gannett name. Tegna owns or operates 66 television stations in 54 markets, and holds properties in digital media. In terms of audience reach, Tegna is the largest group owner of NBC-affiliated stations, ahead of Hearst Television and Sinclair Broadcast Group, and the fourth-largest group owner of ABC affiliates, behind Hearst, the E. W. Scripps Company, and Sinclair. Tegna also owns three digital multicast networks (True Crime Network, Quest, and Twist). History In June 2015, Gannett spun off its broadcasting division. ...
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Earnings Before Interest, Taxes, Depreciation And Amortization
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing, lease expenses, and obligations to governments. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC and the SEC hence requires that companies registering securities with it (and when filing its periodic reports) reconcile EBITDA to net income. Usage and criticism EBITDA is widely used when assessing the performance of a company. EBITDA is useful to assess the underlying profitability of the operating businesses ...
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CoStar Group
CoStar Group, Inc. is a Washington, DC-based provider of information, analytics and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. Founded in 1987 by Andrew C. Florance, the company has grown to include online database CoStar and many online marketplaces, including Apartments.com, LoopNet, Lands of America, and BizBuySell. History CoStar Group was founded in 1987 by Andrew C. Florance in Washington, D.C. It was reportedly one of the first companies that digitized and aggregated property data, before the Internet was widely available. In 1998, the company became a public company via an initial public offering on the NASDAQ, raising $22.5 million. In 2004, ''CoStar Group, Inc. v. LoopNet, Inc.'' became a landmark case in copyright law, about the role of an Internet Service Provider (ISP) in monitoring copyrighted content posted on its servers. In October 2009, the company acquired a building in ...
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San Francisco Chronicle
The ''San Francisco Chronicle'' is a newspaper serving primarily the San Francisco Bay Area of Northern California. It was founded in 1865 as ''The Daily Dramatic Chronicle'' by teenage brothers Charles de Young and M. H. de Young, Michael H. de Young. The paper is owned by the Hearst Corporation, which bought it from the de Young family in 2000. It is the only major daily paper covering the city and county of San Francisco. The paper benefited from the growth of San Francisco and had the largest newspaper circulation on the West Coast of the United States by 1880. Like other newspapers, it experienced a rapid fall in circulation in the early 21st century and was ranked 18th nationally by circulation in the first quarter of 2021. In 1994, the newspaper launched the SFGATE website, with a soft launch in March and official launch November 3, 1994, including both content from the newspaper and other sources. "The Gate" as it was known at launch was the first large market newspaper ...
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Graham Holdings Company
Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of ''The Washington Post'' newspaper and ''Newsweek'' magazine. Its current holdings include the digital marketing company SocialCode, the online magazine ''Slate'', Graham Media Group (formerly Post-Newsweek Stations), a group of seven television stations, higher education company Kaplan, content and marketplace company Leaf Group, and the now-defunct Trove (formerly WaPo Labs)—the developers of a news reader app. Graham Holdings Company also owned cable television and internet service provider Cable One until it was spun off in 2015. Corporate history The history of Graham Holdings Company dates back to 1877, when the ''Post'' was first published. The Washington Post Company was incorporated in the District of Columbia in 1889, and remained a District of C ...
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The McClatchy Company
The McClatchy Company, commonly referred to as simply McClatchy, is an American publishing company incorporated under Delaware's General Corporation Law and based in Sacramento, California. It operates 29 daily newspapers in fourteen states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million. In 2006, it purchased Knight Ridder, which at the time was the second-largest newspaper company in the United States (Gannett was, and remains, the largest). In addition to its daily newspapers, McClatchy also operates several websites and community papers, as well as a news agency, McClatchy DC Bureau, focused on political news from Washington, D.C. In February 2020, the company filed for Chapter 11 bankruptcy, intending to reorganize and complete the bankruptcy process within a few months. In July 2020, Chatham Asset Management, a hedge fund, won the auction to buy McClatchy for US$312 million. History The company originated with '' The Daily Bee' ...
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Gannett Company
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.Tysons Corner CDP, Virginia
." '' United States Census Bureau''. Retrieved May 7, 2009.
It is the largest U.S. newspaper publisher as measured by total daily circulation. Massive layoffs and cessation of newspapers occurrred in November and December, 2022. It owns the



Central Newspapers
Central is an adjective usually referring to being in the center of some place or (mathematical) object. Central may also refer to: Directions and generalised locations * Central Africa, a region in the centre of Africa continent, also known as Middle Africa * Central America, a region in the centre of America continent * Central Asia, a region in the centre of Eurasian continent * Central Australia, a region of the Australian continent * Central Belt, an area in the centre of Scotland * Central Europe, a region of the European continent * Central London, the centre of London * Central Region (other) * Central United States, a region of the United States of America Specific locations Countries * Central African Republic, a country in Africa States and provinces * Blue Nile (state) or Central, a state in Sudan * Central Department, Paraguay * Central Province (Kenya) * Central Province (Papua New Guinea) * Central Province (Solomon Islands) * Central Province, Sri Lank ...
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Classified Advertising
Classified advertising is a form of advertising, particularly common in newspapers, online and other periodicals, which may be sold or distributed free of charge. Classified advertisements are much cheaper than larger display advertisements used by businesses, although display advertising is more widespread. They were also commonly called "want" ads, starting in 1763, and are sometimes called small ads in Britain. Newspaper classifieds Advertisements in a newspaper are typically short, as they are charged for by the line or word, and are one newspaper column wide. Publications printing news or other information often have sections of classified advertisements; there are also publications that contain only advertisements. The advertisements are grouped into categories or ''classes'' such as "for sale—telephones", "wanted—kitchen appliances", and "services—plumbing", hence the term "classified". Classified ads generally fall into two types: individuals advertising sales o ...
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