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Philadelphia Media Holdings
Philadelphia Media Holdings LLC was an American holding company located in Philadelphia, Pennsylvania, United States. Founded by Brian Tierney in 2006, the company owned ''The Philadelphia Inquirer'' and '' Philadelphia Daily News''. After The McClatchy Company bought Knight Ridder in 2006, it announced it would sell, among other newspapers, ''The Philadelphia Inquirer'' and ''Philadelphia Daily News''. Interested in buying the papers, Brian Tierney assembled a group of Philadelphia businesspeople and investors to make a bid. In May 2006 Philadelphia Media Holdings bought the papers for $515 million plus the assumption of the newspapers' liabilities. Declining circulation and ad revenue for ''The Inquirer'' and ''Daily News'' caused financial strain, which resulted in the filing for Chapter 11 bankruptcy protection. The company's creditors acquired the newspapers at auction and established a new holding company, Philadelphia Media Network, in 2010. History Founding In 2005, media ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Philadelphia Inquirer
''The Philadelphia Inquirer'' is a daily newspaper headquartered in Philadelphia, Pennsylvania. The newspaper's circulation is the largest in both the U.S. state of Pennsylvania and the Delaware Valley metropolitan region of Southeastern Pennsylvania, South Jersey, Delaware, and the northern Eastern Shore of Maryland, and the 17th largest in the United States as of 2017. Founded on June 1, 1829 as ''The Pennsylvania Inquirer'', the newspaper is the third longest continuously operating daily newspaper in the nation. It has won 20 Pulitzer Prizes . ''The Inquirer'' first became a major newspaper during the American Civil War. The paper's circulation dropped after the Civil War's conclusion but then rose again by the end of the 19th century. Originally supportive of the Democratic Party, ''The Inquirers political orientation eventually shifted toward the Whig Party and then the Republican Party before officially becoming politically independent in the middle of the 20th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Episcopal Academy
The Episcopal Academy, founded in 1785, is a private, co-educational school for grades Pre-K through 12 based in Newtown Square, Pennsylvania. Prior to 2008, the main campus was located in Merion Station and the satellite campus was located in Devon. The Newtown Square facility is on a campus. Episcopal Academy has been consistently ranked as a top private school in the nation by various media outlets, including ''The Wall Street Journal.'' The Academy is affiliated with the Episcopal Church in the United States of America. History Early years The Episcopal Academy was founded in 1785 by the Rt. Rev. William White at Old Christ Church in Philadelphia as an all-boys school, focusing on classical education in Greek, Latin, religion, mathematics, and business. It was also a pre-missionary school. Trustees included two signers of the Declaration of Independence, as well as bankers, merchants, and ministers. It was founded two years after American Revolutionary War ended. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northeast Times
The ''Northeast Times'' is an American newspaper, in Philadelphia, Pennsylvania, that primarily targets the Northeast Philadelphia community. Philadelphia Newspapers, parent of ''The Philadelphia Inquirer'', bought the ''Northeast Times'' in 1999. In 2010, Philadelphia Media Network sold the ''Times'' to a newly formed company, Broad Street Media, backed by Darwin Oordt and Clifford and Stuart Richner. Broad Street Media was acquired by Richard Donnelly in 2016, who formed Newspaper Media Group. See also *''Philadelphia Inquirer ''The Philadelphia Inquirer'' is a daily newspaper headquartered in Philadelphia, Pennsylvania. The newspaper's circulation is the largest in both the U.S. state of Pennsylvania and the Delaware Valley metropolitan region of Southeastern Pennsy ...'' References {{Newspapers published in Pennsylvania External links Northeast Times, archives only, no current issues''Northeast Times'' and ''Star'' and ''Home News'', published by Broad Street Publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Perelman
Ronald Owen Perelman (; born January 1, 1943) is an American banker, businessman and investor. MacAndrews & Forbes Incorporated, his company, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks, and comic book publishing. Perelman holds significant shares in companies such as Deluxe Entertainment, Revlon, SIGA Technologies, RetailMeNot, Merisant, Scantron, Scientific Games Corporation, Valassis, vTv Therapeutics and Harland Clarke. He previously owned a majority of shares in AM General, but in 2020 sold the majority of his shares in AM General along with significant works of art, in light of the impact of the economy on the high debt burdens many of his companies have from leveraged buyouts. In early 2020, Revlon, acquired by Perelman in the 1980s, undertook a debt deal. Previously worth $19.8 billion in 2018, Perelman is, as of September 2020, worth $4.3 billion. Ear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subordinated Debt
In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy. Such debt is referred to as 'subordinate', because the debt providers (the lenders) have subordinate status in relationship to the normal debt. Subordinated debt has a lower priority than other bonds of the issuer in case of liquidation during bankruptcy, and ranks below: the liquidator, government tax authorities and senior debt holders in the hierarchy of creditors. Debt instruments with the lowest seniority are known as subordinated debt instruments. Because subordinated debts are only repayable after other debts have been paid, they are more risky for the lender of the money. The debts may be secured or unsecured. Subordinated loans typically have a lower credit rating, and, therefore, a higher yield than senior debt. A typical example for this would be when a pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Editorial Independence
Editorial independence is the freedom of editors to make decisions without interference from the owners of a publication. Editorial independence is tested, for instance, if a newspaper runs articles that may be unpopular with its advertising clientele or critical of its ownership. See also * Embedded journalism * Freedom of the press, the freedom from interference by governments * Media independence * Media manipulation * Objectivity (journalism) Related controversies * Fox television and Monsanto Company This story is featured at length in the documentaries The Corporation and Outfoxed ''Outfoxed: Rupert Murdoch's War on Journalism'' is a 2004 documentary film by filmmaker Robert Greenwald about Fox News Channel's and its owner's, Rupert Murdoch, promotion of conservative views. The film says this bias belies the channel's mott .... References Concentration of media ownership Journalism Journalism standards Mass media issues {{journalism-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walter Annenberg
Walter Hubert Annenberg (March 13, 1908 – October 1, 2002) was an American businessman, investor, philanthropist, and diplomat. Annenberg owned and operated Triangle Publications, which included ownership of ''The Philadelphia Inquirer'', ''TV Guide'', the ''Daily Racing Form'' and ''Seventeen'' magazine. He was appointed by President Richard Nixon as United States Ambassador to the United Kingdom, where he served from 1969 to 1974. Annenberg was born in Milwaukee and raised in New York. He attended the Wharton School, the business school at the University of Pennsylvania, though he dropped out to pursue a career as a businessman and stock investor. His father, Moses Annenberg, was convicted of tax evasion and incarcerated for two years. During that time, and following his father's death in 1942, Annenberg took control of the ''Inquirer'', expanding its influence and his own. He built up his family's magazine business with great success, extending it into parts of the med ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gary B
Gary may refer to: *Gary (given name), a common masculine given name, including a list of people and fictional characters with the name *Gary, Indiana, the largest city named Gary Places ;Iran *Gary, Iran, Sistan and Baluchestan Province ;United States *Gary (Tampa), Florida * Gary, Maryland *Gary, Minnesota *Gary, South Dakota *Gary, West Virginia *Gary – New Duluth, a neighborhood in Duluth, Minnesota *Gary Air Force Base, San Marcos, Texas * Gary City, Texas Ships * USS ''Gary'' (DE-61), a destroyer escort launched in 1943 * USS ''Gary'' (CL-147), scheduled to be a light cruiser, but canceled prior to construction in 1945 * USS ''Gary'' (FFG-51), a frigate, commissioned in 1984 * USS ''Thomas J. Gary'' (DE-326), a destroyer escort commissioned in 1943 People and fictional characters * Gary (surname), including a list of people with the name *Gary (rapper), South Korean rapper and entertainer *Gary (Argentine singer), Argentine singer of cuarteto songs Other uses *'' Gary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Daily News
The New York ''Daily News'', officially titled the ''Daily News'', is an American newspaper based in Jersey City, NJ. It was founded in 1919 by Joseph Medill Patterson as the ''Illustrated Daily News''. It was the first U.S. daily printed in tabloid format. It reached its peak circulation in 1947, at 2.4 million copies a day. As of 2019 it was the eleventh-highest circulated newspaper in the United States. Today's ''Daily News'' is not connected to the earlier '' New York Daily News'', which shut down in 1906. The ''Daily News'' is owned by parent company Tribune Publishing. This company was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2021. After the Alden acquisition, alone among the newspapers acquired from Tribune Publishing, the ''Daily News'' property was spun off into a separate subsidiary called Daily News Enterprises. History ''Illustrated Daily News'' The ''Illustrated Daily News'' was founded by Patters ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
