The Philadelphia Inquirer, LLC (formerly Philadelphia Media Network (PMN)) is an American media company. It owns ''
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 Pen ...
'' and ''
Philadelphia Daily News
''Philadelphia Daily News'' is a tabloid newspaper that serves Philadelphia, Pennsylvania. The newspaper is owned by The Philadelphia Inquirer, LLC, which also owns Philadelphia's other major newspaper ''The Philadelphia Inquirer''.
The ''Da ...
''. The company is owned by
The Philadelphia Foundation, a nonprofit organization in
Philadelphia
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since ...
, Pennsylvania, U.S.
History
Philadelphia Media Network, then including the newspapers' joint web portal Philly.com, was formed and initially owned by the creditors of
Philadelphia Media Holdings (PMH), acquired out of
Chapter 11 bankruptcy protection. The company sold its inherited community newspaper division in December 2010. A group of local investors—under the corporate name of
Interstate General Media LLC—bought the company for $55 million in April 2012.
Publisher and chief executive officer Greg Osberg stepped down on 11 May 2012. He was replaced by Bob Hall, 67, the publisher of the ''Daily News'' and ''Inquirer'' from 1990 to 2003, when the papers were owned by
Knight Ridder
Knight Ridder was an American media company, specializing in newspaper and Internet publishing. Until it was bought by McClatchy on June 27, 2006, it was the second largest newspaper publisher in the United States, with 32 daily newspaper bra ...
. Philadelphia Media Network was purchased by Philadelphia businessman
H. F. "Gerry" Lenfest in 2014. Lenfest donated the company to The Philadelphia Foundation, a nonprofit organization, in 2016. The Philadelphia Media Network also converted to a
public benefit corporation, with a charter that balances public benefit alongside shareholder returns. In 2019, Philadelphia Media Network renamed Philly.com to Inquirer.com and made the ''Daily News'' an edition of the ''Inquirer''. Philadelphia Media Network was renamed The Philadelphia Inquirer, LLC.
In January 2020, Lisa Hughes was named publisher and CEO. She is the first female publisher of The Inquirer.
References
External links
Philly.com
Companies based in Philadelphia
American companies established in 2010
Mass media companies established in 2010
Publishing companies established in 2010
Mass media companies of the United States
Newspaper companies of the United States
2010s establishments in Pennsylvania
Public benefit corporations based in the United States
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