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The Washington Post Company
Type Public (NYSE: WPO)
Founded 1947 (Washington Post founded in 1877)
Headquarters Washington, D.C.
Key people Donald Graham, Chairman & CEO
Industry Education and Media
Products Educational Services
Newspapers
Magazines
Television
Cable Television
Electronic Media
Revenue $4.180 billion (2007)
Employees 19,000
Website www.washpostco.com

The Washington Post Company (NYSE:WPO) is an American education and media company, best known for owning the newspaper it is named after, The Washington Post. The Company also owns Kaplan, Inc., a leading international provider of educational and career services for individuals, schools and businesses. In addition, the Company owns Washingtonpost.Newsweek Interactive (WPNI), the online publishing subsidiary whose flagship products include washingtonpost.com, Newsweek.com, Slate.com, BudgetTravel.com and Sprig.com; Express; El Tiempo Latino; The Gazette and Southern Maryland newspapers; The Herald (Everett, WA); Newsweek magazine; Post-Newsweek Stations (Detroit, Houston, Miami, Orlando, San Antonio and Jacksonville); Cable One, a cable TV and Internet service provider with subscribers in midwestern, western and southern states; and CourseAdvisor, an online lead generation provider.

The Washington Post Company history dates back to 1877, when the Post was first published. The Washington Post Company was incorporated in the District of Columbia in 1889[1], and remained a District of Columbia corporation until it changed its state of incorporation to Delaware in 2003.[2] It is a public company, trading on the New York Stock Exchange under the ticker symbol WPO, and went public in 1971. It is headquartered in Washington, D.C. Apart from the family of the late Katharine Graham, Berkshire Hathaway is also a substantial shareholder.

Contents

Education

  • Kaplan, Inc. - Kaplan is one of the world's largest providers of educational services. Kaplan focuses on four areas: higher education, professional training, test preparation and after-school tutoring programs and services for U.S. school districts.

Headquartered in New York City under the leadership of CEO Andrew Rosen, Kaplan had $2.3 billion in revenue in 2008. It is The Washington Post Company's fastest growing division and its largest revenue producer.

Newspapers

Magazines

Broadcast television

Logo of broadcasting division Post-Newsweek Stations.

The official name of the broadcast division, dating back to the 1970s, is Post-Newsweek Stations and is one of two divisions not based out of Washington (see below). Post-Newsweek stations currently owns 6 VHF stations, all in the Top 50 markets. All the stations are branded under the "Local Mandate," which happens to be a station standardization adopted by Post-Newsweek. (examples: KPRC is "Local 2" and WPLG is "Local 10").

Current DMA# Market Station Channel (DT) Current Affiliation Acquired Notes
10. Houston, Texas KPRC-TV 2 (35) NBC 1994
11. Detroit, Michigan WDIV 4 (45) NBC 1978 Flagship
16. Miami, Florida WPLG 10 (9) ABC 1969 Calls are tribute to Philip L. Graham, developer of Miami Lakes
19. Orlando, Florida WKMG-TV 6 (26) CBS 1997 Calls are tribute to Katherine Graham (was WCPX until 1998)
37. San Antonio, Texas KSAT-TV 12 (48) ABC 1994
47. Jacksonville, Florida WJXT 4 (42) Independent 1959 Was CBS until 2002

Post-Newsweek also owned two other television stations in the past, ironically both were at one time or another company flagships.

Current DMA# Market Station Channel Affiliation Owned by WPO/PNS Current Owner Notes
9. Washington, D.C. WTOP-TV 9 CBS 1950-78 Gannett First WDVM, now WUSA, flagship/headquarters until 1980s
29. Hartford, Connecticut WFSB 3 CBS 1974-97 Meredith Flagship 1980s-1997 (and headquarters until 2000)

Cable television

Internet

  • CourseAdvisor, Inc. - An online lead generation provider.
  • Cable One is also an Internet service provider.[3]

Other

References

  1. ^ District of Columbia Corporation records show the original Washington Post Company was registered as a domestic corporation in 1889
  2. ^ District of Columbia Corporation records show the original DC-based corporation's charter was revoked in 2003 and replaced by a Delaware-based foreign corporation.
  3. ^ Jesdanun, Anick (August 31, 2008). "6 Internet providers disclose Web tracking for ads". Associated Press via Google. http://ap.google.com/article/ALeqM5i0jj6e-BuV4qnseoMIL1fJFB7uhAD92TEAE80. Retrieved 2008-09-01.  

See also

External links

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