Hearst Communications, Inc.
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Hearst Communications, Inc. - overview
Established
1887
Location
New York, NY, US
Primary Industry
Media
About
Hearst Communications, Inc. is a leading global media conglomerate based in the US, specializing in diverse products and services across entertainment, health, and information sectors, with a strong emphasis on digital and traditional media. Founded in 1887 in New York, US, Hearst Communications, Inc. operates a wide range of media assets including magazines, newspapers, and television networks.
The company has evolved over the years, expanding into digital platforms and financial services through its Fitch Group, which provides credit ratings and analysis. Hearst operates significant global offices, including locations in North America, Europe, and Asia. Hearst is a prominent global media company that operates a diverse portfolio of products and services across various industries, including entertainment, health, and information services. Its core offerings encompass a wide range of media outlets, including magazines, newspapers, and television networks, which cater to millions of consumers worldwide.
The company also has significant operations in financial services through its Fitch Group, providing credit ratings, research, and risk analysis. Hearst's digital platforms enhance its content distribution and engagement with audiences, allowing clients to reach targeted demographics effectively. This comprehensive suite of offerings is available in numerous markets, including North America, Europe, and Asia, serving both consumers and businesses with tailored solutions that address their unique needs. Hearst generates revenue through a multifaceted transaction structure that includes subscription models, advertising partnerships, and direct-to-consumer sales.
The company’s media divisions, such as Hearst Magazines and Hearst Television, primarily leverage advertising revenue supported by subscription sales of their publications and services. Additionally, the Fitch Group generates income through its credit ratings and analytics services, which are often contracted on a B2B basis with financial institutions and corporations. Revenue from these segments is facilitated through tailored partnerships with clients, allowing Hearst to maintain a robust financial performance across its diverse portfolio. Specific pricing plans associated with Hearst's flagship products and services are structured to meet the varying demands of its client base, ensuring a consistent stream of income from both individual consumers and corporate partners.
Primary Industry
Media
Sub Industries
Information Services, Television & Film, Newspapers, Magazines & News Organizations, Digital Media
Website
www.hearst.com
Total Amount Raised
Subscriber access only
Hearst Communications, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | QGenda, LLC | - | ||||||||
| N/A | Completed | 1098 Harrison Street | - | ||||||||
| N/A | Completed | Herald Examiner Building | - | ||||||||
| Secondary Buyout | Completed | Slickdeals, LLC | - | ||||||||
| N/A | Completed | Print Building | - |
Displaying 1 - 5 of 16
Hearst Communications, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairwoman | BM | ||||||
| Member of the Board of Directors | BM | ||||||
| Senior Vice President and Chief Financial Officer | BM |
BM Board Member
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