Washington Post Company
Encyclopedia
The Washington Post Company is an American education and media company, best known for owning the newspaper for which it is named, The Washington Post
The Washington Post
The Washington Post is Washington, D.C.'s largest newspaper and its oldest still-existing paper, founded in 1877. Located in the capital of the United States, The Post has a particular emphasis on national politics. D.C., Maryland, and Virginia editions are printed for daily circulation...

. The Company also owns Kaplan, Inc.
Kaplan, Inc.
Kaplan, Inc. is a for-profit corporation headquartered in New York City and was founded in 1938 by Stanley Kaplan. Kaplan provides higher education programs, professional training courses, test preparation materials and other services for various levels of education...

, a leading international provider of educational and career services for individuals, schools and businesses. In addition, the Company owns The Slate Group, Express, El Tiempo Latino, The Gazette and Southern Maryland newspapers, The Herald (Everett, WA), Post-Newsweek Stations (Detroit, Houston, Miami, Orlando, San Antonio and Jacksonville), Cable ONE
Cable One
Cable ONE is a United States cable service provider and subsidiary of The Washington Post Company, functioning as its own self-contained corporation within its parent company. The company's name and current focus dates back to 1997; prior to that time the company was known as Post-Newsweek Cable...

, a cable TV and Internet service provider with subscribers in midwestern, western and southern states, and Avenue100 Media Solutions, an online lead generation provider. The Company previously owned Newsweek
Newsweek
Newsweek is an American weekly news magazine published in New York City. It is distributed throughout the United States and internationally. It is the second-largest news weekly magazine in the U.S., having trailed Time in circulation and advertising revenue for most of its existence...

and Newsweek.com, but sold the magazine in 2010 after years of financial losses.

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, and remained a District of Columbia corporation until it changed its state of incorporation to Delaware in 2003. It is a public company, trading on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

 under the ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...

 WPO, and went public in 1971. It is headquartered in Washington, D.C.

Apart from the family of the late Eugene Meyer
Eugene Meyer
Eugene Isaac Meyer was an American financier, public official, publisher of the Washington Post newspaper. He served as Chairman of the Federal Reserve from 1930 to 1933. He was the father of publisher Katharine Graham.-Biography:Born in Los Angeles, California, he was one of eight children of...

, Berkshire Hathaway
Berkshire Hathaway
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years,...

 is also a substantial shareholder.

Education

  • Kaplan, Inc.
    Kaplan, Inc.
    Kaplan, Inc. is a for-profit corporation headquartered in New York City and was founded in 1938 by Stanley Kaplan. Kaplan provides higher education programs, professional training courses, test preparation materials and other services for various levels of education...

     — Kaplan is one of the world's largest providers of educational services. Kaplan focuses on four areas: higher education, professional training, and test preparation.


Headquartered in New York City under the leadership of CEO Andrew Rosen
Andrew Rosen
Andrew S. Rosen is current Chairman and Chief Executive Officer of Kaplan, Inc., a global education company that began as a test prep provider in 1938 and was purchased by The Washington Post Company in 1984...

, Kaplan had $2.3 billion in revenue in 2008. It is The Washington Post Company's fastest growing division and its largest revenue producer.

The Kaplan Higher Education unit had campuses where students defaulted on federal loans at rate of higher than 30 percent, more than three times the rate at private, nonprofit colleges, according to data released by the U.S. Department of Education. The high default rate may even trigger the loss of student aid under federal rules that take effect in 2012. When students default on their debt taxpayers are stuck with the bill and the students have their credit destroyed.
Kaplan's marketing campaign targets especially veterans, single mothers and low-income students. According to the U.S. News and World Report, only 33 percent of Kaplan students graduate within six years.
  • StudentAdvisor.com - is the latest education resource launched by the Washington Post Company. StudentAdvisor.com is an education research (reviews written by students, alumni and parents) and comparison destination (tools to download and compare multiple colleges) for students, parents and lifetime learners.

Newspapers

  • The Washington Post
    The Washington Post
    The Washington Post is Washington, D.C.'s largest newspaper and its oldest still-existing paper, founded in 1877. Located in the capital of the United States, The Post has a particular emphasis on national politics. D.C., Maryland, and Virginia editions are printed for daily circulation...

  • The Herald
    The Herald (Everett)
    The Herald is a newspaper based in Everett, Washington. It is owned by The Washington Post Company. The paper serves as a major news source for residents of Snohomish County.-History:...

    Everett, Washington
    Everett, Washington
    Everett is the county seat of and the largest city in Snohomish County, Washington, United States. Named for Everett Colby, son of founder Charles L. Colby, it lies north of Seattle. The city had a total population of 103,019 at the 2010 census, making it the 6th largest in the state and...

  • Express
    Express (newspaper)
    Express is a free daily newspaper distributed in the Washington, D.C. metropolitan area. It is in a tabloid format and is printed every weekday and distributed at Washington Metro stations and other locations throughout the Washington metropolitan area. It is owned and printed by The Washington...

    — A free daily commuter paper in the Washington Metro Area.
  • El Tiempo Latino
  • The Gazette
    The Gazette (Maryland)
    The Gazette publishes weekly community newspapers serving Montgomery, Frederick, Prince George's and Carroll counties in Maryland, including a subscription-based weekend edition covering business and politics throughout the state. The group of papers consistently wins awards from the Suburban...

     (35 weekly newspapers and a subscription-based state-wide weekend business and politics newspaper, in Maryland; plus military newspapers and suburban Maryland real estate guides)
  • Greater Washington Publishing
  • Washington Post Writers Group

Broadcasting

The official name of the broadcast division, dating back to the 1970s, is Post-Newsweek Stations. Post-Newsweek stations is based in Detroit, Michigan
Detroit, Michigan
Detroit is the major city among the primary cultural, financial, and transportation centers in the Metro Detroit area, a region of 5.2 million people. As the seat of Wayne County, the city of Detroit is the largest city in the U.S. state of Michigan and serves as a major port on the Detroit River...

 and 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
Houston, Texas
Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ...

KPRC-TV
KPRC-TV
KPRC-TV is the NBC affiliated television station based in Houston, Texas, and serving the Greater Houston television market. It has studios located in the Sharpstown district on the Southwest portion of the city, and has a transmitter site in unincorporated Fort Bend County near Missouri City...

2 (35) NBC
NBC
The National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...

1994
11. Detroit, Michigan
Detroit, Michigan
Detroit is the major city among the primary cultural, financial, and transportation centers in the Metro Detroit area, a region of 5.2 million people. As the seat of Wayne County, the city of Detroit is the largest city in the U.S. state of Michigan and serves as a major port on the Detroit River...

WDIV 4 (45) NBC
NBC
The National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...

1978 Flagship; founded by the Evening News Association as WWJ-TV before being traded to Post-Newsweek in exchange for WTOP-TV in 1977.
16. Miami, Florida
Miami, Florida
Miami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625...

WPLG
WPLG
WPLG, channel 10, is an ABC network affiliated television station located in Miami, Florida. WPLG is owned and operated by Post-Newsweek Stations, a subsidiary of the Washington Post Company. The station's studios are located in Pembroke Park, and its transmitter is located at the massive broadcast...

10 (9) ABC
American Broadcasting Company
The American Broadcasting Company is an American commercial broadcasting television network. Created in 1943 from the former NBC Blue radio network, ABC is owned by The Walt Disney Company and is part of Disney-ABC Television Group. Its first broadcast on television was in 1948...

1969 Calls are tribute to Philip L. Graham, developer of Miami Lakes
19. Orlando, Florida
Orlando, Florida
Orlando is a city in the central region of the U.S. state of Florida. It is the county seat of Orange County, and the center of the Greater Orlando metropolitan area. According to the 2010 US Census, the city had a population of 238,300, making Orlando the 79th largest city in the United States...

WKMG-TV
WKMG-TV
WKMG-TV channel 6 is the CBS network affiliate for Central Florida . WKMG is licensed to Orlando and is owned and operated by Post-Newsweek Stations, Inc., a subsidiary of the Washington Post Company. The station refers to itself as "Local6". WKMG's transmitter is located in Bithlo, Florida...

6 (26) CBS
CBS
CBS Broadcasting Inc. is a major US commercial broadcasting television network, which started as a radio network. The name is derived from the initials of the network's former name, Columbia Broadcasting System. The network is sometimes referred to as the "Eye Network" in reference to the shape of...

1997 Calls are tribute to Katherine Graham (was WCPX until 1998)
37. San Antonio, Texas
San Antonio, Texas
San Antonio is the seventh-largest city in the United States of America and the second-largest city within the state of Texas, with a population of 1.33 million. Located in the American Southwest and the south–central part of Texas, the city serves as the seat of Bexar County. In 2011,...

KSAT-TV
KSAT-TV
KSAT-TV channel 12 is the local ABC affiliate television station in the greater San Antonio area. Its transmitter is located in Elmendorf, Texas. The station calls itself KSAT 12, pronounced as "K-Sat"....

12 (48) ABC
American Broadcasting Company
The American Broadcasting Company is an American commercial broadcasting television network. Created in 1943 from the former NBC Blue radio network, ABC is owned by The Walt Disney Company and is part of Disney-ABC Television Group. Its first broadcast on television was in 1948...

1994
49. Jacksonville, Florida
Jacksonville, Florida
Jacksonville is the largest city in the U.S. state of Florida in terms of both population and land area, and the largest city by area in the contiguous United States. It is the county seat of Duval County, with which the city government consolidated in 1968...

WJXT
WJXT
WJXT, channel 4 , is an independent television station serving Jacksonville, Florida, and surrounding communities. Its transmitter is in the Kilarney Shores section of Jacksonville, with the WTLV transmitter. The station originally broadcast an analog signal on VHF channel 4 and a digital signal...

4 (42) Independent 1959 Was a CBS affiliate from 1949 until 2002

Post-Newsweek also owned two other television stations in the past. 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.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....

WTOP-TV
WUSA (TV)
WUSA is a television station broadcasting on channel 9 in Washington, D.C.. Owned by the Gannett Company, WUSA is an affiliate of the CBS television network, and the longest-tenured affiliate of that network...

9 CBS 1950-78 Gannett Post-Newsweek's flagship/headquarters until 1977; traded to the Evening News Association for WWJ-TV and became WDVM, today known as Gannett flagship WUSA
30. Hartford, Connecticut
Hartford, Connecticut
Hartford is the capital of the U.S. state of Connecticut. The seat of Hartford County until Connecticut disbanded county government in 1960, it is the second most populous city on New England's largest river, the Connecticut River. As of the 2010 Census, Hartford's population was 124,775, making...

WFSB
WFSB
'WFSB, channel 3, is a CBS-affiliated television station located in Hartford, Connecticut, USA, owned by the Meredith Corporation. WFSB's studios and offices are located in Rocky Hill, Connecticut, and its broadcast transmitter is based on Talcott Mountain in Avon, Connecticut. Syndicated...

3 CBS 1974-97 Meredith
Meredith Corporation
The Meredith Corporation is a media conglomerate based in Des Moines, Iowa, USA. The company has two divisions, National Media and Local Media.-History:...

Flagship 1980s-1997 (and headquarters until 2000)

Interactive

  • The Slate Group

  • Avenue100 Media Solutions - A leading analytics-based performance marketing company.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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