Hearst Communications

Hearst Corporation, Hearst Holdings Inc. and Hearst Communications Inc. comprise an American multinational mass media and business information conglomerate owned by the Hearst family and based in Hearst Tower in Midtown Manhattan in New York City.

Hearst owns newspapers, magazines, television channels, and television stations, including the Albany Times-Union, Houston Chronicle, San Francisco Chronicle, Cosmopolitan and Esquire. It owns 50 percent of the A&E Global Media cable network group and 20 percent of the Walt Disney Company's sports division ESPN Inc.. The conglomerate also owns Fitch Group and First Databank.

The company was founded by William Randolph Hearst, a newspaper owner most well known for use of yellow journalism. The Hearst family remains involved in its ownership and management.

In 1880, George Hearst, mining entrepreneur and U.S. senator, bought the San Francisco Daily Examiner. In 1887, he turned the Examiner over to his son, William Randolph Hearst, who that year founded the Hearst Corporation. The younger Hearst eventually built readership for Hearst-owned newspapers and magazines from 15,000 to over 20 million. Hearst began to purchase and launch other newspapers, including the New York Journal in 1895 and the Los Angeles Examiner in 1903.

In 1903, Hearst created Motor magazine, the first title in his company's magazine division. He acquired Cosmopolitan in 1905, and Good Housekeeping in 1911. The company entered the book publishing business in 1913 with the formation of Hearst's International Library. Hearst began producing film features in the mid-1910s, creating one of the earliest animation studios: the International Film Service, turning characters from Hearst newspaper strips into film characters.

Hearst bought the Atlanta Georgian in 1912, the San Francisco Call and the San Francisco Post in 1913, the Boston Advertiser and the Washington Times (unrelated to the present-day paper) in 1917, and the Chicago Herald in 1918 (resulting in the Herald-Examiner).

In 1919, Hearst's book publishing division was renamed Cosmopolitan Book.

In the 1920s and 1930s, Hearst owned the biggest media conglomerate in the world, which included a number of magazines and newspapers in major cities. Hearst also began acquiring radio stations to complement his papers. Hearst saw financial challenges in the early 1920s, when he was using company funds to build Hearst Castle in San Simeon and support movie production at Cosmopolitan Productions. This eventually led to the merger of the magazine Hearst International with Cosmopolitan in 1925.