Hearst has a reason to celebrate. This week marks the media company’s 125th birthday.
It grew from a single San Francisco newspaper acquired by William Randolph Hearst in 1887 to a New York-based global operation with more than 20,000 employees.
Here are a few highlights from its history:
- Good Housekeeping Research Institute
- Launch of Cosmopolitan
- Connecting viewers of WBAL in Baltimore to color TV in 1952
- Launch of Motor
- Invested in Pandora
- Recent acquisition of 100 magazines (including ELLE) from Lagardère
- Expansion into healthcare industry companies with the likes of First DataBank
In this very special year, there can be no more perfect connection between legacy and the future: Our revenue will be nearly equally split between print and electronic media, and digital revenue will approach the company’s total revenue in our centennial year, 1987.