Advance | |
Company type | Private |
Industry | Mass media |
Founded | May 12, 1924 |
Founder | Samuel Irving Newhouse Sr. |
Headquarters | One World Trade Center, New York City, U.S. |
Number of locations | 102 |
Area served | Worldwide |
Key people |
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Products | Newspapers, news and information websites, magazines, television |
Revenue | US$2.4 billion (2016) |
Owner | Newhouse family |
Number of employees | 12,000 |
Subsidiaries |
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Website | www |
Footnotes / references [2] |
Advance Publications, Inc. is a privately held American media company owned by the families of Donald Newhouse and Samuel Irving Newhouse Jr., the sons of company founder Samuel Irving Newhouse Sr. It owns publishing-relating companies including American City Business Journals, MLive Media Group, and Condé Nast, and is a major shareholder in Charter Communications (13% ownership), Reddit (30% ownership), and Warner Bros. Discovery (8% ownership).