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Overview
Hearst is a global, diversified media, information, and services group with magazines, newspapers, TV and radio stations, and business information companies. It earns revenue from advertising, subscriptions, and selling information services, delivering content across print, broadcast, and digital platforms, including Fitch Ratings for credit ratings and research. Its mix of traditional media brands with specialized data and analytics services sets it apart from firms that focus on a single area. Its goal is to be a leading worldwide provider of trusted media content and data-driven information services for individual consumers and business customers.
About Hearst
Industries
Data & Analytics
Financial Services
Healthcare
Entertainment
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1887
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Simplify's Take
What believers are saying
- DallasNews merger expands local-news scale in the Dallas market.
- MotorTrend strengthens Hearst Autos across enthusiast media and automotive commerce.
- CellTrak acquisition deepens recurring healthcare software revenue beyond advertising.
What critics are saying
- Local newspaper acquisitions expose Hearst to declining print ad and circulation revenue.
- TV station ownership faces audience fragmentation and weaker local differentiation from software distributors.
- Fitch Group carries reputational and regulatory risk from any high-profile ratings failure.
What makes Hearst unique
- Family-controlled conglomerate spanning media, information, and services since 1887.
- Owns Fitch Group, First Databank, and Hearst Health alongside legacy media assets.
- Operates 35 TV stations and more than 360 businesses across 30 countries.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Time Off
Paid Parental Leave
Emotional Wellness Support
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 3%2 year growth
↑ 3%DallasNews Corporation's Board rejected MNG Enterprises' proposal to acquire the company at $18.50 per share, reaffirming support for a merger with Hearst at $15 per share. Despite the higher offer from MNG, the Board, with backing from key stakeholder Robert W. Decherd, determined it was not superior. The Hearst deal represents a 242% premium over previous stock prices. Decherd controls over 96% of voting power, ensuring alignment for the Hearst merger.
DallasNews Corporation (Nasdaq: DALN) has filed a preliminary proxy statement for a proposed merger with Hearst, offering shareholders $15.00 per share in cash, a 242% premium over the current stock price of $4.39. Robert W. Decherd, the majority shareholder, supports the merger, complicating a competing proposal from Alden Global Capital. The merger requires two-thirds approval from Series A and B stockholders and aims to maximize shareholder value.
The community paper will be purchased by the owner of other news outlets such as the Houston Chronicle and San Antonio Express-News.
MotorTrend Group is now under the Hearst Autos umbrella alongside Car and Driver, Road & Track, Autoweek, and Bring a Trailer.
NEWS Hearst Newspapers Acquires Puzzle Games Platform Puzzmo PUBLISHED ON 12.04.2023 NEW YORK, December 4,...
Hearst is Hiring for 352 Jobs on Simplify!
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About Hearst
Industries
Data & Analytics
Financial Services
Healthcare
Entertainment
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1887
Hearst is Hiring for 352 Jobs on Simplify!
Find jobs on Simplify and start your career today