Full-Time
Global media and information services conglomerate
£50k/yr
London, UK
Hybrid
In-office role based in London with flexible Fridays.
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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.
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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Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Time Off
Paid Parental Leave
Emotional Wellness Support
Disney is selling its 50% stake in A+E Global Media to joint venture partner Hearst Communications in an all-cash deal worth over $1 billion, according to reports. The transaction is expected to be announced at Disney's earnings call next week. A+E Global Media owns cable networks A&E, History, Lifetime, and FYI, as well as A+E Studios. Disney and Hearst launched a sale process last year through Wells Fargo. Whilst profitable and debt-free, A+E Global has faced declining linear viewership like other cable networks. The company has adapted through early adoption of FAST channels and owns much of its content library. A+E Global Media President and Chairman Paul Buccieri will continue leading the company. This marks Disney's first major move to reduce its traditional television footprint.
Chptr, a company building distribution infrastructure for community stories, has raised $5.5 million in Series A funding led by CityRock. Tribute Technology participated, alongside strategic partnerships with iHeartMedia, Sinclair and Hearst. The New York-based startup delivers time-sensitive local content across television, radio and digital platforms within 24 hours. Chptr is now live in 132 US television markets and has delivered thousands of localised broadcasts. Starting with end-of-life memorial content sourced from funeral homes, the company uses human-reviewed AI for formatting and production whilst maintaining data privacy. Founded in 2020, Chptr will use the funding to expand into remaining US markets, deepen broadcast integrations and develop additional time-sensitive content categories beyond memorials.
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.