Washington Post Company

at , Arlington , 22209 United States

1. Organization
2. Financial Services
3. Broadcasting & Media Production

Description

Graham Holdings Company is a diversified American conglomerate, best known for formerly owning the newspaper for which it was once named, The Washington Post, and Newsweek.Its holdings include the online magazine Slate, Graham Media Group, a group of five large-market television stations, higher education company Kaplan, and Trove —the developers of a news reader app. Graham Holdings Company also owned cable television and internet service provider Cable One until it was spun off in 2015.Corporate historyThe history of Graham Holdings Company dates back to 1877, when the Post was first published. The Washington Post Company was incorporated in the District of Columbia in 1889, and remained a District of Columbia corporation until it changed its place of incorporation to Delaware in 2003. It is a public company and its Class B common stock trades on the New York Stock Exchange under the ticker symbol GHC; it went public in 1971.Descendents of the late Eugene Meyer (including Chairman and CEO Donald E. Graham, his sister Lally Weymouth, and the beneficiaries of various family trusts) collectively control the company through their ownership of the unlisted Class A common stock that selects 70% of the company's board of directors. As of 2014, it forms more than 90% of the family's assets. Prior to 2014, Berkshire Hathaway was a substantial holder of the public Class B common stock that selects 30% of the company's board of directors, but exchanged most of that stock for WPLG-TV, one of Graham Holdings' television stations, and other assets, in 2014.

Company Rating

29 FB users likes Washington Post Company, set it to 42 position in Likes Rating for Arlington, Virginia in Organization category

Summary

Washington Post Company is Arlington based place and this enity listed in Broadcasting & Media Production category. 22209.