The McClatchy Company
The McClatchy Company is a prominent newspaper publisher in the United States, operating 30 daily newspapers across 29 markets, including notable titles such as the Miami Herald, The Kansas City Star, and The Sacramento Bee. Founded in 1857 by James McClatchy during the California Gold Rush, the company initially focused on California but later expanded its reach to the Northwest and East Coast through strategic acquisitions. McClatchy has established itself as the leading local news provider in its markets, offering a range of services that include print and digital publications, community newspapers, and direct marketing. The company delivers content through its own websites, mobile applications, and various digital platforms. In 2006, McClatchy became the second-largest newspaper publisher in the U.S. after acquiring Knight Ridder Inc., although it subsequently streamlined its portfolio by selling non-strategic newspapers. McClatchy filed for reorganization under Chapter 11 in 2020, highlighting the challenges faced by traditional media in a rapidly evolving digital landscape. Its headquarters are located in Sacramento, California.
Knight Ridder
Acquisition in 2006
Knight Ridder is an American media company that specializes in newspaper and internet publishing, along with advertising services. Founded in 1933 by John S. Knight, the company became a pioneer in the industry, notably launching its Viewtron system in 1982 as one of the first experiments with videotex. As of December 2005, Knight Ridder published 32 daily and 65 non-daily newspapers, serving approximately 8.1 million daily and 11.5 million Sunday subscribers. The company also manages its online properties through Knight Ridder Digital, which includes Real Cities, a national network of city and regional websites. Throughout its history, Knight Ridder has invested in various newspapers, technology companies, and television stations. Headquartered in San Jose, California, Knight Ridder operates as a subsidiary of The McClatchy Company.
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