About Advance Publications, Inc.
Advance Publications, Inc., is a privately held communications company that owns Condé Nast Publications, Parade Publications, Fairchild Publications, American City Business Journals, the Golf Digest Companies, and newspapers in more than twenty American cities; Advance Publications also has extensive interests in cable television, as well as in Internet sites which are related to its print publications.
|Advance Publications is a privately held company www.advance.net|
The Birmingham News, The Huntsville Times, Mobile Register
|Central New York
Metro New Orleans
1890s | 1910s | 1920s | 1930s | 1940s | 1950s | 1960s | 1970s | 1980s | 1990s | 2000-present
Advance Publications is an anomaly when compared to its well known competitors. The newspaper and magazine publishing giant shuns corporate fanfare as it remains under the private control of the Newhouse family. While other media conglomerates must answer to shareholders and Wall Street analysts, Advance keeps a relatively covert corporate identity. The roots of the company date back over 90 years when the late Samuel Newhouse landed his first newspaper job in Bayonne, New Jersey. Even though the company controls such noteworthy properties as Conde Nast and The Newark Star-Ledger, Advance's top two executives Si Jr. and his brother Donald still manage to uphold the same low profile as their father once did.
1895 - Solomon Neuhaus born in New York City. Later changes name to
Samuel Irving Newhouse (Si).
1911 - Newhouse works his way up from office boy to managing the
1920 - Newhouse purchases a stake in the Fitchburg Daily News.
Newhouse owns the paper for less than a year. After struggling with circulation
and revenue, Newhouse makes a deal with the other newspaper in town, The
Sentinel, to be bought out. The owner of the Sentinel pays $15,000
to have the Daily News go out of business to ensure that there is only
one newspaper remaining.
1922 - Newhouse purchases stake in the Staten Island Advance
1923 - Newhouse takes over the position of publisher of Staten
1932 - Newhouse purchases a 51% stake in the Long Island Press
from the Ridder brothers for $600,000
1934 - Newhouse purchases a 51% stake in the Newark Ledger
1939 - Newhouse purchases two Syracuse, NY newspapers, the Herald
and Journal (from William Randolph Hearst). Both newspapers are
combined to form The Syracuse Herald-Journal
1939 - Newhouse purchases the Newark Star-Eagle. Combines
both newspapers in Newark to form The Star-Ledger
1942 - Newhouse purchases Syracuse Post-Standard.
Announcement of purchase is delayed until 1944 to avoid criticism from employees
that the Syracuse papers would be merged and jobs cut
1945 - Newhouse purchases stake in the Jersey Journal
1947 - Newhouse associate Edwin Russell purchases the Harrisburg
Patriot and Evening News
1948 - Newhouse purchases the Harrisburg Telegraph. Less than
two months later the newspaper goes out of business
1950 - Newhouse purchases The Oregonian for $5.6 million, at
the time the largest newspaper sale ever
1955 - Newhouse purchases St. Louis Globe-Democrat for $6.5
million, another record
1955 - Newhouse purchases Birmingham News and Huntsville
Times for a combined $18.7 million, another record
1959 - Newhouse acquires Street & Smith magazine group
1959 - Newhouse acquires Conde Nast magazine group
1961 - Newhouse acquires the Oregon Journal for $8 Million
1962 - Newhouse purchases New Orleans Times-Picayune newspaper group
(includes the Times-Picayune and States-Item) for $42 million,
1962 - Samuel Newhouse appears on the July 27 cover of Time
1964 - Syracuse dedicates its new School of Communications Center in
the name of Samuel Newhouse, the largest gift to Syracuse by a living donor
1966 - Newhouse acquires three Springfield (Mass) newspapers News,
Republican, and Union
1966 - Newhouse acquires Mobile Register, Mobile Press
and Mississippi Press-Register
1967 - Newhouse purchases the Cleveland Plain-Dealer for
$54.2 million, another record
1976 - Newhouse gains total ownership of the eight Booth newspapers
and Parade Magazine for $305 million
1977 - Long Island Press ceases operations
1979 - Samuel Sr. dies from complications of a stroke. Si Jr. controls
the magazine operations while Donald Newhouse oversees the newspapers.
1980 - Advance Publications purchases Random House book publishers
from RCA for $70 million
1980 - Advance sells five television stations to the Times Mirror
Publishing Company for $82 million. Part of the funds from the sale helps
Advance purchase cable television systems
1980 - New Orleans Times-Picayune merges with the
1981 - Advance has over 500,000 cable television subscribers
1982 - Advance purchases Fawcett Books from CBS
1982 - Portland Oregon Journal merges with the Oregonian
1982 - Cleveland Press ceases operations. Advance's Cleveland
Plain-Dealer becomes the city's only daily newspaper. Allegations are made
against Si. Jr. and Donald that they paid The Press' owner Joseph Cole
to go out of business
1983 - Advance re-launches Vanity Fair as a glossy celebrity
1984 - Advance sells the St. Louis Globe-Democrat
1985 - A grand jury begins an anti-trust investigation centering on
Advance's role in the demise of the Cleveland Press. Charges are never
1986 - Random House acquires Fodor's Travel Guides
1988 - Random House buys Crown Publishing Group
1995 - Newhouse and Time Warner Cable combine cable systems to create
1998 - Advance Publications sells the Random House-Alfred A.
Knopf-Crown Publishing group to Bertelsmann
1999 - Disney sells Fairchild Publications (W, Jane
and Women's Wear Daily) to Advance
2000 - Advance acquires a group of newspapers in New Jersey and
Easton, PA from MediaNews. Titles include: Gloucester County Times,
Today's Sunbeam (Salem), Bridgeton Evening News, and
2001 - Syracuse Herald-Journal closes
2001 - Conde Nast Publications closes fashion magazine
2002 - Advance purchases Modern Bride magazine group from Primedia for
2002 - Advance and AOL Time Warner disband their cable partnership.
Advance changes the name of its cable operations to Bright House cable.
2003 - Forbes magazine estimates the combined worth of Si.
Jr. and Donald Newhouse at $15 billion
last updated 7/29/03
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