The Washington Post Company (
NYSEWPO) is an American education and media company, best known for owning the newspaper it is named after,
The Washington Post. The Company also owns Kaplan, Inc., a leading international provider of educational and career services for individuals, schools and businesses. In addition, the Company owns Washingtonpost.Newsweek Interactive (WPNI), the online publishing subsidiary whose flagship products include washingtonpost.com, Newsweek.com, Slate, BudgetTravel.com and Sprig.com; Express; El Tiempo Latino; The Gazette and Southern Maryland newspapers; The Herald (Everett, WA); Newsweek magazine; Post-Newsweek Stations (Detroit, Houston, Miami, Orlando, San Antonio and Jacksonville); Cable ONE, serving subscribers in midwestern, western and southern states; and CourseAdvisor, an online lead generation provider.
The Washington Post Company history dates back to 1877, when the Post was first published. The Washington Post Company was incorporated in the District of Columbia in 1889[1], and remained a District of Columbia corporation until it changed its state of incorporation to Delaware in 2003.[2] It is a public company, trading on the New York Stock Exchange under the ticker symbol WPO, and went public in 1971. It is headquartered in Washington, D.C. Apart from the family of Katharine Graham, Berkshire Hathaway is also a substantial shareholder.
Headquartered in New York City under the leadership of CEO Jonathan Grayer, Kaplan had more than $2 billion in revenue in 2007. It is The Washington Post Company's fastest growing division and its largest revenue producer.
The official name of the broadcast division, dating back to the 1970s, is Post-Newsweek Stations and is one of two divisions not based out of Washington (see below). Post-Newsweek stations currently owns 6 VHF stations, all in the Top 50 markets. All the stations are branded under the "Local Mandate," which happens to be a station standardization adopted by Post-Newsweek. (examples KPRC is "Local 2" and WPLG is "Local 10").
