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McClatchy Media Company, or simply McClatchy and MCC, is an American publishing company incorporated under Delaware's General Corporation Law.Originally based in Sacramento, California, United States, and known as The McClatchy Company, it became a subsidiary of Chatham Asset Management, headquartered in Chatham Borough, New Jersey, as a result of its 2020 bankruptcy.
It was a joint venture among six major newspaper publishers: Central Newspapers, A. H. Belo, Gannett Company, The McClatchy Company, Tribune Company, and Graham Holdings Company [1] It was the owner and operator of two leading national online brands: Apartments.com (now part of CoStar Group Inc. NYSE:CSGP) and Cars.com (now NYSE:CARS).
Cars.com was previously owned by Classified Ventures, LLC, a joint venture between Gannett, The McClatchy Company, Tribune, Graham Holdings, and A.H. Belo. On August 5, 2014, Gannett announced that it would buy out the remaining stakes in Classified Ventures it did not already own, for $2.5 billion.
McClatchy operates 30 newsrooms nationwide, including the Miami Herald, the Kansas City Star, the Sacramento Bee, the Charlotte Observer, the (Raleigh) News & Observer, the Fort Worth Star ...
The primary source of newspaper income is advertising – in the form of "classifieds" or inserted advertising circulars – rather than circulation income. However, since the late 1990s, this revenue source has been directly challenged by Web sites like eBay (for sales of secondhand items), Monster.com (jobs), and Craigslist (everything).
Charles Kenny McClatchy, better known as C. K. McClatchy (November 1, 1858 – April 27, 1936), was the editor of The Sacramento Bee and a founder of McClatchy Newspapers, the family-owned company that was forerunner to The McClatchy Company. McClatchy attended Santa Clara University, where he earned a Masters of Arts in 1901. [1]
The McClatchy Company [1] Founded: 1884 (as Weekly Herald) Headquarters: 2505 14th Street, Suite 400 Gulfport, MS 39501 United States: Circulation: 13,848 daily 15,668 Sunday (as of 2020) [2] ISSN: 2688-8955 (print) 2688-8963 (web) OCLC number: 12788034 : Website: SunHerald.com
Kevin S. McClatchy (born January 13, 1963) is the chairman of McClatchy and former owner of the Pittsburgh Pirates baseball team. He led a group of investors that purchased the team in 1996, and served as the team's CEO and lead owner until 2007, when Bob Nutting took over as lead owner, and McClatchy and Nutting hired Frank Coonelly to become CEO.