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The corporate ancestors of Knight Ridder were Knight Newspapers, Inc. and Ridder Publications, Inc. The first company was founded by John S. Knight upon inheriting control of the Akron Beacon Journal from his father, Charles Landon Knight, in 1933; the second company was founded by Herman Ridder when he acquired the New Yorker Staats-Zeitung, a German language newspaper, in 1892.
After The McClatchy Company bought Knight Ridder in 2006, it announced it would sell, among other newspapers, The Philadelphia Inquirer and Philadelphia Daily News. Interested in buying the papers, Brian Tierney assembled a group of Philadelphia businesspeople and investors to make a bid.
By 1930, the newspaper's circulation exceeded 200,000, but by the 1950s the news paper was losing money. In 1954, the newspaper was sold to Matthew McCloskey and then sold again in 1957 to publisher Walter Annenberg. In 1969, Annenberg sold the Daily News to Knight Ridder. In 2006 Knight Ridder sold the paper to a group of local investors.
The foundation invests in the 28 communities that once hosted Knight Ridder newspapers, including Miami. McClatchy acquired Knight Ridder in 2006. Grants help support journalism, the arts and a ...
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.
The Beacon Journal is a daily newspaper tracing its storied, Pulitzer Prize-winning history to 1839's Summit Beacon, which early in the 20th century came under the editorship and ownership of publisher Charles Landon Knight, serving as the flagship newspaper of the Knight Newspaper Company, later known as Knight Ridder. [32]
By 1990, this service was known as KRT (Knight-Ridder/Tribune) and provided graphics, photo and news content to its member newspapers. When The McClatchy Company purchased Knight-Ridder Inc. in 2006, [7] KRT became MCT (McClatchy-Tribune Information Services), which was jointly owned by the Tribune Company and McClatchy.
The merger would fuse a local newspaper company that has won 54 Pulitzer Prizes with a line of glossy lifestyle and celebrity magazines. McClatchy announces planned merger with magazine giant ...