WHO OWNS WHAT
Advance Publications Corporate Timeline
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.
1890s
1895
- Solomon Neuhaus born in New York City. Later changes name to Samuel Irving Newhouse (Si).
1910s
1911 - Newhouse works his way up from office boy to managing the Bayonne Times
1920s
1920
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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
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Newhouse purchases stake in the Staten Island Advance
1923
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Newhouse takes over the position of publisher of Staten Island Advance
1930s
1932
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Newhouse purchases a 51% stake in the Long Island Press from the Ridder brothers for $600,000
1934
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Newhouse purchases a 51% stake in the Newark Ledger for $310,000
1939
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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
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Newhouse purchases the Newark Star-Eagle. Combines both newspapers in Newark to form The Star-Ledger
1940s
1942
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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
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Newhouse purchases stake in the Jersey Journal
1947
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Newhouse associate Edwin Russell purchases the Harrisburg Patriot and Evening News
1948
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Newhouse purchases the Harrisburg Telegraph. Less than two months later the newspaper goes out of business
1950s
1950
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Newhouse purchases The Oregonian for $5.6 million, at the time the largest newspaper sale ever
1955
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Newhouse purchases St. Louis Globe-Democrat for $6.5 million, another record
1955
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Newhouse purchases Birmingham News and Huntsville Times for a combined $18.7 million, another record
1959
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Newhouse acquires Street & Smith magazine group
1959
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Newhouse acquires Conde Nast magazine group
1960s
1961
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Newhouse acquires the Oregon Journal for $8 Million
1962
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Newhouse purchases New Orleans Times-Picayune newspaper group (includes the Times-Picayune and States-Item) for $42 million, another record
1962
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Samuel Newhouse appears on the July 27 cover of Time magazine
1964
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Syracuse dedicates its new School of Communications Center in the name of Samuel Newhouse, the largest gift to Syracuse by a living donor
1966
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Newhouse acquires three Springfield (Mass) newspapers News, Republican, and Union
1966
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Newhouse acquires Mobile Register, Mobile Press and Mississippi Press-Register
1967
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Newhouse purchases the Cleveland Plain-Dealer for $54.2 million, another record
1970s
1976
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Newhouse gains total ownership of the eight Booth newspapers and Parade Magazine for $305 million
1977
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Long Island Press ceases operations
1979
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Samuel Sr. dies from complications of a stroke. Si Jr. controls the magazine operations while Donald Newhouse oversees the newspapers.
1980s
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 Statesman
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 magazine
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 filed
1986 - Random House acquires Fodor's Travel Guides
1988 - Random House buys Crown Publishing Group
1990s
1995 - Newhouse and Time Warner Cable combine cable systems to create large clusters
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 - Present
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 Express-Times (Easton).
2001 - Syracuse Herald-Journal closes
2001 - Conde Nast Publications closes fashion magazine Mademoiselle
2002 - Advance purchases Modern Bride magazine group from Primedia for $52 million
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



