October 25, 2016 7:55 PM ET


Company Overview of Hearst Newspapers LLC

Company Overview

Hearst Newspapers LLC publishes daily and weekly newspapers in Texas, New York, and Michigan. The company offers online newspaper editions. It also engages in phone directory and yellow-pages publishing. The company was incorporated in 2007 and is based in Washington, District of Columbia. Hearst Newspapers LLC operates as a subsidiary of The Hearst Corporation.

700 12th Street NW

Suite 100

Washington, DC 20005

United States

Founded in 2007



Key Executives for Hearst Newspapers LLC

Age: 52
Chief Executive Officer of Hearst and President of Hearst
Age: 54
Senior Vice President of Circulation, Group Publisher and President of Hearst Connecticut Media Group
President of Houston Chronicle
Age: 48
President of Digital Media
Compensation as of Fiscal Year 2016.

Hearst Newspapers LLC Key Developments

Theater Square Sues Both Hearst Newspapers LLC and Block 58 Investors LLC

Theater Square sued both the Chronicle's parent company, Hearst Newspapers LLC - and its new owner, Block 58 Investors LLC. The plaintiff, Theater Square LP, claims the demolition will interfere with its agreement to construct a pedestrian tunnel under the building. The Chronicle building is on Block 58, and Theater Square owns Block 43, which is just north of the building and separated by Prairie Street. According to the lawsuit, access to the tunnels is an essential component of Theater Square's plans for developing Block 43. In 2007, Theater Square and Hearst entered into an agreement in which the latter granted the former "perpetual easements for the purpose of access and passage through" the existing passageways that connect Block 58 with the Chase Tower and with 717 Texas, as well as the existing passageway in the basement of the Chronicle building. The lawsuit alleges that both Hearst and Hines breached their obligations under the Prairie Tunnel Agreement, "including but not limited to denying TSLP access to its easement rights and failing to assist TSLP in obtaining necessary permits and vault rights." Now that Hines appears to be preparing to demolish the building, Theater Square filed the lawsuit to prevent further interference with its efforts related to the tunnel construction and to prevent activities that would demolish or damage the basement areas of the Chronicle building. Theater Square is seeking a temporary restraining order, a temporary injunction, a permanent injunction and a declaratory judgment against Hines, as well as actual damages and attorney's fees against Hearst and Hines.

Gannett Co., Inc., Hearst, McClatchy and Tribune Publishing Co. Announces the Formation of Nucleus Marketing Solutions

Gannett Co., Inc., Hearst, McClatchy and Tribune Publishing Co. announced the formation of Nucleus Marketing Solutions. This premier marketing solutions provider will connect national advertisers to the top U.S. local publishers' highly engaged audiences across existing and emerging digital platforms. In addition to the news organizations owned by the founding companies, the network expects to include as many as 11 other affiliate partners across the top U.S. advertising markets. Nucleus will reach over 70% of consumers in the top 30 U.S. advertising markets and provide clients with integrated solutions that deliver on their marketing goals. Digitally, the network will reach 168 million unique visitors. It is a true national content marketing network for integrated multimedia solutions, offering advertisers a brand-safe, easy-to-access and scalable distribution alternative.

Hearst Newspapers Names Paul Barbetta as the Group Publisher President of Hearst Connecticut Media Group

Hearst Newspapers has named Paul Barbetta as the group publisher and president of Hearst Connecticut Media Group. Barbetta will report to Mark Aldam, Hearst Newspapers President. In his new role, Barbetta will oversee Hearst's network of media companies in Connecticut, including four daily papers-Connecticut Post in Bridgeport, The News-Times in Danbury, The Advocate in Stamford and Greenwich Time-five weekly newspapers and 11 websites in Fairfield County. Since 2012, Barbetta has served as senior vice president of circulation for Hearst Newspapers, a role he will continue to hold.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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