Advance Publications purchased Street & Smith Publications, Inc. in August 1959.[1][2] The Street & Smith trademark was resurrected in 2017, by Advance Publications' subsidiary American City Business Journals, for a series of sports annuals, and transferred later to a newly formed Leaders Group subsidiary of Advance Publications, creating a standalone sports focused division within Advance.
reddit.com:[9] "Reddit used to be owned by Condé Nast, but in 2011 it was moved out from under Condé Nast to Advance Publications, which is Condé Nast's parent company. Then in 2012, Reddit was spun out into a re-incorporated independent entity with its own board and control of its own finances, hiring a new CEO and bringing back co-founder Alexis Ohanian to serve on the board. Reddit has 3 sets of shareholders: The largest shareholder is still Advance Publications. The second-largest set of shareholders are Reddit employees. In the spin-out that occurred in early 2012, Advance voluntarily reduced its sole ownership to that of a partial owner in order to put ownership in the hands of current and future employees. The third and smallest fraction consists of a set of angel investors."[10]
RCA purchased Random House in 1965 and later sold it to Advance Publications in 1980.[12] Advance sold Random House to German media conglomerate Bertelsmann in 1998.[13]
Newhouse News Service, bearing the name of Advance Publications founder Samuel Irving Newhouse Sr., was founded in 1961 and closed in late 2008, as a cost-cutting measure due to the 2007–2008 financial crisis; based in Washington, D.C., its staff served as a national news bureau to all publications in the Advance portfolio[14]
Religion News Service (sold 2011 to the Religion Newswriters Foundation, a non-profit affiliate of the Religion Newswriters Association)[15]
Stations are listed alphabetically by state and city of license.
Note:
(**) – Indicates a station that was built and signed-on by Advance/Newhouse.
References
^"Advertising: Street Smith Deal? S. I. Newhouse, the newspaper publisher who recently moved into the magazine field, is reportedly negotiating to purchase Street Smith Publications, Inc." The New York Times (Aug. 12, 1959).
^"Advertising: Street & Smith to Newhouse," The New York Times (Aug. 26, 1959).
^"The Esports Observer now fully integrated with SBJ" (Press release). Street & Smiths Sports Business Journal. Retrieved 2023-11-27.
^Takahashi, Dean (2018-10-25). "Advance Publications buys The Esports Observer as a new sport emerges". VentureBeat. Archived from the original on 2022-12-06. Retrieved 2023-11-27.
^"Leaders Group, Parent Company of Sports Business Journal, Agrees to Acquire SportTechie". Leaders Group (Press release). 2021-10-07. Archived from the original on 2023-11-24. Retrieved 2023-11-27.
^Takahashi, Dean (2018-10-10). "Advance Publications acquires stake in esports and games analytics firm Newzoo". VentureBeat. Archived from the original on 2023-06-10. Retrieved 2023-11-27.
^Cook, John. (2013, January 16). "Advance Publications buys Seattle digital agency POP," GeekWire.com. Accessed: February 26, 2015.
^"Home page". Advance. 20 July 2020. Retrieved 18 August 2021.
^"reddit myth busters". Retrieved 12 October 2016.
^"Advance completes acquisition of The IRONMAN Group". Advance. 20 July 2020. Retrieved 18 August 2021.
^"RCA History". bobsamerica. Retrieved 3 October 2015.
^"The World: Bertelsmann Swallows Random House; American Pop Culture, Foreign-Owned". The New York Times. 29 March 1998. Retrieved 12 October 2016.
^Siegel, Fern (2008-07-30). "Newhouse News Service Shutters After 47 Years". MediaDailyNews. Media Post. Archived from the original on 2022-04-11. Retrieved 12 October 2016.
^"Religion News Service – Press Releases – Religion News Service Enters Nonprofit Partnership with Religion Newswriters Foundation". Archived from the original on 13 October 2016. Retrieved 12 October 2016.
