McClatchy Newspapers
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| Public | |
| Traded as | : MNI |
| Industry | Publishing |
| Founded | February 3, 1857 |
| Founder | James McClatchy |
| Headquarters | Sacramento, California |
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Key people
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Kevin McClatchy (Chairman) Craig Forman (President and CEO) |
| Products | Newspapers |
| Revenue |
 US$ 977 million (2016)
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 US$ 22.5 million (2016)
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US$ -34.1 million (2016)
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Number of employees
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5,600 full and part-time (2015) |
| Website | mcclatchy |
The McClatchy Company is a publicly traded American publishing company based in Sacramento, California. It operates 29 daily newspapers in 14 states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million. In 2006, it purchased Knight Ridder, which at the time was the second-largest newspaper company in the United States (Gannett was and remains the largest). In addition to its daily newspapers, McClatchy also operates several websites and community papers.
The company originated with The Sacramento Bee, which was first published on February 3, 1857, after the California Gold Rush. James McClatchy took over as editor of the Bee within a week.
For most of its history, the company was focused on the newspaper business in California's Sacramento Valley and San Joaquin Valley. It acquired its first out-of-state newspapers in 1979 and, through numerous subsequent acquisitions, has grown into a nationwide company in the U.S. In its first moves outside its home state, McClatchy bought the Anchorage Daily News in Anchorage, Alaska, and the Tri-City Herald in Kennewick, Washington.
McClatchy acquired then-ABC-affiliate KOVR from Metromedia in 1963. The company's own Modesto Bee reported the sale of the station. It was sold to The Outlet Company in 1978 and today exists as a CBS owned-and-operated station.
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Wikipedia