September 02, 2014 6:23 PM ET

Media

Company Overview of The Hearst Corporation

Company Overview

The Hearst Corporation, a diversified media and information company, engages in magazine and newspaper publishing; television (TV) and radio broadcasting; and TV production and distribution, newspaper features distribution, and real estate businesses. It offers daily and weekly newspapers, monthly magazines, cable networking services, and Internet services. The company also engages in cable network partnerships, television programming activities, and newspaper syndication and merchandise licensing operations. In addition, it operates business-to-business information services, electronic databases, and publications. Further, the company invests in companies operating in media and technology; ...

300 West 57th Street

New York, NY 10019

United States

Founded in 1887

Phone:

212-649-2000

Fax:

212-649-2639

Key Executives for The Hearst Corporation

Chief Executive Officer
Age: 52
Chief Financial Officer
Age: 52
Director
Age: 38
Director
Age: 50
Chief Executive Officer of Hearst Magazines UK and Chief Operating Officer of Hearst Magazines UK
Age: 39
Compensation as of Fiscal Year 2014.

The Hearst Corporation Key Developments

Hearst Corporation Continues To Evaluate Strategic Alternatives For Station Group

The Hearst Corporation is continuing with evalutating strategic alternatives for its station group. Jordan Wertlieb, President of Hearst Corporation said, "We continue to evaluate strategic opportunities to strengthen our station group by adding stations that serve their communities with news and local programming in growth markets."

Amazon.com And Others Reportedly Interested In Acquisition Of StyleHaul

Over the past several weeks, StyleHaul Inc., a multichannel network by YouTube, LLC, has been approached about a potential acquisition by suitors including Amazon.com Inc. (NasdaqGS:AMZN), Twenty-First Century Fox, Inc. (NasdaqGS:FOXA), The Hearst Corporation and The Condé Nast Publications Ltd., reported Variety citing multiple sources, who indicate the sale process is being handled by Guggenheim Partners. StyleHaul declined to comment. StyleHaul is backed by RTL Group SA (BDL:006146252). Sources said that both Hearst and Twenty-First Century Fox had preliminary talks with StyleHaul about a deal but that those did not progress. The status of StyleHaul’s negotiations with Amazon and Condé Nast are unclear, as is StyleHaul’s asking price range. A media executive with the knowledge of the matter said, "These guys (StyleHaul) are still early in their (sale) process." A spokeswoman for StyleHaul said, "We do not comment on rumors and speculation." Representatives for Fox, Hearst, Condé Nast and Guggenheim declined to comment to Variety; Amazon did not respond to requests by Variety for comment.

Hearst Corporation Launches CosmoBody

Hearst Corporation introduced CosmoBody, its first premium subscription video on-demand service created by the newly formed Hearst Digital Studios, a group dedicated to developing all-new digital products and video channels from brands across the company. CosmoBody is a fitness and lifestyle channel conceived and designed in conjunction with the Cosmopolitan editorial team to capture the unique voice and sensibility of the iconic brand. Available at $9.95 a month, CosmoBody membership provides access (via Web, iOS and Android) to streaming on-demand workout and lifestyle videos, produced by Mark Burnett's VIMBY studios, and original editorial content that is updated daily - all through the fun, fearless lens of Cosmopolitan and designed to get users hot and fit fast. The CosmoBody channel features eight celebrity trainers with big personalities, including dance cardio trainer Jennifer Johnson, boot camp specialists Astrid Swan McGuire and Adam Rosante, martial arts expert Ary Nunez, strength trainer Don Saladino, yoga specialist Tara Stiles, dance instructor Katia Pryce and basic fitness instructor Rique Uresti, as well as celebrated food blogger Camille Becerra, in highly stylized and seductive videos. Shot in fresh and vibrant locations ranging from New York rooftops to the beaches of Santa Monica, Calif., the videos offer a glimpse into trainers' personal lives, while giving viewers the food and fitness tools -- as well as life coaching advice -- to power through their own lives. Members can browse a growing selection of videos that are organized by trainer and workout type. Some of the key features of the CosmoBody channel include: CHALLENGES: Editors and trainers create structured 1-4 week programs to get women ready for their key reveal moments: whether it's helping a bride get a ‘Wowza Wedding Body,’ ‘Sexier by Saturday’ for the big date, or ‘Revenge Body’ to help recover from a breakup. AIRPLAY: On iOS, users can stream workouts from their phones and tablets to their big screens via Apple TV - a first step in a series of screen integrations debuting in the coming months. STATS: Users can track approximate calories burned from workouts and soon will be able to link CosmoBody with key fitness trackers and wearable devices. This is a first step in an increasingly personalized experience.

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