The Philadelphia Inquirer, LLC (formerly Philadelphia Media Network (PMN)) is an American media company. It owns ''
The Philadelphia Inquirer
''The Philadelphia Inquirer'', often referred to simply as ''The Inquirer'', is a daily newspaper headquartered in Philadelphia, Pennsylvania. Founded on June 1, 1829, ''The Philadelphia Inquirer'' is the third-longest continuously operating da ...
'' and ''
Philadelphia Daily News
''Philadelphia Daily News'' is a tabloid newspaper that serves Philadelphia, Pennsylvania. The newspaper is owned by The Philadelphia Inquirer, LLC, which also owns ''The Philadelphia Inquirer'', a daily newspaper in Philadelphia.
The ''Dail ...
''. The company is owned by
The Philadelphia Foundation, a nonprofit organization in
Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
, Pennsylvania, U.S.
History
Philadelphia Media Network, then including the newspapers' joint web portal Philly.com, was formed and initially owned by the creditors of
Philadelphia Media Holdings (PMH), acquired out of
Chapter 11 bankruptcy protection. The company sold its inherited community newspaper division in December 2010. A group of local investors under the corporate name of
Interstate General Media LLC bought the company for $55 million in April 2012.
Publisher and chief executive officer Greg Osberg stepped down on May 11, 2012. He was replaced by Bob Hall, 67, the publisher of the ''Daily News'' and ''Inquirer'' from 1990 to 2003, when the papers were owned by
Knight Ridder.
Philadelphia Media Network was purchased by Philadelphia businessman
Gerry Lenfest in 2014. In 2016, Lenfest donated the company to
The Philadelphia Foundation, a nonprofit organization.
The Philadelphia Media Network also converted to a
public benefit corporation with a charter that balances public benefit alongside shareholder returns. In 2019, Philadelphia Media Network renamed Philly.com to Inquirer.com and made the ''Daily News'' an edition of ''The Inquirer''. Philadelphia Media Network was renamed The Philadelphia Inquirer, LLC.
In January 2020, Lisa Hughes was named publisher and CEO; she is the first female publisher of The Inquirer.
References
External links
Philly.com
Companies based in Philadelphia
American companies established in 2010
Mass media companies established in 2010
Publishing companies established in 2010
Mass media companies of the United States
Newspaper companies of the United States
2010 establishments in Pennsylvania
Public benefit corporations based in the United States
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