Philadelphia Media Holdings LLC · Philadelphia, PA United States
Company Description
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You can bet that brotherly love makes headlines at these papers. Philadelphia Media Holdings owns and operates The Philadelphia Inquirer and the Philadelphia Daily News, the two primary newspapers serving the Philadelphia metro area. The Inquirer, one of the top newspapers in the country, boasts a circulation of more than 360,000, while the tabloid-style Daily News has a circulation of about 100,000. Philadelphia Media also operates an online portal (philly.com) aggregating news from both papers. The holding company was formed by Brian Tierney and Bruce Toll to acquire the newspapers from McClatchy in 2006. Philadelphia Media and its operating unit Philadelphia Newspapers both filed for bankruptcy in 2009. To read the full description, subscribe now.
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Key Philadelphia Media Holdings LLC Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 3,500 |
Philadelphia Media Holdings LLC Executives
13 executives listed for Philadelphia Media Holdings LLC's Philadelphia, PA location.
| Title | Name & Bio | Contact |
| CEO | Brian Tierney | Network |
| Manager Budget and Administration, Philadelphia Inquirer | Helene Glowienka | Network |
| EVP; Publisher, Philadelphia Daily News | Mark Frisby | Network |
Competition
Competitive Landscape for Philadelphia Media Holdings LLC
The health of the economy drives both advertising and readership. The profitability of individual companies depends on marketing expertise, as most costs are fixed. Large companies benefit from economies of scale in sharing resources and by providing a range of outlets for advertisers. Small publishers can compete successfully by serving smaller markets. The industry is fairly labor-intensive: average annual revenue per employee is about $120,000. To read the full description, subscribe now.Top Philadelphia Media Holdings LLC Competitors
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