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.[1] 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 11 May 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.[2] Philadelphia Media Network was purchased by Philadelphia businessman H. F. "Gerry" Lenfest in 2014.[3] Lenfest donated the company to The Philadelphia Foundation, a nonprofit organization, in 2016.[4][5] The Philadelphia Media Network also converted to a public benefit corporation, with a charter that balances public benefit alongside shareholder returns.[6] 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.[7]
In January 2020, Lisa Hughes was named publisher and CEO. She is the first female publisher of The Inquirer.[8]
References
^Warner, Bob (June 22, 2010). . iStockAnalyst. Philadelphia Daily News. Archived from the original on June 25, 2010. Retrieved January 13, 2016.
^Gambacorta, David (14 May 2012). "Osberg out as PMN CEO, Hall in". Philadelphia Daily News. Retrieved 20 May 2012.
^Rieder, Rem (17 November 2014). "Rieder: Philanthropist determined to save Philly papers". USA Today. Retrieved 8 May 2015.
^Gamage, Jeff (January 12, 2016). "Lenfest donates newspapers, website to new media institute". philly.com. Philadelphia Media Network (Digital) LLC. Retrieved 2017-01-03.
^Dale, Maryclaire (January 12, 2016). "Philadelphia newspapers, website handed off to new nonprofit". Yahoo News. Associated Press. Retrieved January 13, 2016.
^Yu, Roger (January 12, 2016). "Philadelphia newspapers to be run as public benefit corporation". USA Today. Retrieved January 19, 2020.
^"Why the Inquirer is replacing Philly.com". Billy Penn. Retrieved 2019-08-25.
^Orso, Anna. "Former New Yorker executive Lisa Hughes named Philadelphia Inquirer's first female publisher". The Philadelphia Inquirer. Retrieved 2021-02-13.
External links
Philly.com
This Philadelphia-related article is a stub. You can help Wikipedia by expanding it.
philadelphia, inquirer, formerly, philadelphia, media, network, american, media, company, owns, philadelphia, inquirer, philadelphia, daily, news, company, owned, philadelphia, foundation, nonprofit, organization, philadelphia, pennsylvania, typepublic, benefi. The Philadelphia Inquirer LLC formerly Philadelphia Media Network PMN is an American media company It owns The Philadelphia Inquirer and Philadelphia Daily News The company is owned by The Philadelphia Foundation a nonprofit organization in Philadelphia Pennsylvania U S The Philadelphia Inquirer LLCTypePublic benefit corporationIndustryMass mediaFounded2010 2010 HeadquartersPhiladelphia Pennsylvania U S Key peopleElizabeth H Hughes Publisher and Chief Executive Officer Josh Kopelman Chairman H F Lenfest former publisher OwnerThe Philadelphia FoundationWebsitewww wbr inquirer wbr comHistory EditPhiladelphia 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 1 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 11 May 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 2 Philadelphia Media Network was purchased by Philadelphia businessman H F Gerry Lenfest in 2014 3 Lenfest donated the company to The Philadelphia Foundation a nonprofit organization in 2016 4 5 The Philadelphia Media Network also converted to a public benefit corporation with a charter that balances public benefit alongside shareholder returns 6 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 7 In January 2020 Lisa Hughes was named publisher and CEO She is the first female publisher of The Inquirer 8 References Edit Warner Bob June 22 2010 Newspapers owners choose Philadelphia Media Network Inc as company s new name iStockAnalyst Philadelphia Daily News Archived from the original on June 25 2010 Retrieved January 13 2016 Gambacorta David 14 May 2012 Osberg out as PMN CEO Hall in Philadelphia Daily News Retrieved 20 May 2012 Rieder Rem 17 November 2014 Rieder Philanthropist determined to save Philly papers USA Today Retrieved 8 May 2015 Gamage Jeff January 12 2016 Lenfest donates newspapers website to new media institute philly com Philadelphia Media Network Digital LLC Retrieved 2017 01 03 Dale Maryclaire January 12 2016 Philadelphia newspapers website handed off to new nonprofit Yahoo News Associated Press Retrieved January 13 2016 Yu Roger January 12 2016 Philadelphia newspapers to be run as public benefit corporation USA Today Retrieved January 19 2020 Why the Inquirer is replacing Philly com Billy Penn Retrieved 2019 08 25 Orso Anna Former New Yorker executive Lisa Hughes named Philadelphia Inquirer s first female publisher The Philadelphia Inquirer Retrieved 2021 02 13 External links EditPhilly com This Philadelphia related article is a stub You can help Wikipedia by expanding it vte This United States media company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title The Philadelphia Inquirer LLC amp oldid 1122121892, wikipedia, wiki, book, books, library,
