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 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.[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]
Referencesedit
^Warner, Bob (June 22, 2010). . iStockAnalyst. Philadelphia Daily News. Archived from the original on June 25, 2010. Retrieved January 13, 2016.
^Gambacorta, David (May 14, 2012). "Osberg out as PMN CEO, Hall in". Philadelphia Daily News. Retrieved May 20, 2012.
^Rieder, Rem (November 17, 2014). "Rieder: Philanthropist determined to save Philly papers". USA Today. Retrieved May 8, 2015.
^Gamage, Jeff (January 12, 2016). "Lenfest donates newspapers, website to new media institute". philly.com. Philadelphia Media Network (Digital) LLC. Retrieved January 3, 2017.
^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 August 25, 2019.
^Orso, Anna. "Former New Yorker executive Lisa Hughes named Philadelphia Inquirer's first female publisher". The Philadelphia Inquirer. Retrieved February 13, 2021.
External linksedit
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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 peopleJosh Kopelman Chairman Elizabeth H Hughes Publisher and Chief Executive Officer H F Lenfest former publisher OwnerThe Philadelphia FoundationWebsitewww wbr inquirer wbr comHistory editSee also Philadelphia Daily News and The Philadelphia Inquirer 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 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 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 May 14 2012 Osberg out as PMN CEO Hall in Philadelphia Daily News Retrieved May 20 2012 Rieder Rem November 17 2014 Rieder Philanthropist determined to save Philly papers USA Today Retrieved May 8 2015 Gamage Jeff January 12 2016 Lenfest donates newspapers website to new media institute philly com Philadelphia Media Network Digital LLC Retrieved January 3 2017 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 August 25 2019 Orso Anna Former New Yorker executive Lisa Hughes named Philadelphia Inquirer s first female publisher The Philadelphia Inquirer Retrieved February 13 2021 External links editPhilly com nbsp This Philadelphia related article is a stub You can help Wikipedia by expanding it vte nbsp 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 1168974930, wikipedia, wiki, book, books, library,
