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Home > Company Index > Media > Publishing - Newspapers > Community Newspaper Holdings, Inc.
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Community Newspaper Holdings, Inc. |
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PROFILE |
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Community Newspaper Holdings, Inc. (CNHI) might be holding your community's newspaper. Founded in 1997 to acquire community papers, the company owns more than 300 daily and weekly publications (including pending transactions) in 22 states with a combined circulation of more than 1 million. More than 25% of CNHI's publications are in Oklahoma and Texas. Its largest daily paper, the Johnstown, Pennsylvania, "Tribune-Democrat" has a circulation of 48,000; most of the company's papers, however, fall in the 13,000-25,000 circulation range. CNHI, which is backed by Retirement Systems of Alabama, focuses on cutting costs by building newspaper clusters. The company has been buying newspapers from Hollinger and Thomson.
COMPETITION |
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The E. W. Scripps Company (SSP)
Gannett Co., Inc. (GCI)
Knight Ridder Inc. (KRI)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1997 Sales (mil.): 120.00
Employees: 3,000
Revenue per employee: $40,000.00
KEY PEOPLE |
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Mike Reed
CEO
Mike Reed
CFO
CONTACT INFO |
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3500 Colonnade Pkwy., Ste. 600
Birmingham, AL 35243
US
Phone: 205-298-7100
Fax: 205-298-7102
Online: Web Site
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