Classified Ventures

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Classified Ventures, LLC was a Chicago-based media company. The company, established to capitalize on the revenue growth in the online classified advertising categories of automotive and rentals, was a joint venture between five major newspaper publishers: A. H. Belo, Gannett, The McClatchy Company, Tribune Company, and Graham Holdings Company[1] --

On August 5, 2014, Gannett announced that it would buy out the remainder of the company for $1.8 billion, giving it full ownership of Classified Ventures' properties.[2][3] The acquisition was closed on October 1, 2014.[4]

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References[edit]

  1. ^ "Industry takes slow steps toward digital transactions". San Francisco Chronicle. July 31, 2005.
  2. ^ "Media Giant Gannett to Spin Off USA Today and Print Business". 5 August 2014. Retrieved 5 August 2014. 
  3. ^ "Gannett Reorganizing, Buying Cars.com". NetNewsCheck. 5 August 2014. Retrieved 5 August 2014. 
  4. ^ "Gannett Completes Cars.com Acquisition". 1 October 2014. Retrieved 2 October 2014. 

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