Classified Ventures

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Classified Ventures, LLC, is a Delaware limited liability company, based in Chicago, owned by a strategic joint-venture of five large media companies -- A. H. Belo, Gannett, The McClatchy Company, Tribune Company, and Graham Holdings Company[1] -- to capitalize on the revenue growth in the online classified advertising categories of automotive and rentals.

On August 5, 2014, Gannett announced that it would buy out the remainder of the company for $1.8 billion.[2][3]


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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". TVNewsCheck. 5 August 2014. Retrieved 5 August 2014. 

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