The Daily Journal Corporation

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The Daily Journal Corporation (NASDAQ: DJCO) is a public company that publishes newspapers and Web sites for California and Arizona. Its president is Gerald Salzman[1] and its chairman is Charles Munger[2]. The company's main offices are in Los Angeles.

The Daily Journal Corporation's largest publications are the Los Angeles and San Francisco Daily Journals, legal newspapers with a combined circulation of 12,200.[3] David Houston is the editor of those publications.[4]

The Daily Journal Corporation publishes other newspapers as well, including the California Real Estate Journal. Circulations of the company's other publications range from 50 to over 1,000.

The company specializes in public notice advertising, publishing state-mandated notices of deaths, fictitious business names, trustee sales and government hearings. Due to a dramatic increase in foreclosure notices, 47% of the company's 2008 revenues came from public notices, an increase of 16% from the previous year. Nearly all of that increase was due to notices published in the company's smaller newspapers. [3]

The company also publishes several specialized legal information services. Some include appellate court opinions and profiles of judges.[5]

SUSTAIN Technologies, a wholly-owned subsidiary of the company, develops software used to administer court cases.[6]

[edit] References

  1. ^ http://people.forbes.com/profile/gerald-l-salzman/25012
  2. ^ http://www.reuters.com/finance/stocks/officerProfile?symbol=DJCO.O&officerId=27270
  3. ^ a b http://www.secinfo.com/d14D5a.t7S55.htm
  4. ^ http://www.laobserved.com/archive/2008/12/berg_out_as_daily_journal.php
  5. ^ http://www.dailyjournal.com/newswire/index.cfm?sid=2143717948&tkn=d2SjbyJ8&cat=Opinions
  6. ^ http://www.sustain.net/

[edit] External links

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