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{{Infobox_Company
{{Infobox_Company(BIG COCK)
| company_name = The McGraw-Hill Companies, Inc.
| company_name = The McGraw-Hill Companies, Inc.
| company_logo = [[Image:McGraw-Hill wordmark.svg|220px|The McGraw-Hill Companies]]
| company_logo = [[Image:McGraw-Hill wordmark.svg|220px|The McGraw-Hill Companies]]
Line 8: Line 8:
| area_served = [[Global]]
| area_served = [[Global]]
| industry = [[Publishing]]
| industry = [[Publishing]]
| products =
| products = (Jake sucks donkey shlong)
| revenue = {{profit}}[[U.S. dollar|USD$]]6.20 Billion (2006)
| revenue = {{profit}}[[U.S. dollar|USD$]]6.20 Billion (2006)
| operating_income = {{profit}}[[U.S. dollar|USD$]]1.52 Billion (2006)
| operating_income = {{profit}}[[U.S. dollar|USD$]]1.52 Billion (2006)

Revision as of 15:07, 9 October 2008

Template:Infobox Company(BIG COCK) The McGraw-Hill Companies, Inc., (NYSEMHP) is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are education, publishing, broadcasting, and financial and business services. It publishes numerous textbooks and magazines, including BusinessWeek and Aviation Week, and is the parent company of Standard & Poor's and J.D. Power and Associates.

Corporate history

The McGraw-Hill Companies traces its history back to 1888 when James H. McGraw, co-founder of the company, purchased the American Journal of Railway Appliances. He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899. His co-founder, John A. Hill, had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company.

In 1909 both men, having known each other for some time and sharing the same interests, agreed upon an alliance and combined the book departments of their publishing companies into The McGraw-Hill Book Company. John Hill served as President, with James McGraw as Vice-President. 1917 saw the merger of the remaining parts of each business into The McGraw-Hill Publishing Company, Inc.[1]

McGraw-Hill Publishing Company, Inc became The McGraw-Hill Companies in 1995, as part of a corporate identity rebranding.[2]

Corporate organization

The McGraw-Hill Companies organizes its businesses around three segments, based upon the market they are involved in.

Education

File:McGraw-Hill 90s.jpg
McGraw-Hill's 1990s logo

McGraw-Hill Education provides materials, both traditionally and online, for all levels of education. The company also provides references & trade publications for the medical, business and engineering professions.[3]

Companies within McGraw-Hill Education include:

  • CTB/McGraw-Hill
  • Glencoe/McGraw-Hill
  • The Grow Network/McGraw-Hill
  • Macmillan/McGraw-Hill
  • McGraw-Hill Contemporary
  • McGraw-Hill Digital Learning
  • McGraw-Hill Professional Development
  • SRA/McGraw-Hill
  • Wright Group/McGraw-Hill
  • McGraw-Hill Higher Education
  • McGraw-Hill Custom Publishing
  • McGraw-Hill Professional

McGraw-Hill Education is also established in Asia, Australia, Europe, Latin America (as McGraw-Hill Interamericana), Canada (as McGraw-Hill/Ryerson) and India (as Tata/McGraw-Hill). In the United Kingdom McGraw-Hill Education also publishes books and resources for Open University Press.

Financial services

This segment is comprised entirely of Standard & Poor's, which provides independent investment research including ratings on various investment instruments, as well as various indices that gauge financial markets, including the widely tracked S&P 500.

Information and media

McGraw-Hill Broadcasting

The businesses within this segment provide useful information to individuals and organizations within several key industries.

Presidents of the company

Acquisitions

During the course of its history The McGraw-Hill Companies has expanded significantly through acquisitions, not just within the publishing industry but also into other areas such as financial services (the purchase of Standard & Poor's in 1966) and broadcasting (the 1972 acquisition of Time-Life Broadcasting).

Notable acquisitions made by The McGraw-Hill Companies

Date of Acquisition Asset Acquired Industry
1920 Newton Falls Paper Company[4] -
1928 A.W. Shaw Company[4] -
1950s Gregg Company[4] Publisher of vocational textbooks
1953 Companies of Warren C Platts, including Platts[4][5] Publisher of petroleum industry information
1961 F.W. Dodge Corporation[6] Publisher of construction industry information
1965 California Test Bureau[4] Developer of educational testing systems
1966 Standard & Poor's[6] Financial Services
1968 National Radio Institute Correspondence School
1972 Television Stations of Time Life Broadcasting[6] Broadcasting
1997 Micropal Group Limited[7] Financial Services
1999 Appleton & Lange[8] Publisher of medical information
2000 Tribune Education, including NTC/Contemporary[9] Publisher of supplementary educational materials
2005 J.D. Power & Associates[10] Marketing information provider

Note that this list only includes acquisitions made by McGraw-Hill, not its subsidiaries. McGraw-Hill typically does not release financial information regarding its acquisitions or divestitures.

Trivia

  • The McGraw-Hill Building got public attention in April 2008, when old surveillance camera footage was released about a BusinessWeek production manager being trapped in the building's elevator for 41 hours back in October 1999.[11]

References

  1. ^ "About Us: Corporate History: The Foundation". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  2. ^ "About Us: Corporate History: The Information Age". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  3. ^ "Education - The McGraw-Hill Companies". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  4. ^ a b c d e "About Us: Corporate History: Development". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  5. ^ "Platts History". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  6. ^ a b c "About Us: Corporate History: Expansion". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  7. ^ "The McGraw-Hill Companies to Acquire Micropal". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  8. ^ "The McGraw-Hill Companies Completes Acquisition of Appleton & Lange". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  9. ^ "The McGraw-Hill Companies To Acquire Tribune Education; Acquisition Strengthens McGraw-Hill Education's Leadership Position". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  10. ^ "The McGraw-Hill Companies Completes Acquisition of J.D. Power and Associates". Retrieved May 26. {{cite web}}: Check date values in: |accessdate= (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)
  11. ^ YouTube - TRAPPED IN AN ELEVATOR FOR 41 HOURS