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{{Infobox_Company |
{{Infobox_Company(BIG COCK) |
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| company_name = The McGraw-Hill Companies, Inc. |
| company_name = The McGraw-Hill Companies, Inc. |
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| company_logo = [[Image:McGraw-Hill wordmark.svg|220px|The McGraw-Hill Companies]] |
| company_logo = [[Image:McGraw-Hill wordmark.svg|220px|The McGraw-Hill Companies]] |
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| area_served = [[Global]] |
| area_served = [[Global]] |
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| industry = [[Publishing]] |
| industry = [[Publishing]] |
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| products = |
| products = (Jake sucks donkey shlong) |
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| revenue = {{profit}}[[U.S. dollar|USD$]]6.20 Billion (2006) |
| revenue = {{profit}}[[U.S. dollar|USD$]]6.20 Billion (2006) |
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| 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., (NYSE: MHP) 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
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
![](http://upload.wikimedia.org/wikipedia/en/c/c7/McGraw-Hill_Broadcasting.png)
The businesses within this segment provide useful information to individuals and organizations within several key industries.
- Aviation Week Group
- McGraw-Hill Broadcasting (all ABC affiliates, unless specified)
- Businessweek
- J.D. Power and Associates
- McGraw-Hill Construction
- Platts
Presidents of the company
- James H. McGraw (1917 – 1928)
- Malcolm Muir (1928 – 1948)
- James McGraw, Jr. (1948 – 1950)
- Curtis W. McGraw (1950 – 1953)
- Donald C. McGraw (1953 – 1968)
- Shelton Fisher (1968 – 1974)
- Harold McGraw, Jr (1974 – 1983)
- Joseph Dionne (1983 – 1998)
- Harold W. McGraw III (1998 – Present)
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
![]() | This article contains a list of miscellaneous information. (May 2008) |
- 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
- ^ "About Us: Corporate History: The Foundation". Retrieved May 26.
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suggested) (help) - ^ "About Us: Corporate History: The Information Age". Retrieved May 26.
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suggested) (help) - ^ "Education - The McGraw-Hill Companies". Retrieved May 26.
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suggested) (help) - ^ a b c d e "About Us: Corporate History: Development". Retrieved May 26.
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suggested) (help) - ^ "Platts History". Retrieved May 26.
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ignored (|access-date=
suggested) (help) - ^ a b c "About Us: Corporate History: Expansion". Retrieved May 26.
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ignored (|access-date=
suggested) (help) - ^ "The McGraw-Hill Companies to Acquire Micropal". Retrieved May 26.
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ignored (|access-date=
suggested) (help) - ^ "The McGraw-Hill Companies Completes Acquisition of Appleton & Lange". Retrieved May 26.
{{cite web}}
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ignored (|access-date=
suggested) (help) - ^ "The McGraw-Hill Companies To Acquire Tribune Education; Acquisition Strengthens McGraw-Hill Education's Leadership Position". Retrieved May 26.
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suggested) (help) - ^ "The McGraw-Hill Companies Completes Acquisition of J.D. Power and Associates". Retrieved May 26.
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suggested) (help) - ^ YouTube - TRAPPED IN AN ELEVATOR FOR 41 HOURS
External links
- The McGraw-Hill Companies website
- Transcripts of The McGraw-Hill Companies' Quarterly Conference Calls
- McGraw-Hill Higher Education website
- McGraw-Hill Education Europe, Middle East and Africa website
- McGraw- Hill Education
- Digital Engineering Library (Book List at 29Dec07 Book List at 25Feb08)
- McGraw-Hill Construction
- McGraw-Hill Professional
- McGraw-Hill's AccessScience
- Articles with trivia sections from May 2008
- Television broadcasting companies of the United States
- Book publishing companies of the United States
- Magazine companies of the United States
- Companies based in New York City
- Rockefeller Center
- Companies listed on the New York Stock Exchange
- Companies established in 1917