Philadelphia Media Network
|Industry||Internet & Print Media|
|Founded||Philadelphia, U.S. (2010 )|
|Headquarters||Philadelphia, Pennsylvania, U.S.|
(designated Publisher and CEO)
Philadelphia Media Network is an American media company. It owns The Philadelphia Inquirer, Philadelphia Daily News and the web portal Philly.com, acquired out of Chapter 11 bankruptcy protection from the prior owner, Philadelphia Media Holdings.
Philadelphia Media Network was initially owned by the creditors of Philadelphia Media Holdings. The company sold its inherited community newspaper division in December 2010. A group of local investors bought the company for $55 million in April 2012. Publisher and chief executive officer Greg Osberg stepped down on 11 May 2012. He was replaced by Bob Hall, 67, the publisher of the Daily News and Inquirer from 1990 to 2003, when the papers were owned by Knight Ridder. Philadelphia Media Network is owned by Philadelphia Philanthropist and Businessman H.F. "Gerry" Lenfest.
- Newspapers' owners choose Philadelphia Media Network Inc. as company's new name, Philadelphia Daily News, June 22, 2010
- Gambacorta, David (14 May 2012). "Osberg out as PMN CEO, Hall in". Philadelphia Daily News. Retrieved 20 May 2012.
- Rieder, Rem (17 November 2014). "Rieder: Philanthropist determined to save Philly papers". USA Today. Retrieved 8 May 2015.
|This article about a media company is a stub. You can help Wikipedia by expanding it.|