Journal Media Group
Journal Media Group (formerly Journal Communications) was a Milwaukee, Wisconsin-based newspaper publishing company. The company's roots were first established in 1882 as the owner of its namesake, the Milwaukee Journal, and expanded into broadcasting with the establishment of WTMJ radio and WTMJ-TV, and the acquisition of other television and radio stations.
Journal Communications building | |
| Formerly | The Journal Company Journal Communications |
|---|---|
| Company type | Public |
Traded as | NYSE: JMG |
| Industry | Media |
| Founded | 1882 |
| Defunct | April 8, 2016 |
| Fate | Acquired by Gannett Broadcast assets acquired by E. W. Scripps Company |
| Successor | Gannett Company E. W. Scripps Company |
| Headquarters | Milwaukee, Wisconsin , United States |
Area served | Nationwide |
Key people | |
| Revenue | $400 million (2012) |
| $60 million (2012) | |
Net income | $33.3 million (2012) |
| Total assets | $625.8 million (2012) |
| Total equity | $205.5 million (2012) |
On April 1, 2015, the E. W. Scripps Company acquired Journal Communications, and spun out the publishing operations of both Scripps and Journal into a new company known as Journal Media Group. It is led by Timothy E. Stautberg—the former head of Scripps' newspaper business, joined by previous Journal CEO Stephen J. Smith as a chairman. In 2016, Journal Media Group was acquired by Gannett.