Hearst Communications

About The Fund

Hearst Communications is an American multinational diversified media and information company that engages in a variety of business activities across the globe. Founded in 1887 and based in New York City, the company's operations span across several sectors including publishing, television, and digital media. Hearst Communications' publishing arm is quite robust, with the company owning 15 daily and 36 weekly newspapers, and having a significant presence in the magazine industry with more than 300 magazines worldwide, notable titles include 'Harper's Bazaar', 'Cosmopolitan', 'Esquire', 'Elle', and 'O, The Oprah Magazine'. In television, Hearst Television, Inc., owns 30 television stations that account for 19% of U.S. viewers, signifying a powerful broadcast footprint. In addition, Hearst has stakes in leading cable networks such as A+E Networks and ESPN Inc. Beyond media, Hearst provides diverse information, insights, analytics, and workflow solutions to finance, healthcare, and transportation markets through its range of business publishing and service offerings. The company's investment activities include a minimum investment threshold of $250,000 and a maximum of $133,000,000, demonstrating a significant range for potential investment opportunities. Alongside its core operations and investment activities, Hearst is involved in digital distribution, television production, newspaper features distribution, real estate ventures, and has dynamic engagement with community, diversity, sustainability, and career development initiatives as evidenced by the content and sections featured on its website.