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Advance/Newhouse Group: chronology

Landmarks

This chronology is indicative only.


It covers -

  • beginnings (1911)
  • buys Conde Nast (1959)
  • into book publishing (1980)
  • out of books (1998)

Context is provided by the broader communications and media timeline on this site.

Beginnings

1873 birth of Conde Nast

1892 Vogue magazine founded by Arthur Turnure & Harry McVickar

1897 Robert Collier revamps Collier's Weekly, employs Conde Nast

1905 Nast gains control of Home Pattern Company

1909 Nast buys Vogue

1911 Solomon Neuhaus, later Samuel Newhouse, becomes editor of ailing Bayonne Times newspaper owned by judge Hyman Lazaru

1913 Nast relaunches Dress & Vanity Fair

1915 Nast buys House & Garden (founded 1901)

1915 co-publishes Gazette du Bon Ton

1916 launches UK edition of Vogue

1920 launches UK House & Garden, French Vogue

1921 buys L'Illustration des Modes, relaunched as Jardin des Modes

1922 Newhouse and Lazarus buy 51% of Staten Island Advance newspaper for US$98,000.

1924 Lazarus sells stake to Newhouse and associates William Wolfe and St John Mclean

1924 Newhouse takes 60% of Staten Island Advance Corporation

1927 IPO of The Conde Nast Publications Inc

1928 Newhouse buys out associates for US$198,000

1928 Nast launches German Vogue and The American Golfer

1932 launches Hollywood Patterns

1932 Newhouse buys 51% of Long Island Press for US$750,000

1933 Nast bailed-out by Camrose after Wall Street Crash

1935 closes The American Golfer

1935 Street & Smith launch Mademoiselle magazine

1935 Newhouse buys 51% share in New Jersey's Newark Ledger

1936 Nast closes Vanity Fair

1938 Newhouse buys and merges Flushing North Shore Journal and Long Island Star for US$250,000

1939 launches Glamour of Hollywood magazine

1939 Newhouse buys Syracuse Herald and Journal from Hearst for US$1.9m, merging them into the Herald-Journal

1939 Newhouse buys Newark Star-Eagle from Block, merged with Ledger to form the Newark Star-Ledger

1942 gains Syracuse monopoly by buying Post-Standard

1942 death of Conde Nast, UK Amalgamated Press takes control of Conde Nast Publications

1945 Newhouse gains control of Jersey Journal

1947 buys Patriot Company, publisher of Harrisburg Patriot and Evening News

1948 buys radio WSYR Syracuse

1949 Staten Island Advance Corp renamed Advance Publications

1950 buys Portland Oregonian for US$5.6m

1951 acquires rest of Jersey Journal

1953 sells KGW Portland to King Broadcasting

1955 buys St Louis Globe-Democrat for US$6.5m

1955 buys Birmingham News and Huntsville Times

1956 buys WAPI Birmingham (founded 1992 as WMAV)

1958 Berrys sell Amalgamated Press to Daily Mirror Group

Buys Conde Nast

1959 Newhouse buys Conde Nast magazine group for US$5m

1959 buys Street & Smith

1961 buys Oregon Journal for US$8m, giving monopoly in Portland

1962 Newhouse buys New Orleans Times-Picayune newspaper group

1966 buys Mobile Register, Mobile Press and Mississippi Press-Register

1967 buys Cleveland Plain Dealer for US$54m

1967 newspaper revenue reaches US$500m pa

1967 establishes NewChannels, with ownership of several cable systems

1970 buys 49% of paper mill in Catawba, South Carolina

1971 buys and closes Newark Evening News for US$20m

1976 buys Booth chain of eight Michigan newspapers and Parade magazine for US$304m

1977 Long Island Press closed

1979 death of Samuel I Newhouse. Family claims estate is worth US$182m, taxable at US$48m. US government claims estate is worth US$1.2bn, seeks US$658m tax plus US$305m penalty

Into book publishing

1980 Newhouse's Advance buys Random House book publishing group from RCA for US$70m

1980 five television stations sold to Times Mirror for US$82 million

1980 New Orleans Times-Picayune merged with States-Item

1981 becomes the eighth-largest cable television operator in US after Newhouse Broadcasting buys Vision Cable Communications for US$180m

1982 Cleveland Press closed

1982 launches Self magazine

1982 Random buys paperback publisher Fawcett Books

1982 Advance merges Portland Oregon Journal and Oregonian

1983 resurrects Vanity Fair

1983 buys Gentleman's Quarterly

1984 buys UK Tatler

1984 buys UK World of Interiors

1984 sells St Louis Globe-Democrat

1984 Random buys Times Books from the New York Times

1985 buys New Yorker for US$200m

1986 buys Citibank's Signature for US$25m, rebadged as Conde Nast Traveller

1986 Random buys Fodor's Travel Guides

1987 Random buys Chatto, Virago, Bodley Head & Jonathan Cape

1987 Random buys Schocken Books

1988 buys Details magazine for US$3m

1988 buys Woman magazine for US$10m

1988 Random buys Crown Publishing Group (Crown, Clarkson Potter, Harmony Books and the Outlet Books)

1988 death of Norman Newhouse

1989 Random buys Century Hutchinson

1989 est newspaper revenue US$1.7bn

1990 court decides in favour of Newhouse estate in 1979 tax case

1990 Random launches Turtle Bay imprint

1991 Advance launches Allure beauty magazine

1993 Newhouse invests US$500 million with Barry Diller in QVC's unsuccessful bid for Paramount (acquired by Viacom)

1995 Advance, Tribune Company, Knight-Ridder and Cox buy PRC Realty Systems (real estate listings) from Black and Decker

1995 Advance buys 7% of Open Market ISP

1995 launch of Random House Entertainments

1995 buys American City Business Journals (ACBJ) for US$269m

1997 Random buys trade division of Reed Books

Out of books

1998 Advance sells its book interests to Bertelsmann

1998 Advance buys Sun Newspapers, 23 weeklies in suburban Cleveland

1999 sells 40% holding in Wagadon (The Face) to EMAP

1999 buys Fairchild Publications Inc. from Disney

2000 Advance sales est US$4.5bn

2001 buys Golf Digest

2000 buys Gloucester County Times, Salem Today’s Sunbeam, Bridgeton Evening News, Easton Express-Times and other New Jersey papers from MediaNews

2001 Syracuse Herald-Journal closed

2001 Mademoiseille closed

2002 buys Modern Bride magazine group from Primedia for US$52m

2004 buys YM magazine group from Bertelsmann-controlled Gruner & Jahr