- Leading New Jersey Companies - Advance Publications
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* Advance * Automatic Data Processing * Becton Dickinson * Bed, Bath & Beyond * Chubb * Church & Dwight * Cognizant Technologies * Dun & Bradstreet * Goya * Honeywell International * Horizon BlueCross * IDT * Hackensack Meridian * Hovnanian * Investors Bank * Johnson & Johnson * Mars * Merck * NJM Insurance * NRG Energy * PBF Energy * Provident Bank * Prudential * Quest * Quick Chek * RWJBarnabas * PSEG * TD Bank * Valley National Bank * Wakefern Food Advance Publications
Largest privately held publishing company in US, financial position sharply declined over past decade due to continuing losses in print magazine and newspaper publications.
Major subsidiaries and operations include
Founded 1922 by Samuel I. Newhouse (1895-1979), born to immigrant parents, raised in Bayonne, worked as teenager at Bayonne Times, later became its manager, Advance name derived from Staten Island Advance, first newspaper acquired by Newhouse> Newark Star-Ledger majority control acquired 1934 for $310,000; after Newhouse acquisition Star-Ledger rose from lowest circulation, advertising of 3 Newark papers to first and only surviving paper, now NJ's dominant newspaper, reportedly most profitable of all Newhouse newspapers> S. I. Newhouse son Donald Newhouse, remains Advance co-resident following 2017 death of Donald's brother and co-president S.I. Newhouse, Jr.> Advance Local group based in Woodbridge, responsible for digital strategy, innovation and development of multiplatform news and information products across Advance Local portfolio of brands> Donald's son Steven named chairman and co-president, Steven past editor of The Jersey Journal and chair of Advance Digital, based in Jersey City part of the Advance Local group based in Woodbridge, responsible for digital strategy, innovation and development of multiplatform news and information products across Advance Local portfolio of brands> Donald Newhouse ranked #41 of wealthiest people in US with estimated $11 billion in net worth in 2018 Forbes 400, Donald's son Michael served as assistant publisher of The Times of Trenton; and son Steven editor of The Jersey Journal and chair of Advance Digital, based in Jersey City part of the Advance Local group based in Woodbridge, responsible for digital strategy, innovation and development of multiplatform news and information products th across Advance Local portfolio of brands> NJ information holdings operate under NJ Advance Media unit publishing digital site NJ.com, restructuring implemented 2014 consolidated separate news staffs under NJ Advance Media to support web and print publications of The Star-Ledger, The Times of Trenton (acquired 1987), The Jersey Journal (Jersey City, acquired 1951), Hunterdon County Democrat, (weekly and one of NJ's oldest surviving papers founded 1867); South Jersey Times (consolidated operation following 2000 acquisition of South Jersey dailies Gloucester County Times, Today's Sunbeam, in Salem County and Bridgeton Evening News in Cumberland County, all of which ceased publication in 2012); terminated publication as of September 2017 of Horse News, regional monthly journal of equine world> Newhouse family, ranked as among US wealthiest by Forbes Magazine with estimated net worth over $16 billion, remains in top management> Newark headquarters of Star-Ledger for nearly 50 years sold to a New York developer in 2014, reduced staff presence at offices in Newark Gateway Center> Samuel I. Newhouse Foundation major financial patron of NJ Performing Arts Center, Rutgers University.
* Despite subscription surges for largest U.S. newspapers, circulation and revenue fall for industry overall, 6/1/2017, Pew Research Center * The sky is falling on print newspapers faster than you think, 1/20/2016, Medium.com * Inside the Massacre at the Newark Star-Ledger, The Paper That Makes Chris Christie Squirm, 4/14/2014, DailyBeast.com * Advance digital makeover of its newspapers — five years in and no turning back, 6/24/2014, Poynter.org * Advance * Automatic Data Processing * Becton Dickinson * Bed, Bath & Beyond * Chubb * Church & Dwight * Cognizant Technologies * Dun & Bradstreet * Goya * Horizon BlueCross * IDT * Hackensack Meridian * Hovnanian * Investors Bank * Johnson & Johnson * Mars * Merck * NJM Insurance * NRG Energy * PBF Energy * Provident Bank * Prudential * Quest * Quick Chek * RWJBarnabas * PSEG * TD Bank * Valley National Bank * Wakefern Food |