Advance Publications
Media and communications
Company owns Conde Nast Publications, American City Business Journals, the Golf Digest, plus companies and newspapers in more than 25 American cities. Subsidiaries have interests in cable televisions and internet sites, including reddit. It is the largest privately held media company in the US and Conde Nast is the USA's leading magazine publisher, including Vogue and GQ.

Overall

Owned USA
Rating D
About the Ratings
Advance Publications Inc
USA

Company Assessment

Advance Publications Inc
Criticism
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 9%.

Company Details

Type:
Private company
Revenue:
8 billion USD (2015)
Employees:
25,000 (2015)
Subsidiaries:
reddit Inc (30% owned)
Social media community website
Founded by Steve Huffman and Alex Ohanian in 2005, reddit is an online community where users submit, vote and comment on content, news and discussions. It is nicknamed 'the front page of the internet' and is the 7th most popular site in the USA. Acquired by Conde Nast Publications in 2006, it became a direct subsidiary of its parent company, Advance Publications in 2011. It has operated as an independent entity since 2012 but Advance Publications remains its largest shareholder. Became a public company in March 2024.

Contact Details

Address:
Staten Island, New York, USA
Website:
www.advance.net

Products / Brands

reddit (30% owned)
Reddit Social Media