Best known as the former publisher of The Washington Post newspaper, Graham Holdings (formerly the Washington Post Company) is now focused on education, broadcasting, and print and online news magazines. Its largest segment is education, conducted via Kaplan, which includes tutoring and test preparation services. Other operations include a portfolio of five TV stations and online and print publications such as Slate and Foreign Policy. It spun off cable TV systems operator Cable One in 2015. Owned by the family of its chairman Donald Graham for 80 years, the flagship newspaper was sold to Internet mogul Jeff Bezos in 2013.
Graham Holdings is headquartered in Virginia. Kaplan International operates businesses in Europe and the Asia Pacific region.
The company’s revenue was $3.5 billion in fiscal 2014. That was a slight increase compared to the previous fiscal year.
Like other newspaper and magazine publishers, Graham Holdings has struggled to manage the long, slow decline of print publications and advertising spending. New owner Bezos plans to make the paper more customer-focused as the company tries to leverage digital opportunities for growth.
In 2015 Graham Holdings agreed to sell Kaplan College, the 38-campus private college division of its Kaplan education business. Kaplan will continue to run its online university, plus eight professional schools.