Cowles Media Company

American media company From Wikipedia, the free encyclopedia

Cowles Media Company (/klz/ KOHLZ) (19351998) was a newspaper, magazine and information publishing company based in Minneapolis, Minnesota in the United States. The company operated Cowles Business Media, Cowles Creative Publishing, and Cowles Enthusiast Media units. Its flagship publication was the Minneapolis Star-Tribune. Other papers owned by the company at one time were the Des Moines Register, the Buffalo Courier-Express, the Scottsdale Progress and the Rapid City Journal. The company also owned the Register and Tribune Syndicate.

Company typeHolding company
IndustryMass media
Founded1935; 91 years ago (1935)
Quick facts Company type, Industry ...
Cowles Media Company
Company typeHolding company
IndustryMass media
Founded1935; 91 years ago (1935)
FounderJohn Cowles Sr. and Gardner "Mike" Cowles Jr.
Defunct1998; 28 years ago (1998)
Headquarters,
Area served
United States
Key people
Gardner Cowles Sr., Gardner "Mike" Cowles Jr., John Cowles Jr., Kingsley H. Murphy Jr.
ProductsNewspaper, magazines, television stations
Brands
  • Look, Inc. (1937–1945)
  • Cowles Magazines (1946–1965)
  • Cowles Communications, Inc. (1965–1971)
DivisionsCowles Business Media
Cowles Creative Publishing
Cowles Enthusiast Media
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The company traded as Cowles Magazines (1946–1965), and Cowles Communications, Inc. (1965–1971).[1] From 1969 to 1971 Cowles Communications sold Family Circle and other publications, retaining five broadcasting stations, a travel magazine, and a marketing service.[2] Look magazine (1937–1971) was published by an unrelated company[2] known as Look, Inc. (1937–1945). In 1998, Cowles Media was acquired by The McClatchy Company and was absorbed into the larger company at that time and ceased.

History

Origins

In 1903, banker Gardner Cowles Sr. acquired a 50% stake in the Des Moines Register and Leader, a newspaper in Iowa. This made him the largest shareholder.[3] The paper was later renamed to The Des Moines Register.[4] In 1908, he acquired the Des Moines Tribune.[5] In 1922, Cowles established the Register and Tribune Syndicate with Henry P. Martin as its general manager.[6] In 1931, the company entered the radio market when it acquired the KSO radio station in Clarinda and moved it to Des Moines, Iowa.[7] In March 1935, KSO became KRNT, with the new call letters, "R 'n T" short for "Register and Tribune."[8]

Growth

In June 1935, the Cowles family purchased the Minneapolis Star.[9] At that point, the Cowles Media Company formed with Gardner Cowles Sr. handing control of his newspapers to his sons John Cowles Sr. and Gardner "Mike" Cowles Jr.[4] In 1939, the company purchased the Minneapolis Evening Journal and merged it with the Star to form the Star-Journal.[10] In 1941 the company bought the Minneapolis Morning Tribune.[11] This gave Cowles ownership of the major newspapers on the western side of the Twin Cities.[11] The Tribune became Minneapolis' morning newspaper, the Star-Journal (shortened to the Star in 1947) was the evening newspaper, and they published a joint Sunday edition.[12][13] A separate evening newspaper called the Times was spun off and published until 1948.[14] In 1949, Colwes sold WOL (AM) to The Capital Broadcasting Co.[15]

In 1955, Cowles entered the television market as the 60% majority owner of KRNT-TV in Des Moines, Iowa.[16] This marked the start of the company's expansion into television. Later that year Cowles acquired KTVH for $1.07 million.[17] In 1964, Cowles Media acquired the Rapid City Journal.[18] In April 1965, the company bought a 50% stake in Harper's Magazine,[19] followed by the Great Falls Tribune.[20] The company sold WREG-TV to The New York Times Company in 1971,[21] KRNT to Stauffer Publications in 1973,[22] and WREC in 1974.[23] Cowles purchased the South Idaho Press in 1977,[24] and the Buffalo Courier-Express in 1979.[25]

Decline

In 1980, Harper's Magazine was sold to the MacArthur Foundation after Cowles had announced plans to close the publication.[26] In April 1982, the afternoon Star was discontinued and the two papers merged into a single morning paper called the Minneapolis Star and Tribune.[27] In June 1982, the Des Moines Tribune was absorbed into the Des Moines Register.[28] In July 1982, KTVH was sold for $12 million.[29]

In September 1982, the Buffalo Courier-Express ceased publication after losing $8.6 million annually.[30] This came after the paper's union rejected a sale to News American Publishing, owned by Rupert Murdoch, as the deal called for a 40% cut in staff and other contract givebacks.[31]

Cowles sold WDRB for $10 million in 1984,[32] the Des Moines Register to Gannett Co. in 1985,[33] and the Register and Tribune Syndicate to Hearst for $4.3 million in 1986.[34] The company acquired the Scottsdale Progress in May 1987,[35] and then sold the South Idaho Press to Park Communications in July 1987,[36] the Rapid City Journal to Lee Enterprises for $45 million in February 1990,[37] Great Falls Tribune to Gannett Co. in May 1990,[38] and the Scottsdale Progress to Cox Newspapers in 1993.[39]

The Cowles Media Company was purchased by The McClatchy Company for $1.4 billion in 1997.[40] McClatchy kept the Star Tribune newspaper, which by then was the primary asset in the sale, and sold the other business units to PRIMEDIA and to a management team.[41]

Newspapers owned by the Cowles Media Company

More information Name, City ...
NameCityYears ownedFate
Des Moines Register Des Moines, Iowa 1903–1985 Sold to the Gannett Company
Des Moines Tribune Des Moines, Iowa 1908–1982 Absorbed into the Des Moines Register
Star-Tribune Minneapolis, Minnesota 1935–1998 Sold to The McClatchy Company
Buffalo Courier-Express Buffalo, New York 1979–1982 Ceased publication after sale to Rupert Murdoch was rejected by union
Scottsdale Progress Scottsdale, Arizona 1987–1993 Sold to Cox Newspapers
Rapid City Journal Rapid City, South Dakota 1964–1990 Sold to Lee Enterprises
Great Falls Tribune Great Falls, Montana 1965–1990 Sold to Gannett Company
South Idaho Press Burley, Idaho 1977–1987 Sold to Park Communications
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List of specialty magazines

Healthy lifestyles

Collectibles

History magazines

Eight of the history magazines subsequently published by Weider History Group starting around 2006.

Hunting

Recreation

Former television stations

More information City of License / Market, Station ...
City of License / Market Station Channel Years owned Current status
Daytona BeachOrlando, FL WESH-TV 2 1965–1985 NBC affiliate owned by Hearst Television
Honolulu, HI KHON-TV 1 2 1979–1985 Fox affiliate owned by Nexstar Media Group
MolineRock Island, ILDavenport, IA WQAD-TV 8 1978–1985 ABC affiliate owned by Tegna Inc.
Louisville, KY WDRB 41 1977–1983 Fox affiliate owned by Block Communications
Des Moines, IA KRNT-TV/KCCI 8 1955–1985 2 CBS affiliate owned by Hearst Television
Sioux City, IA KVTV[44] 9 1953–1957 ABC affiliate KCAU-TV, owned by Nexstar Media Group
WichitaHutchinson, KS KTVH 12 1955–1983 CBS affiliate KWCH-DT, owned by Gray Media
Memphis, TN WREC-TV 3 1962–1971 CBS affiliate WREG-TV, owned by Nexstar Media Group
HuntingtonCharleston, WV WHTN-TV 13 1956–1960 CBS affiliate WOWK-TV, owned by Nexstar Media Group
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Notes:

  • 1 Cowles also owned KHON-TV's satellite in Wailuku, KAII-TV. Another KHON-TV satellite, KHAW-TV in Hilo, was owned by a third party but leased to Cowles. The Hawaii stations were NBC affiliates under Cowles.
  • 2 Cowles owned a majority share of this station when it first signed on and became its sole owner shortly thereafter.

See also

Notes

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