Washington Post 2005 Annual Report Download - page 18

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WP Company also publishes
The Washington Post National Weekly Edition,
a tabloid that contains selected articles and
features from
The Washington Post
edited for a national audience. The
National Weekly Edition
has a basic subscription
price of $78 per year and is delivered by second-class mail to approximately 40,000 subscribers.
The Post
has about 675 full-time editors, reporters and photographers on its staff; draws upon the news reporting facilities
of the major wire services; and maintains correspondents in 20 news centers abroad and in New York City; Los Angeles;
San Francisco; Chicago; Miami; Austin, Texas; and Seattle, Washington.
The Post
also maintains reporters in 12 local
news bureaus.
In 2003, Express Publications Company, LLC (""Express Publications''), another subsidiary of the Company, began
publishing a weekday tabloid newspaper named
Express,
which is distributed free of charge using hawkers and news
boxes near Metro stations and in other locations in Washington, D.C. and nearby suburbs with heavy daytime sidewalk
traffic. A typical edition of
Express
is 40 to 50 pages long and contains short news, entertainment and sports stories as
well as both classified and display advertising. Current daily circulation is approximately 185,000 copies.
Express
relies
primarily on wire service and syndicated content and is edited by a full-time newsroom staff of 19. Advertising sales,
production, and certain other services for
Express
are provided by WP Company.
Washingtonpost.Newsweek Interactive
Washingtonpost.Newsweek Interactive Company, LLC (""WPNI'') develops news and information products for electronic
distribution. Since 1996 this subsidiary of the Company has produced washingtonpost.com, an Internet site that features
the full editorial text of
The Washington Post
and most of
The Post's
classified advertising, as well as original content
created by WPNI's staff and content obtained from other sources. As measured by WPNI, this site is currently generating
more than 200 million page views per month. The washingtonpost.com site also features comprehensive information about
activities, groups and businesses in the Washington, D.C. area, including an arts and entertainment section and a news
section focusing on technology businesses and related policy issues. This site has developed a substantial audience of
users who are outside of the Washington, D.C. area, and WPNI believes that at least three-quarters of the unique users
who access the site each month are in that category. WPNI requires most users accessing the washingtonpost.com site to
register and provide their year of birth, gender, zip code, job title and the type of industry in which they work. The resulting
information helps WPNI provide online advertisers with opportunities to target specific geographic areas and demographic
groups. WPNI also offers registered users the option of receiving various e-mail newsletters that cover specific topics,
including political news and analysis, personal technology, and entertainment.
WPNI also produces the
Newsweek
website, which was launched in 1998 and contains editorial content from the print
edition of
Newsweek
as well as daily news updates and analysis, photo galleries, web guides and other features. In June
2005, WPNI assumed responsibility for the production of the
Budget Travel
magazine website and relaunched it as
BudgetTravelOnline.com. This site contains editorial content from
Arthur Frommer's Budget Travel
magazine and other
sources.
On January 14, 2005, WPNI purchased
Slate,
an online magazine that was founded by Microsoft Corporation in 1996.
Slate
features articles analyzing news, politics and contemporary culture, and adds new material on a daily basis. Content
is supplied by the magazine's own editorial staff as well as by independent contributors.
WPNI holds a minority equity interest in Classified Ventures LLC, a company formed to compete in the business of providing
nationwide classified advertising databases on the Internet. The Classified Ventures databases cover the product
categories of automobiles, apartment rentals and real estate. Listings for these databases come from various sources,
including direct sales and classified listings from the newspapers of participating companies. Links to the Classified Ventures
databases are included in the washingtonpost.com site.
Under an agreement signed in 2000 and amended in 2003, WPNI and several other business units of the Company have
been sharing certain news material and promotional resources with NBC News and MSNBC. Among other things, under
this agreement the
Newsweek
website has become a feature on MSNBC.com and MSNBC.com is being provided access
to certain content from
The Washington Post.
Similarly, washingtonpost.com is being provided access to certain
MSNBC.com multimedia content.
Community Newspaper Division of Post-Newsweek Media
The Community Newspaper Division of Post-Newsweek Media, Inc. publishes two weekly paid-circulation, three twice-
weekly paid-circulation and 35 controlled-circulation weekly community newspapers. This division's newspapers are
divided into two groups:
The Gazette Newspapers,
which circulate in Montgomery, Prince George's and Frederick
Counties and in parts of Carroll County, Maryland; and
Southern Maryland Newspapers,
which circulate in southern Prince
George's County and in Charles, St. Mary's and Calvert Counties, Maryland. During 2005 these newspapers had a
2THE WASHINGTON POST COMPANY