McClatchy Company

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The second-largest newspaper-oriented business in the United States, the McClatchy Company operates local newspapers, a news service, and websites. Its first newspaper was formed in 1857, the Sacramento Bee in California. It was centered on the California until 1979, when it expanded into Washington state and Alaska.

Since 1988, it has been a public company (NYSE: MNI), although the majority of its voting control is by privately held Class B shares. It expanded to the East Coast in 1990.

In 2006, it bought Knight Ridder Inc., making it the second largest publishing company.

Its Washington Bureau both covers national news and is the home base for foreign correspondents.

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