American City Business Journals

The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal.^[1]

In 1985, the company became a public company via an initial public offering and was traded as an over the counter stock.^[1]

In 1986, the company acquired the full complement of publications from Business Journal Publications, including the St. Louis Business Journal and several other business journals and legal publications.^[1]

In 1986 Mike Russel acquired ten city business newspapers from Scripps-Howard. Scripps Howard Business Journals was operating ten publications, in Phoenix, Arizona; Los Angeles, San Diego, San Francisco (California); Washington, D.C.; South Florida; Atlanta, Georgia; Dallas-Fort Worth, Houston, (Texas) and Seattle, Washington

Ray Shaw joined the company in 1989 and served as the company's chairman and chief executive officer for 20 years until his death in 2009.^[2] Under Ray Shaw's leadership, the company moved its headquarters from Kansas City, Missouri to Charlotte, North Carolina and greatly increased the number of its publications.^[2]

In 1995, the company was acquired by Advance Publications for $258.8 million.^[4]

In 2001, the company partnered with Microsoft to provide content for bcentral.com.^[5]

In 2007, the company acquired Inside Lacrosse.^[6]

In 2012, sister company Condé Nast redirected Portfolio.com to the startups page of ACBJ.^[7]

In 2020, the company launched a book publishing partnership.^[8][9][10]

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Public company

Public company

A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public company can be listed on a stock exchange, which facilitates the trade of shares, or not. In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are private enterprises in the private sector, and "public" emphasizes their reporting and trading on the public markets.

Initial public offering

Initial public offering

An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as floating, or going public, a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded.

Over-the-counter (finance)

Over-the-counter (finance)

Over-the-counter (OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily publicly disclosed.

Ray Shaw (journalist)

Ray Shaw (journalist)

Coy Ray Shaw was an American journalist for the Associated Press in the 1950s in Oklahoma City, Louisville (Kentucky) and New York City.

Chief executive officer

Chief executive officer

A chief executive officer (CEO), also known as a central executive officer, chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations. The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking officer in the C-suite.

Kansas City, Missouri

Kansas City, Missouri

Kansas City, Missouri is the largest city in Missouri by population and area. As of the 2020 census, the city had a population of 508,090 in 2020, making it the 36th most-populous city in the United States. It is the central city of the Kansas City metropolitan area, which straddles the Missouri–Kansas state line and has a population of 2,392,035. Most of the city lies within Jackson County, with portions spilling into Clay, Cass, and Platte counties. Kansas City was founded in the 1830s as a port on the Missouri River at its confluence with the Kansas River from the west. On June 1, 1850, the town of Kansas was incorporated; shortly after came the establishment of the Kansas Territory. Confusion between the two ensued, and the name Kansas City was assigned to distinguish them soon after.

Charlotte, North Carolina

Charlotte, North Carolina

Charlotte is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populous city in the U.S., the seventh most populous city in the South, and the second most populous city in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked 22nd in the U.S. Metrolina is part of a sixteen-county market region or combined statistical area with a 2020 census-estimated population of 2,846,550.

Advance Publications

Advance Publications

Advance Publications, Inc. is a privately-held American media company owned by Donald Newhouse and Samuel Irving Newhouse Jr., the sons of company founder Samuel Irving Newhouse Sr. It owns a large number of subsidiary companies, including American City Business Journals and Condé Nast and is a major shareholder in Charter Communications, Reddit and Warner Bros. Discovery.

Microsoft

Microsoft

Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta.

Inside Lacrosse

Inside Lacrosse

Inside Lacrosse is a lacrosse media entity and ESPN affiliate. It includes many parts including a news website, an 11 times annual magazine, online video streaming, internet forums and an ESPN television show. The company is currently headquartered in Baltimore, Maryland.

Condé Nast

Condé Nast

Condé Nast is a global mass media company founded in 1909 by Condé Montrose Nast (1873–1942), and owned by Advance Publications. Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan.

Portfolio.com

Portfolio.com

Portfolio.com was a website published by American City Business Journals that provideed news and information for small to mid-sized businesses (SMB). It was previously the website for the monthly business magazine Condé Nast Portfolio, published by Condé Nast from 2007 to 2009.

The publication publishes the following annual awards for each city:

• The Business Journal's Forty Under 40 lists the 40 most successful entrepreneurs under the age of 40. It has been published since 1992.^[11][12]

The Minneapolis-St. Paul Business Journal's Best Places to Work awards

• The Business Journal's Best Places to Work ranks top businesses in local areas for best employee experience. Rankings are determined based on surveys on leadership, corporate culture, and communications. Different cities can use different methodologies and rank a different number of employers.^[13][14]

• Albany Business Review – Founded 1974 (as Capital District Business Review). Previously known as Capital District Business Review and The Business Review. The Review publishes an annual Book of Lists which, for example, contains ranked lists of local engineering firms, colleges, general contractors, fastest-growing companies, labor unions, law firms, hospitals, tourist attractions, apartment communities, manufacturers, etc.
• Albuquerque Business First
• Atlanta Business Chronicle – Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15]
• Austin Business Journal – A member of the Austin Chamber of Commerce, with offices in downtown Austin.^[16] Publishes several lists and grants several awards annually, among them being "List of Fastest-Growing Central Texas Neighborhoods",^[17] "Best Places to Work Award",^[18] and "Fast 50" list of rapidly growing companies.^[19][20]
• Baltimore Business Journal – Acquired in 1986 with purchase of Business Journal Publications Corp.^[1]
• Bellingham Business Journal
• Birmingham Business Journal – Founded in 1983 by Michael C. Randle and Tina Verciglio-Savas. Acquired in 1999.^[21]
• Boston Business Journal – Founded by Robert Bergenheim and launched on March 2, 1981. The newspaper was originally named "P&L The Boston Business Journal" ("P&L" stood for profit and loss). However, "P&L" was later dropped from the name.^[22] Acquired in 1996 with purchase of CityMedia Inc.^[23]
• Buffalo Business First
• Charlotte Business Journal
• Chicago Business Journal
• Cincinnati Business Courier – Acquired in 1986 with purchase of Business Journal Publications Corp.^[1] Print edition has a circulation of more than 50,000 business owners, professionals and decision makers, and more than 10,000 email subscribers receive a free daily news update.^[24]
• Cleveland Business Journal – Launched in May 2020
• Columbus Business First
• Dallas Business Journal – Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15]
• Dayton Business Journal
• Denver Business Journal – Acquired by American City Business Journals in 1989
• Hartford Business Journal' 'HEMMINGS Motor News
• Houston Business Journal – Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15] The Houston Business Journal had occupied space in the Park Towers for a period of over 10 years. Offices moved to 5444 Westheimer Road effective November 5, 2012.^[25][26]
• Jacksonville Business Journal – Began publishing in 1985.^[27] Publishes annually a Book of Lists, which contains updated, ranked lists on a subjects including largest employers, largest companies, largest law firms, and similar lists.^[28]
• Kansas City Business Journal – Co-founded by Michael K. Russell and William Worley in August 1982.^[29]
• L.A. Biz – Online only.
• Louisville Business First – Founded in 1984^[30]
• Memphis Business Journal – Founded by Ward Archer as Mid-South Business in 1979.^[31]
• Milwaukee Business Journal – Acquired in 1996 with purchase of CityMedia Inc.^[23]
• Minneapolis / St. Paul Business Journal – Acquired in 1996 with purchase of CityMedia Inc.^[23]
• Nashville Business Journal
• Orlando Business Journal – Gives local awards for Women Who Mean Business
• Pacific Business News – Started by entrepreneur George Mason and former Honolulu Star-Bulletin editor John Ramsey.^[32] In 1983, Mason sold the newspaper to ACBJ, though he continued to write a regular column for more than a decade after that.
• Philadelphia Business Journal – Founded in 1982, acquired in 1996 with purchase of CityMedia Inc.^[23]
• Phoenix Business Journal- Founded in 1980, Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15][33]
• Pittsburgh Business Times – Founded in 1981,^[34] acquired in 1986 with Business Journal Publications Corp.^[1] Sold in 1988.^[35] Reacquired in 1996 with purchase of CityMedia Inc.^[23]
• Portland Business Journal
• Puget Sound Business Journal – Acquired in 1986 with purchase of Scripps Howard Business Journals^[15] In 2010, the newspaper was a finalist for a Pulitzer Prize in Explanatory Reporting for a series of stories about the foreclosure crises and the federal shutdown of Seattle-based Washington Mutual. The stories were reported by staff writers Kirsten Grind and Jeanne Lang Jones, and edited by Managing Editor Alwyn Scott.^[36] Congressman Dave Reichert later honored the PSBJ, praising its "inclusive and thorough" reporting as an "invaluable public service".^[37]
• Sacramento Business Journal – Acquired in 1996 with purchase of CityMedia Inc.^[23]
• St. Louis Business Journal – Established in 1980 with Dan Keough at the helm; acquired in 1986 with purchase of Business Journal Publications by ACBJ.^[1]
• San Antonio Business Journal
• San Francisco Business Journal – Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15] In 2008, East Bay Business Times merged with the San Francisco Business Times.
• Silicon Valley / San Jose Business Journal
• South Florida Business Journal – Founded in 1980 as Miami Business, it changed its name in 1983.^[38] Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15]
• Tampa Bay Business Journal – Founded as Tampa Bay Business in 1981, renamed in the late 1990s as The Business Journal Serving Tampa Bay
• Triad Business Journal
• Triangle Business Journal
• Washington Business Journal – Acquired in 1986 with purchase of Scripps Howard Business Journals.^[15]
• Wichita Business Journal

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E. W. Scripps Company

E. W. Scripps Company

The E. W. Scripps Company is an American broadcasting company founded in 1878 as a chain of daily newspapers by Edward Willis "E. W." Scripps and his sister, Ellen Browning Scripps. It was also formerly a media conglomerate. The company is headquartered at the Scripps Center in Cincinnati, Ohio. Its corporate motto is "Give light and the people will find their own way", which is symbolized by the media empire's longtime lighthouse logo.

Birmingham Business Journal

Birmingham Business Journal

The Birmingham Business Journal is a weekly business newspaper published in Birmingham, Alabama, United States. The newspaper was founded in 1983 by Michael C. Randle and Tina Verciglio-Savas and became a part of American City Business Journals in 1999. The newspaper publishes business news in the Birmingham area and also the state of Alabama. The Birmingham Business Journal is a part of American City Business Journals owned by Advance Publications, which also publishes The Birmingham News.

Boston Business Journal

Boston Business Journal

The Boston Business Journal is a weekly, business-oriented newspaper published in Boston, Massachusetts. It is published by the American City Business Journals.

Profit (accounting)

Profit (accounting)

Profit, in accounting, is an income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use.

Income statement

Income statement

An income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses during a particular period.

Cincinnati Business Courier

Cincinnati Business Courier

The Cincinnati Business Courier is a business-oriented newspaper published weekly in Cincinnati, Ohio. It is published by American City Business Journals, who acquired it in 1986 with the purchase of Business Journal Publications Corp. The Courier's print edition has a circulation of more than 50,000 business owners, professionals and decision makers, and more than 10,000 email subscribers receive a free daily news update. Back issues are available for consultation at the Cincinnati Public Library The Courier is represented on the Advisory Board of the Goering Centre, Carl H. Lindner College of Business, University of Cincinnati.

Park Towers (Houston)

Park Towers (Houston)

Park Towers is a complex of two office buildings along the 610 Loop in Houston, Texas, United States. It consists of two 18 story office towers, Park Towers North and Park Towers South, which each have 272,621 square feet (25,327.3 m2) of rentable space, and one six story parking garage. The building, in proximity to Uptown Houston, is owned by Post Oak Partners LLP; TPMC Realty Corp. provides leasing and management services. Previously Cameron International Corporation maintained its international headquarters in Park Towers South.

Jacksonville Business Journal

Jacksonville Business Journal

The Jacksonville Business Journal is a weekly newspaper and daily website in Jacksonville, Florida. Part of the American City Business Journals, it covers business news in Jacksonville and Northeast Florida. It began publishing in 1985.

Honolulu Star-Bulletin

Honolulu Star-Bulletin

The Honolulu Star-Bulletin was a daily newspaper based in Honolulu, Hawaii, United States. At the time publication ceased on June 6, 2010, it was the second largest daily newspaper in the state of Hawaiʻi. The Honolulu Star-Bulletin, along with a sister publication called MidWeek, was owned by Black Press of Victoria, British Columbia, Canada and administered by a council of local Hawaii investors. The daily merged with the Advertiser on June 7, 2010, to form the Honolulu Star-Advertiser, after Black Press's attempts to find a buyer fell through.

Puget Sound Business Journal

Puget Sound Business Journal

The Puget Sound Business Journal (PSBJ) is a weekly American City Business Journals publication containing articles about business people, issues, and events in the greater Seattle, Washington area. The publication also publishes a technology news website named TechFlash.

Pulitzer Prize

Pulitzer Prize

The Pulitzer Prize is an award administered by Columbia University for achievements in newspaper, magazine, online journalism, literature, and musical composition within the United States. It was established in 1917 by provisions in the will of Joseph Pulitzer, who had made his fortune as a newspaper publisher. Prizes are awarded annually in twenty-one categories. In twenty of the categories, each winner receives a certificate and a US$15,000 cash award. The winner in the public service category is awarded a gold medal.

Washington Mutual

Washington Mutual

Washington Mutual was the United States' largest savings and loan association until its collapse in 2008.