Type Joint Venture CEO Dan Jauernig (Apr 2000–) Founded August 1997 | Industry Media Founder Bradley Inman Parent organization TEGNA Inc. | |
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Subsidiaries PickupTrucks.com, NewCars.com, LP, Marketdrive Interactive Inc., DealerRater.com, LLC |
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Classified Ventures, LLC was a Chicago-based media company. The company, established to capitalize on the revenue growth in the online classified advertising categories of automotive and rentals, was a joint venture among five major newspaper publishers: A. H. Belo, Gannett, The McClatchy Company, Tribune Company, and Graham Holdings Company It previous owned the brands Cars.com and Apartments.com before selling both in 2014. On August 5, 2014, Gannett announced that it would buy out the remainder of the company for $1.8 billion, giving it full ownership of Classified Ventures' properties. The acquisition was closed on October 1, 2014.
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References
Classified Ventures Wikipedia(Text) CC BY-SA