McClatchy Co is a Delaware corporation founded in 1857. It is a news and information publisher of publications such as the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The Company operates media companies in 28 U.S. markets in 14 states, providing each of these communities with news and advertising services in a wide array of digital and print formats. Its operations include 29 local media businesses in 28 growth markets across the United States that are comprised of daily newspapers, websites and mobile apps, mobile news and advertising, video products, niche publications, direct marketing, direct mail services and nearby community newspapers. Its newspapers range from large dailies serving metropolitan areas to non‑daily newspapers serving small communities. The Company's business is roughly divided between those media companies operated west of the Mississippi River and those that are east of it, but include five operating regions: California, the Carolinas, Southeast, Midwest and Northwest. In addition to its media companies, it also operates an online job website, CareerBuilder.com, and online real estate website HomeFinder.com; as well as certain other digital company investments. The Company's newspapers, direct marketing programs, websites and mobile content compete for advertising revenues and readers' time with television, radio, other websites, direct mail companies, free shoppers, suburban neighborhood and national newspapers and other publications, and billboard companies, among others. The Company is subject to government regulation in the jurisdictions in which it operates.
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