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The State Journal-Register company history timeline

1990

When the JRC was formed in 1990, it already owned newspapers in Philadelphia, Ohio, St Louis, central New England, and the Capital-Saratoga region of New York, in addition to the New Haven Register.

1994

For 1994 JRC reported net income of $20.7 million on combined revenues of $300.2 million.

1996

By the end of 1996 JRC's debt level was still at $655 million.

1998

Net income nearly doubled to $41.1 million, but JRC's debt level rose to $765 million. As a result of the Goodson acquisition, combined revenues rose significantly in 1998 to $426.8 million.

1999

Jelenic predicted, however, that the acquisition cost would be less than 11 times 1999 cash flow after the company improved the newspapers' cash flow and cut expenses by integrating them into JRC's clusters.

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Founded
1831
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Headquarters
Springfield, IL
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