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Wrapports history
Wrapports company history timeline
The Reader, an award-winning alternative weekly newspaper, had been owned by Creative Loafing of Atlanta, which went bankrupt in 2009.
Wrapports reached an agreement to purchase the Sun-Times company in December 2011, debt-free, for a reported $20 million.
The company was launched in late 2011 by Michael W. Ferro Jr., chairman and CEO of the private equity firm Merrick Ventures, and Timothy P. Knight, who was former publisher of Newsday on Long Island, New York, during the time when it was owned by the Tribune Company.
In December 2012, it was announced that Wrapports will be closing all of its suburban offices and moving remaining employees downtown.
Wrapports expanded in 2012, buying the Chicago Reader and its associated properties.
In October 2014, Wrapports sold its suburban Chicago newspapers to the Chicago Tribune Media Group.
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Wrapports competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Meredith Corporation | 1902 | $3.0B | 7,915 | 38 |
| Tribune Media | 1847 | $2.0B | 8,200 | 60 |
| Voice Media Group | 2012 | $145.2M | 148 | - |
| The Onion | 1988 | $2.7M | 17 | - |
| Npr | 1970 | $208.0M | 741 | 8 |
| Akron Beacon Journal | 1839 | $31.6M | 243 | - |
| ViacomCBS | 2019 | $14.5B | 12,700 | - |
| Just Global | 1996 | $5.1M | 140 | - |
| SUCCESS Magazine | 1897 | $930,000 | 50 | - |
| Interactive One | 2008 | $5.5M | 116 | - |
Wrapports history FAQs
Zippia gives an in-depth look into the details of Wrapports, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Wrapports. The employee data is based on information from people who have self-reported their past or current employments at Wrapports. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Wrapports. The data presented on this page does not represent the view of Wrapports and its employees or that of Zippia.
Wrapports may also be known as or be related to Wrapports and Wrapports LLC.