The business scope of The Washington Post The Washington Post is owned by The Washington Post Company. Half of The Washington Post's profits come from the distribution of The Washington Post. In addition, the company also owns Newsweek, which has 10,000 subscribers and is second only to its largest competitor in domestic circulation in the United States. Time Magazine. The Washington Post Company purchased Newsweek for $10,000. "Newsweek" in the year's operating profit has reached this figure, by the year, the operating profit reached 3,000.00. The Washington Post Company also owns the Everett Herald in Washington State. On December 21, The Washington Post Company announced that it would buy the online magazine "Slate" from Microsoft. The Washington Post Company also publishes a series of weekly newspapers at local military bases, including Beam at Bowling Air Force Base, Trident at the U.S. Air Force Academy, and Stars and Stripes at Walter Reed Military Medical Center. The Washington Post Company has about 100 employees and 6 TV stations: WDIV/TV4 in Detroit, WPLG/TV in Miami/Fort Lauderdale, (in exchange with Meredith), WCPX in Orlando , renamed WKMG Television in honor of Katherine Mayer Graham, (after swapping CBS with Meredith) and Jacksonville's WJXT/TV4. The Washington Post Company also bought Houston-based KPRC-TV and San Antonio KSAT-TV for $253 million in 2018. In addition, the company owns a cable network, which it bought from Capital City for $350 million a year, when they had about 360,000 subscribers. Through the acquisition of The Washington Post's 1 cable station in Phoenix, Arizona, they have reached about 750,000 subscribers (along with 239,000 digital cable subscribers). The profit level of the cable business is far greater than the level of the original acquisition. The Washington Post Company owns the Stanley Kaplan Company (known as the Kaplan Education Center). Kaplan is responsible for providing students with a variety of registration and entrance exams, including the very popular Academic Aptitude Test. Kaplan also owns Squall in San Francisco, which provides after-school education services for children from kindergarten to 12 years old. Scow has changed its name to Scoo Kaplan and has educational centers across the country.
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