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The McGraw-Hill Companies, Inc., ( ) is a publicly traded corporation headquartered in Rockefeller Centermarker in New York Citymarker. Its primary areas of business are education, publishing, broadcasting, and financial and business services. It publishes numerous textbooks and magazines, including BusinessWeek and Aviation Week, and is the parent company of Standard & Poor's, Platts, and J.D. Power and Associates. It is the majority owner of the Canadian publisher McGraw-Hill Ryerson (TSX: MHR).

Corporate history

The McGraw-Hill Companies traces its history back to 1888 when James H. McGraw, co-founder of the company, purchased the American Journal of Railway Appliances. He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899. His co-founder, John A. Hill, had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company.

In 1909 both men, having known each other for some time and sharing the same interests, agreed upon an alliance and combined the book departments of their publishing companies into The McGraw-Hill Book Company. John Hill served as President, with James McGraw as Vice-President. 1917 saw the merger of the remaining parts of each business into The McGraw-Hill Publishing Company, Inc.

McGraw-Hill Publishing Company, Inc became The McGraw-Hill Companies in 1995, as part of a corporate identity rebranding.

In a recent strategy move, McGraw-Hill has launched an online note-sharing website, GradeGuru.com. This new site gives McGraw-Hill an opportunity to connect directly with its end users, the students.

Corporate organization

The McGraw-Hill Companies organizes its businesses around three segments, based upon the market they are involved in.

Education

McGraw-Hill's 1990s logo
McGraw-Hill Education provides materials, both traditionally and online, for all levels of education. The company also provides references & trade publications for the medical, business and engineering professions.

Imprints within McGraw-Hill Education include:
  • CTB/McGraw-Hill
  • Glencoe/McGraw-Hill
  • The Grow Network/McGraw-Hill
  • Macmillan/McGraw-Hill
  • McGraw-Hill/Irwin
  • McGraw-Hill Contemporary
  • McGraw-Hill Digital Learning
  • McGraw-Hill Professional Development
  • SRA/McGraw-Hill
  • Wright Group/McGraw-Hill
  • McGraw-Hill Higher Education
  • McGraw-Hill Custom Publishing
  • McGraw-Hill Professional
  • Open University Press


McGraw-Hill Education is also established in Asia, Australia, Europe, Latin America (as McGraw-Hill Interamericana), Canadamarker (as McGraw-Hill/Ryerson) and Indiamarker (as Tata/McGraw-Hill).

Financial services

This segment is comprised entirely of Standard & Poor's, which provides independent investment research including ratings on various investment instruments, as well as various indices that gauge financial markets, including the widely tracked S&P 500.

Information and media

McGraw-Hill Broadcasting
Since 2006, McGraw-Hill Broadcasting has been engaged in a union-busting campaign at KGTV, according to internal McGraw-Hill documents provided by NABET-CWA Local 54 on its website.

Presidents of the company



Acquisitions

During the course of its history The McGraw-Hill Companies has expanded significantly through acquisitions, not just within the publishing industry but also into other areas such as financial services (the purchase of Standard & Poor's in 1966) and broadcasting (the 1972 acquisition of Time-Life Broadcasting).

Date of Acquisition Asset Acquired Industry
1920 Newton Falls Paper Company -
1928 A.W. Shaw Company -
1950s Gregg Company Publisher of vocational textbooks
1953 Companies of Warren C Platts, including Platts Publisher of petroleum industry information
1961 F.W. Dodge Corporation Publisher of construction industry information
1965 California Test Bureau Developer of educational testing systems
1966 Standard & Poor's Financial Services
1968 National Radio Institute Correspondence School
1970 The Ryerson Press Educational and trade publishing
1972 Television Stations of Time Life Broadcasting Broadcasting
1996 Times Mirror Higher Education Educational publishing
1997 Micropal Group Limited Financial Services
1999 Appleton & Lange Publisher of medical information
2000 Tribune Education, including NTC/Contemporary Publisher of supplementary educational materials
2002 Open Universitymarker Press University press - academic publications
2005 J.D. Power & Associates Marketing information provider
Note that this list only includes acquisitions made by McGraw-Hill, not its subsidiaries. McGraw-Hill typically does not release financial information regarding its acquisitions or divestitures.

Partnerships

McGraw-Hill has partnered with five other higher-education publishers to create CourseSmart, a company developed to sell college textbooks in eTextbook format on a common platform.

The McGraw-Hill Building



References

  1. YouTube - TRAPPED IN AN ELEVATOR FOR 41 HOURS

External links




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