Profile: Graham Holdings Co (GHC.N)
Graham Holdings Company, incorporated on July 21, 2003, is a diversified education and media company. The Company's operations include educational services; television broadcasting; online, print and local television (TV) news; social-media advertising services; home health and hospice care, and manufacturing. The Company's segments include Kaplan Higher Education (KHE), Kaplan Test Preparation (KTP), Kaplan International, television broadcasting and other businesses.
Kaplan Higher Education
Kaplan Higher Education (KHE) consists of Kaplan University. Kaplan University provides a range of certificate, diploma and degree programs. Kaplan's KHE division consists primarily of Kaplan University. Kaplan University is engaged in providing online education. As of December 31, 2016, Kaplan University's programs were offered online, while some were offered in a traditional classroom format at 15 locations in in Iowa, Indiana, Maine, Maryland, Missouri, Nebraska and Wisconsin and a Kaplan University Learning Center in Maryland. Kaplan University also includes Concord Law School, an online law school. As of December 31, 2016, Kaplan University had approximately 32,000 students enrolled in online programs. Also residing within Kaplan University is the School of Professional and Continuing Education (PACE). PACE offers a range of education solutions to assist professionals by obtaining professional licenses, designations and certifications. This includes solutions for insurance, securities, mortgage and appraisal licensing exams and for designations, such as Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) exams. As of December 31, 2016, PACE served over 3,700 business-to-business clients.
Kaplan University offers certificate and degree programs in a range of subject areas. The segment's certificate programs include arts and sciences, criminal justice, education studies, health sciences, information systems and technology, legal and paralegal studies, and nursing. Its associate's programs include business/management, fire safety and emergency management, and public administration. Its bachelor's programs include political science and public and environmental policy. Its master's programs include arts and sciences, business or management, criminal justice, health sciences, education studies, information systems and technology, legal and paralegal studies, nursing, and public and environmental policy.
Kaplan Test Preparation (KTP)
Kaplan Test Preparation includes test preparation businesses in pre-college, graduate, health and bar review, as well as businesses in new economy skills training (NEST) and in career advising. KTP publishes test preparation and other books through its Kaplan Publishing business. KTP's pre-college and graduate businesses prepare students for a range of college and graduate school admissions examinations, including the Scholastic Aptitude Test (SAT), American College Testing (ACT), Law School Admission Test (LSAT), Graduate Management Admission Test (GMAT), Medical College Admission Test (MCAT) and Graduate Record Examinations (GRE). KTP's health business prepares students for medical and nursing licensure exams, including the United States Medical Licensing Examination (USMLE) and National Council Licensure Examination (NCLEX). As of December 31, 2016, Kaplan Bar Review offered bar review in 50 states and the District of Columbia, as well as review for the multistate portion of the bar exam across the nation.
KTP delivers courses at various venues throughout the United States, Canada, Puerto Rico, Mexico and London. As of December 31, 2016, these courses were taught at more than 70 KTP-branded locations and at various other locations, such as hotels, high schools and universities. KTP also offers courses online, typically in a live online classroom or a self-study format. Private tutoring services are provided in person in select markets and online throughout the United States. In addition, KTP licenses material for certain of its courses to third parties and to a Kaplan affiliate. KTP also offers college admissions examination preparation courses and materials directly to high schools and school districts. As of December 31, 2016, KTP enrolled over 350,000 students in its courses, including more than 160,000 enrolled in online programs.
Kaplan International (KI) operates businesses in Europe and the Asia Pacific region. In Europe, Kaplan International operates various businesses, all of, which are based in the United Kingdom and Ireland, including Kaplan UK, KI Pathways, KI English, Mander Portman Woodward and a higher education institution and an online learning institution. The Kaplan UK business in Europe through Kaplan Financial Limited is a provider of training, test preparation services and degrees for accounting and financial services professionals, including those studying for Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) and Institute of Chartered Accountants in England and Wales (ICAEW) qualifications. In addition, Kaplan UK provides professional training. As of December 31, 2016, Kaplan UK provided courses to over 51,000 students in accountancy and financial services.
The KI Pathways business offers academic preparation programs designed for international students wishing to study in English-speaking countries. As of December 31, 2016, university preparation programs were being delivered in Australia, China, Japan, Nigeria, Singapore, the United Kingdom and the United States, served more than 13,000 students in partnership with more than 40 universities. The KI English business provides English-language training, academic preparation programs and test preparation for English proficiency exams, principally for students wishing to study and travel in English-speaking countries. As of December 31, 2016, KI English operated a total of 40 English-language schools, with 22 located in the United Kingdom, Ireland, Australia, New Zealand and Canada and 18 located in the United States. As of December 31, 2016, KI English served approximately 47,000 students for in-class English-language instruction provided by Kaplan.
In the Asia Pacific region, Kaplan operates businesses primarily in Singapore, Australia, New Zealand, Hong Kong and China. In Singapore, Kaplan operates three business units: Kaplan Higher Education, Kaplan Financial and Kaplan Professional. As of December 31, 2016, the Higher Education and Financial divisions served more than 13,000 students from Singapore and 5,000 students from other countries throughout Asia and Western Europe. As of December 31, 2016, Kaplan Professional provided short courses to approximately 19,000 professionals, managers, executives and businesspeople. In addition, this division offers pre-university and diploma programs. Kaplan Singapore's financial business provides preparatory courses for professional qualifications in accountancy and finance, such as the ACCA and the CFA.
In Australia, Kaplan delivers a range of financial services programs from certificate level through master's level together with professional development offerings through Kaplan Professional, as well as higher education programs in business, accounting, hospitality and tourism and management through Kaplan Business School. As of December 31, 2016, these businesses provided courses to approximately 1,400 students through classroom programs (within Kaplan Business School) and to more than 33,000 students through online or distance-learning programs offered by Kaplan Professional. In Hong Kong, Kaplan operates three business units: Kaplan Financial, Kaplan Language Training and Kaplan Higher Education. Kaplan Hong Kong's financial division delivered preparatory courses to approximately 9,600 students and business executives as of December 31, 2016. Hong Kong's Language Training division offered both test preparation for overseas study and college applications to approximately 1,000 students as of December 31, 2016.
As of December 31, 2016, the Company owned five VHF television stations located in Houston, Texas; Detroit, Michigan; Orlando, Florida; San Antonio, Texas, and Jacksonville, Florida. Other than the Company's Jacksonville station, WJXT, the Company's television stations are affiliated with one of the national networks. The Company, through its subsidiary Graham Media Group, Inc. (GMG), owns seven television stations, located in Houston, Texas; Detroit, Texas; Orlando, Florida; San Antonio, Texas; Roanoke, Virginia; and Jacksonville, Florida, as well as SocialNewsDesk, a provider of social-media management tools designed to connect newsrooms with their users. GMG's also owns SocialNewsDesk, which is a provider of social-media, management tools designed to connect newsrooms with their users.
The Company's other businesses include operations of The Slate Group LLC (The Slate Group), which publishes online magazine and additional Websites. The Slate Group also owns Panoply, an advertising-supported podcast network that creates original audio programming in partnership with publishers and thinkers. In addition to producing and marketing podcasts, Panoply also licenses software as a service (SAAS) platform that provides content management services to podcasters. The Slate Group owns an interest in E2J2 SAS, a company which produces two French-language news magazine Websites at slate.fr and slateafrique.com. The Slate Group provides content, technology and branding support. The FP Group produces Foreign Policy magazine and the ForeignPolicy.com Website, which covers development in national security, international politics, global economics and related issues. The site features blogs, news content, and specialized channels and newsletters focusing on regions and topics of interest. The FP Group provides insight and analysis into global affairs for government, military, business, media and academic leaders. FP Events also produces a range of live programs, bringing together government, military, business and investment leaders.
SocialCode LLC is a marketing and insights company that manages digital advertising for brands. It delivers a complete technology and service solution that transforms consumer data into planning, media activation and measurement across digital media platforms, such as Facebook, Instagram, Twitter, Pinterest, Snapchat and YouTube. The Graham Healthcare Group (GHG) provides home health and hospice services in six states. Its healthcare provider, Celtic Healthcare, Inc. (Celtic) is a provider of home health and hospice services. Through its subsidiaries, Celtic is licensed to provide home health and hospice services across Pennsylvania, Maryland and Illinois. Celtic's services include nursing, physical therapy, occupational therapy, speech therapy, social work, nutrition, chaplain and aid services. Celtic also provides virtual care services to patients across its service territories. Residential Healthcare Group (Residential) provides care to patients across Michigan and in the western suburbs of Chicago, Illinois. The services and support are offered in a range of settings, including patients' homes, nursing facilities and hospitals. Its service offerings include in-home nursing and therapy.
Forney Corporation (Forney) is a supplier of burners, igniters, dampers and controls for combustion processes in electric utility and industrial applications. Forney's manufacturing plant is in Monterrey, Mexico. Forney's customers include power plants and industrial systems around the world. Joyce/Dayton Corp. (Joyce/Dayton) is a manufacturer of screw jacks, linear actuators and related linear motion products and lifting systems in North America. Joyce/Dayton provides its lifting and positioning products to customers across a range of industrial end markets, including renewable energy, metals and metalworking, oil and gas, satellite antennae and material handling sectors. Group Dekko Inc. (Dekko) is an electrical solutions company that focuses on power charging and data systems, industrial and commercial indoor lighting solutions and the manufacturer of electrical components and assemblies for medical equipment, transportation, industrial and appliance products. As of December 31, 2016, Dekko operated nine facilities in four states and Mexico. CyberVista develops cybersecurity training and workforce development education programs. The Company through its subsidiary Hoover Treated Wood Products, Inc. supplies pressure impregnated kiln-dried lumber and plywood products for fire retardant and preservative applications.
The Company competes with Hulu, Netflix, Sony, DISH and DirecTV.
Graham Holdings Co
1300 17th St N Ste 1700
ARLINGTON VA 22209-3816