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Graham Holdings Company (NYSE: GHC) is a renowned diversified education and media enterprise. The company operates across various sectors, including educational services, television broadcasting, cable systems, and online, print, and local TV news. Its principal subsidiaries include Kaplan, a global leader in education, and Graham Media Group, which owns several prominent television stations like WDIV in Detroit and KPRC in Houston.
In addition, Graham Holdings owns Cable One, offering cable services to small-city subscribers across 19 states, and The Slate Group, known for its digital media brands such as Slate and Foreign Policy. The company is also invested in healthcare through Celtic Healthcare and Residential Healthcare Group, and boasts industrial holdings like Forney Corporation and Joyce/Dayton Corp.
Graham Holdings segments its operations into seven key areas: Kaplan International, Higher Education, Supplemental Education, Television Broadcasting, Manufacturing, Healthcare, and Automotive. The Kaplan International division, encompassing higher education, test prep, language instruction, and professional training, is the primary revenue driver. Television broadcasting is another significant revenue source, primarily through advertising.
The company is committed to innovation, with Trove spearheading digital advancements and SocialCode leading in social marketing solutions. Recent achievements include strategic partnerships, technological innovations, and expansions in educational services and digital media.
Graham Holdings Company (NYSE: GHC) has announced its 2023 Annual Meeting of Shareholders, scheduled for May 4, 2023, at 8:30 a.m. (ET). This meeting will occur in-person in Arlington, Virginia, and will also be accessible via webcast. Shareholders and plan participants can submit questions ahead of time through the company's investor relations email. Additional information regarding the meeting and presentation materials is available on the company’s website at www.ghco.com.
Stillman College, an HBCU, has announced a partnership with Kaplan to provide free test preparation courses for graduate-level admissions exams, including the GRE®, GMAT®, LSAT®, and MCAT®. This initiative aims to enhance opportunities for underrepresented students, making essential test prep accessible at no cost. Kaplan brings over 85 years of experience in standardized test preparation. The collaboration aligns with Stillman College's commitment to student success and supports its strategic investment in student resources. The All Access program also includes partnerships with other universities, underscoring its broader impact in higher education.
Kaplan has partnered with Junior Achievement (JA) to provide educational programs aimed at prepping JA students for career success. Key initiatives include the Securities Industry Essentials (SIE) credential program, aimed at aiding students entering the financial sector, along with opportunities at Purdue Global for affordable online degrees, offering up to 20% tuition reductions. Furthermore, JA participants will receive a 15% discount on Kaplan’s SAT prep courses. This collaboration aligns with JA's mission to equip young people with essential skills for economic success.
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