Knight Ridder - Definition and Overview

The Knight Ridder building in downtown San José.

Knight Ridder (NYSE: KRI (http://www.nyse.com/about/listed/lcddata.html?ticker=KRI)) is an American media company, specializing in newspaper and Internet publishing. The company owns 31 daily newspapers throughout the United States, and is the second largest newspaper publisher in the nation. The company is headquarted in San José, California.

Knight Ridder has a long history of innovation in technology. It was one of the first newspaper publishers to experiment with videotex when it launched its Viewtron system in 1982, was one of the first to actively develop newspaper content for America Online, and joined the ill-fated New Century Network project in 1994. Its current flagship newspaper, the San Jose Mercury News, was one of the first daily newspapers to regularly publish its full content to the World Wide Web. Around 2000, KR moved its headquarters from Miami to be closer to its rising star in San Jose (although it chose to rent a sleek downtown high-rise rather than build new office space as did in Miami).

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