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Crain Communications, Inc.



Crain Communications is a leading publisher of business and trade news in the USA. National trade publications include Advertising Age, Automotive News, Modern Physician and B to B. Crain also publishes business newspapers in Chicago, Cleveland, Detroit and New York City.

The company was founded in 1916 by Gustavus D. Crain, Jr. in Louisville, Kentucky. Its first publications were Class, which was renamed to B to B, and Hospital Management. The small staff of three people moved to Chicago in 1916, and today the company headquarters is in Detroit. In 1930, Advertising Age made its debut, and went on to become the international newspaper of marketing.

Crain acquired American Demographics magazine from Primedia Inc. in 2004.

The company remains a family affair and is still controlled by the Crain family. Brothers Keith and Rance Crain are the chairman and president of the company, respectively. Rance Crain is also the editor-in-chief of Advertising Age. As the brothers are thought to share decision-making responsiblity, neither one has the title of CEO.

In 2004, company revenue was about $252 million.

Contact Information

Web Site:www.crain.com
Email:info@crain.com
Telephone:313.446.6000
Fax:313.446.0361
Address:1155 Gratiot Avenue
Detroit MI 48207-2997
USA

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Comments about Crain Communications, Inc.

Comments to date: 2. The most recent comments are below.

Eric Kallgren    Boulder, Colorado USA

Posted at 3:24pm on Tuesday, December 16th, 2008

On December 11, 2008, paidContent.org reported that Crain Communications is reducing its workforce:

"Yesterday we reported that B2B publisher Crain Communications was closing its print magazine Financial Week and chose to go online only with it. Now, we have learned that it has laid off 50 editorial staffers spread across several of its magazines, sources said. The cuts were made fairly lightly at most of the individual mags, including AdAge, which lost three staffers (mostly in production and art); Crains NY Business (down one copy editor); and TVWeek (one reporter). Crain’s reps did not return calls for comment. The company has about 1,000 staffers overall. The hardest hit was Financial Week, which let go of 14 staffers as the print edition is shuttered and mag goes online-only. The magazine’s website was started in June 2007. Traffic has tripled since the credit crisis began building late this summer, sources said, and so Crain has decided to keep it alive with a particular focus on the capital markets."


Meredith Bourne    Wilson, NC

Posted at 10:39am on Thursday, March 1st, 2007

How do I order American Demographics Magazine? mbourne@bbandt.com



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