The McGraw-Hill Companies, Inc.
	Public (NYSE: MHP)
Founded	New York City (1917)
Headquarters	New York City
Key people	Harold W. McGraw III, Chairman BOD, President, CEO Robert J. Bahash, CFO, Executive V.P.
Area served	Global
Industry	Publishing
Revenue	USD$6.20 Billion (2006)
Operating income	USD$1.52 Billion (2006)
Net income	USD$867 million (2006)
Employees	20,214
Subsidiaries	Standard & Poor's J.D. Power and Associates Platts Aviation Week BusinessWeek
Website	www.mcgraw-hill.com

The McGraw-Hill Companies, Inc., (NYSE: MHP) is a publicly traded corporation headquartered in Rockefeller Center in New York City. 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 and J.D. Power and Associates.

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.^[1]

McGraw-Hill Publishing Company, Inc became The McGraw-Hill Companies in 1995, as part of a corporate identity rebranding.^[2]

Corporate organization

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

Education

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.^[3]

Companies within McGraw-Hill Education include:

• CTB/McGraw-Hill
• Glencoe/McGraw-Hill
• The Grow Network/McGraw-Hill
• Macmillan/McGraw-Hill
• 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

McGraw-Hill Education is also established in Asia, Australia, Europe, Latin America (as McGraw-Hill Interamericana), Canada (as McGraw-Hill/Ryerson) and India (as Tata/McGraw-Hill). In the United Kingdom McGraw-Hill Education also publishes books and resources for Open University Press.

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

The businesses within this segment provide useful information to individuals and organizations within several key industries.

• Aviation Week Group
• McGraw-Hill Broadcasting (all ABC affiliates, unless specified)
• KMGH, Denver, Colorado
• KZCO-LP & KZFC-LP (Azteca America), Denver, Colorado
• KZCS-LP (Azteca America), Colorado Springs, Colorado
• KGTV, San Diego, California
• KZSD-LP (Azteca America), San Diego, California
• KERO, Bakersfield, California
• KZKC-LP (Azteca America), Bakersfield, California
• WRTV, Indianapolis, Indiana
• Businessweek
• J.D. Power and Associates
• McGraw-Hill Construction
• Platts

Presidents of the company

• James H. McGraw (1917 – 1928)
• Malcolm Muir (1928 – 1948)
• James McGraw, Jr. (1948 – 1950)
• Curtis W. McGraw (1950 – 1953)
• Donald C. McGraw (1953 – 1968)
• Shelton Fisher (1968 – 1974)
• Harold McGraw, Jr (1974 – 1983)
• Joseph Dionne (1983 – 1998)
• Harold W. McGraw III (1998 – Present)

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).

Notable acquisitions made by The McGraw-Hill Companies

Date of Acquisition	Asset Acquired	Industry
1920	Newton Falls Paper Company[4]	-
1928	A.W. Shaw Company<ref name="mcgraw-history1" />	-
1950s	Gregg Company<ref name="mcgraw-history1" />	Publisher of vocational textbooks	-
1953	Companies of Warren C Platts, including Platts<ref name="mcgraw-history1" />[5]	Publisher of petroleum industry information
1961	F.W. Dodge Corporation[6]	-	1965	California Test Bureau<ref name="mcgraw-history1" />	Developer of educational testing systems
1966	Standard & Poor's<ref name="mcgraw-history2" />	Financial Services
1968	''National Radio Institute	Correspondence School
1972	Television Stations of Time Life Broadcasting<ref name="mcgraw-history2" />	Broadcasting
1997	Micropal Group Limited[7]	Financial Services
1999	Appleton & Lange[8]	Publisher of medical information
2000	Tribune Education, including NTC/Contemporary[9]	Publisher of supplementary educational materials
2005	J.D. Power & Associates[10]	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.

References

External links

• The McGraw-Hill Companies website
• Transcripts of The McGraw-Hill Companies' Quarterly Conference Calls
• McGraw-Hill Higher Education website
• McGraw-Hill Education Europe, Middle East and Africa website
• McGraw- Hill Education
• McGraw-Hill Construction