Wednesday, January 28, 2009

Congressional Quarterly For Sale

The Times Publishing company, owner of Congressional Quarterly has placed the company on the block (Press Release) and says it wants to concentrate on its newspaper operations in Florida. As a wholly owned affiliate of the Times Publishing Co., (which publishes the St. Petersburg Times of Florida), CQ is a private, for profit organization however, TPC is owned by the Poynter Institute, a non-profit school for journalists in St. Petersburg named in honor of CQ's founder, Nelson Poynter.

From the company's website:

Congressional Quarterly Inc. has been the nation's leader in political journalism since 1945. Over that time, the company has built a peerless reputation for objective, non-partisan and authoritative reporting on Congress and politics. Today, CQ stands on the leading edge of information companies publishing in both online and print platforms.

CQ has the largest press corps covering Capitol Hill. More than 150 reporters, editors and researchers keep subscribers informed on weekly, daily and real-time news cycles. In addition, CQ is the leader in legislative tracking. It offers a robust suite of fully integrated online services that includes bill coverage, schedules, CRS reports, government documents, member information, transcripts and more.

CQ is primarily a subscription-based publisher whose clients include members of Congress; leaders in the executive branch, business, nonprofit organizations and government affairs shops; and top academic institutions and media outlets.

CQ also publishes a free political site, CQ Politics, which serves up a unique, compelling perspective on politics and campaigns.

Last year, CQ's publishing operations (CQ Press) were sold to Sage.

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