The World-Herald is the largest employee-owned newspaper in the United States.
It is the only remaining major metropolitan newspaper in the United States to publish both morning and afternoon editions. The newspaper publishes five daily editions, with four morning editions (regional; Iowa; Lincoln, Neb.; and metropolitan) and one afternoon edition (metropolitan). Its market area spans two time zones and is more than 500 miles across.
The World-Herald has for many years been the newspaper with the highest penetration rate -- the percentage of people who subscribe to the publication within the paper's home circulation area -- in the United States.
The Omaha World-Herald Company also operates the Web site Omaha.com, the region's most popular Web site by all measures of traffic. More than 14 million visitors acces the Web site each month. The site also has more than 300,000 registered users. Its Web site and newspaper combined reach the second-highest percentage of people within a home circulation area compared with other major metropolitan newspapers in the United States.
The company dubs its downtown Omaha headquarters the Freedom Center. The Freedom Center also houses its three printing presses, which can each print 75,000 papers per hour, and are considered to be some most advanced in the world. In 2006, the company purchased the 16-story former Northwestern Bell/Qwest Communications building in downtown Omaha as a new base for its news, editorial, circulation and business operations. The newspaper has bureaus in Lincoln, Neb., and Washington, D.C. Throughout the region, The World-Herald also owns smaller daily and weekly newspapers, which contribute to its World-Herald News Service.
The World-Herald owned Omaha television station KETV from its founding in 1957. (The station was dubbed "Omaha World-Herald" television.) Because of a change in Federal Communications Commission law, The World-Herald had to divest the station in 1976. It sold the station to the now-defunct Pulitzer Broadcasting Co., of St. Louis.
His son-in-law, Henry Doorly, took control of the paper after Hitchcock's death in 1934. The editorial page began leaning Republican after Hitchcock's death. Over his lifetime, Doorly served 58 years at the paper.
In 1963, the World Publishing Company, owned solely by heirs of the Hitchcock/Doorly families, sold the World-Herald to local businessman Peter Kiewit, a construction magnate whose namesake company is a member of the Fortune 500. When he died, Kiewit left provisions to ensure that the paper would remain locally owned, with a large part of the plan securing employee ownership.