Classified Ventures
Classified Ventures, LLC was a Chicago-based media company. The company, established to capitalize on the revenue growth in the online classified advertising categories of automotive and rentals, was a joint venture among five major newspaper publishers: A. H. Belo, Gannett Company, The McClatchy Company, Tribune Company, and Graham Holdings Company It was the owner of Apartments.com and Cars.com.
In April 2014, Apartments.com and its associated sites were sold to CoStar Group for $585 million. On August 5, 2014, Gannett announced that it would buy out the other owners' stakes in Classified Ventures for $1.8 billion. The acquisition was closed on October 1, 2014.
Tegna, Inc., the successor to Gannett's broadcasting and digital properties, spun off Cars.com in May 2017.
