Semantic Coherence: Advance – Signal Evidence & AI Readability

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[H2] ABOUT ADVANCE
S.I. Newhouse and his family founded Advance in 1922. After a century of investment and acquisitions, we remain a private, family-held business. Our mission is to build the value of the company over the long-term by fostering growth and innovation across a diversified portfolio which includes media, entertainment, communications, technology, education and other promising growth sectors.Advance’s portfolio of exceptional companies includes Condé Nast, Advance Local, Stage Entertainment, The IRONMAN Group, American City Business Journals, Leaders Group, Turnitin, and POP. Advance is also among the largest shareholders in Charter Communications, Reddit and Warner Bros. Discovery.Our track record of success has been made possible by cultivating true partnerships with our companies and their leaders — fostering the unique conditions necessary for organizations to create long-term value.

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[H2]  OUR APPROACH
At the heart of our approach are relationships built on trust and sustained by honesty, transparency, and relentless curiosity. We listen carefully to the teams at our companies in order to learn about their products, their concerns and insights, and the forces influencing their businesses. We play a supporting role — empowering their leadership, amplifying their strengths, and helping them fill their gaps.We are building for the future. We create long-term value by seeking out companies that can achieve financial success and are fundamentally doing work that we believe matters. We provide patient capital for the companies we believe in, supporting them in times of change and challenging them to achieve their potential.

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[H2] OUR OPERATING COMPANIES

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[IMG: The IRONMAN Group]

[IMG: American City Business Journals]

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[H2] MAJOR PUBLIC STAKES

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[IMG: Warner Bros. Discovery]

[H2] SELECT MINORITY INVESTMENTS

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[H2] ADVANCE NEWS

[IMG: ADVANCE NAMES AMANDA ROBERTS CHIEF TALENT OFFICER]

September 4, 2024

ADVANCE NAMES AMANDA ROBERTS CHIEF TALENT OFFICER

September 4, 2024

September 4, 2024

[IMG: ADVANCE APPOINTS SAMUEL POWERS CHIEF DEVELOPMENT OFFICER]

July 23, 2024

ADVANCE APPOINTS SAMUEL POWERS CHIEF DEVELOPMENT OFFICER

July 23, 2024

July 23, 2024

[IMG: ADVANCE PROMOTES JANINE MCGRATH SHELFFO TO GROUP PRESIDENT AND CHIEF GROWTH & STRATEGY OFFICER]

January 3, 2024

ADVANCE PROMOTES JANINE MCGRATH SHELFFO TO GROUP PRESIDENT AND CHIEF GROWTH & STRATEGY OFFICER

January 3, 2024

January 3, 2024

More news

Contact Usrecruiting@advance.comcommunications@advance.comONE WORLD TRADE CENTERNEW YORK, NY 10007©2025 Advance. All Rights Reserved. Click here for machine readable files related to the Transparency in Coverage Rule for the Advance benefits plan.

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[IMG: ADVANCE NAMES AMANDA ROBERTS CHIEF TALENT OFFICER]

ADVANCE NAMES AMANDA ROBERTS CHIEF TALENT OFFICER

Kathleen DillSeptember 4, 2024

[IMG: ADVANCE APPOINTS SAMUEL POWERS CHIEF DEVELOPMENT OFFICER]

ADVANCE APPOINTS SAMUEL POWERS CHIEF DEVELOPMENT OFFICER

New York, NY – July 23, 2024 – Advance, a private, family-held business that owns and invests in a broad range of companies across media, entertainment, communications, technology and education, announced today that Samuel Powers, Global Head of Technology, Media & Telecom Investment Banking at Bank of America, will join the company later this year as Chief Development Officer.
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Kathleen DillJuly 23, 2024

[IMG: ADVANCE PROMOTES JANINE MCGRATH SHELFFO TO GROUP PRESIDENT AND CHIEF GROWTH & STRATEGY OFFICER]

ADVANCE PROMOTES JANINE MCGRATH SHELFFO TO GROUP PRESIDENT AND CHIEF GROWTH & STRATEGY OFFICER

New York, NY – January 3, 2024 – Advance, a private, family-held business that owns and invests in a broad range of companies across media, entertainment, communications, technology and education, today announced that Janine McGrath Shelffo has been named Group President and Chief Growth & Strategy Officer.
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Kathleen DillJanuary 3, 2024

[IMG: ADVANCE COMPLETES ACQUISITION OF THE IRONMAN GROUP]

ADVANCE COMPLETES ACQUISITION OF THE IRONMAN GROUP

Today Advance announced it has completed its acquisition of The IRONMAN Group from Wanda Sports Group. The transaction was first announced on March 26, 2020. Orkila Capital, a growth equity firm focused on investments in the media, entertainment and consumer sectors, partnered with Advance as a co-investor in the transaction.
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Naomi TudhopeJuly 20, 2020

[IMG: ADVANCE TO ACQUIRE THE IRONMAN GROUP FROM WANDA SPORTS GROUP]

ADVANCE TO ACQUIRE THE IRONMAN GROUP FROM WANDA SPORTS GROUP

Advance announced today that it has entered into a definitive stock purchase agreement with Wanda Sports Group Company Limited (NASDAQ: WSG) to acquire The IRONMAN Group in an all-cash transaction.
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Naomi TudhopeMarch 26, 2020

[IMG: SCOPELY ADDS $200M IN STRATEGIC FINANCING FROM ADVANCE & THE CHERNIN GROUP, BRINGING SERIES D TO $400M]

SCOPELY ADDS $200M IN STRATEGIC FINANCING FROM ADVANCE & THE CHERNIN GROUP, BRINGING SERIES D TO $400M

Naomi TudhopeMarch 19, 2020

[IMG: WSJ: VANITY FAIR OWNER STAGES ITS NEXT ACT, WITH MUSICAL THEATER, ESPORTS AND SATELLITE LAUNCHES]

WSJ: VANITY FAIR OWNER STAGES ITS NEXT ACT, WITH MUSICAL THEATER, ESPORTS AND SATELLITE LAUNCHES

Advance Publications is investing $10 billion outside its core media business to ease reliance on ad revenue
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Naomi TudhopeMay 7, 2019

[IMG: ADVANCE ANNOUNCES FORMATION OF LEADERS GROUP, A GLOBAL B2B SPORTS, ESPORTS, AND GAMING INTELLIGENCE PLATFORM, AND APPOINTS WARREN S. THUNE AS CEO]

ADVANCE ANNOUNCES FORMATION OF LEADERS GROUP, A GLOBAL B2B SPORTS, ESPORTS, AND GAMING INTELLIGENCE PLATFORM, AND APPOINTS WARREN S. THUNE AS CEO

Leaders Group will build on the strong foundation that Sports Business Journal and Sports Business Daily have built over the last 20+ years as the authoritative voice in the business of sports. The group will also include Leaders, The Esports Observer and Newzoo.
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Kathleen DillApril 18, 2019

[IMG: ADVANCE TO ACQUIRE TURNITIN, LEADING PROVIDER OF ACADEMIC INTEGRITY, GRADING, AND FEEDBACK SOLUTIONS]

ADVANCE TO ACQUIRE TURNITIN, LEADING PROVIDER OF ACADEMIC INTEGRITY, GRADING, AND FEEDBACK SOLUTIONS

Advance  announced the acquisition of Turnitin, a leading provider of education technology for academic integrity and writing solutions, from an investment entity affiliated with Insight Venture Partners, GIC and their co-investors.
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Kathleen DillMarch 6, 2019

[IMG: ADVANCE COMPLETES ACQUISITION OF STAGE ENTERTAINMENT]

ADVANCE COMPLETES ACQUISITION OF STAGE ENTERTAINMENT

Advance Publications, Inc. (Advance) announced today that it has completed the acquisition of the shares of Stage Entertainment from CVC Fund VI and Joop van den Ende. The transaction was first announced on August 23.
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Kathleen DillNovember 16, 2018

[IMG: ADVANCE TO ACQUIRE STAGE ENTERTAINMENT FROM CVC FUND VI AND JOOP VAN DEN ENDE]

ADVANCE TO ACQUIRE STAGE ENTERTAINMENT FROM CVC FUND VI AND JOOP VAN DEN ENDE

Stage Entertainment is one of the world's largest theatre producers and owners, operating 20 theatres and partnering with world-renowned creative talent to produce shows attended by over seven million visitors annually. The company entertains audiences in the Netherlands, Germany, Spain, France, Italy, Russia, the United Kingdom and the United States. Leading titles include Disney's The Lion King and Aladdin, Mamma Mia!, Mary Poppins, Anastasia and Tina: the Tina Turner Musical. Stage Entertainment employs more than 3,000 people worldwide.
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Kathleen DillAugust 23, 2018

[IMG: ADVANCE ANNOUNCES CFO SUCCESSION]

ADVANCE ANNOUNCES CFO SUCCESSION

Advance Publications Inc. ("Advance") announced today that Oren Klein will succeed Tom Summer in the role of Chief Financial Officer effective October 1, 2018.  Summer, who had previously announced his plans to retire, will remain at Advance full-time through the end of 2018, and then assume the role of Senior Advisor.
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Kathleen DillMay 29, 2018

[IMG: ADVANCE APPOINTS MICHAEL FRICKLAS CHIEF LEGAL OFFICER]

ADVANCE APPOINTS MICHAEL FRICKLAS CHIEF LEGAL OFFICER

Advance Publications Inc. ('Advance') announced today that Michael Fricklaswill join the company as Chief Legal Officer with responsibility for the legal and governmental affairs of Advance at its corporate level and for its operating businesses.
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Kathleen DillApril 9, 2018

[IMG: ADVANCE APPOINTS JANINE MCGRATH SHELFFO CHIEF STRATEGY AND DEVELOPMENT OFFICER]

ADVANCE APPOINTS JANINE MCGRATH SHELFFO CHIEF STRATEGY AND DEVELOPMENT OFFICER

Advance Publications Inc. ('Advance') announced today that Janine McGrath Shelffo, Co-Head of Technology, Media and Telecom – Americas at UBS Investment Bank, will join the company later this year in the new position of Chief Strategy and Development Officer.  Shelffo will be charged with spearheading corporate strategy and leading a multi-billion dollar capital deployment program to accelerate diversification into new growth areas for Advance, and to strengthen the company's existing businesses through acquisitions, investments and partnerships.
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Kathleen DillMay 23, 2017

[H1] ADVANCE NAMES AMANDA ROBERTS CHIEF TALENT OFFICER

New York, NY – September 4, 2024 – Advance, a private, family-held business that owns and invests in a broad range of companies across media, entertainment, communications, technology and education, today announced that Amanda Roberts has joined the company as Chief Talent Officer.In this newly-created role reporting to the Co-Presidents of Advance, Roberts will serve as advisor and business partner to Advance and its operating companies to bring enhanced capabilities in executive talent strategy, recruitment and development, organizational design, rewards strategy and board development. Roberts joins Advance as it seeks to thoughtfully add more outstanding companies with excellent management teams to its family of companies. Since 2018, Advance has deployed over $5 billion of capital to expand its operating reach into new sectors to further its mission of fostering long-term growth and innovation.“As Advance becomes an increasingly complicated organization that spans companies in media and educational technology, live entertainment and endurance sports, with important minority stakes in public and private companies, we are focused on strengthening our leadership team,” said Steve Newhouse, Co-President of Advance. “Amanda has played many roles that have contributed to building exceptional companies through advising CEOs, supporting the advancement of a diverse workforce, leading searches, and overseeing executive talent in a multi-company portfolio. I am excited to add her broad skill set and her insightful, collaborative approach to the work we do here.”Roberts has more than 13 years of experience in talent advisory and executive search, most recently serving as global talent partner at private equity firm L Catterton and head of U.S. Consumer Practice Group and Head of North American Chief Communications Officer Practice at Egon Zehnder. Prior to these roles, Roberts spent over 15 years in sales, marketing and operations roles at Young & Rubicam, Management Leadership for Tomorrow and SBC Communications, among others. Roberts holds a B.A. from University of California at Berkeley and an M.B.A. from Harvard Business School.“Advance’s rich history of excellence and reputation for building trusted partnerships is compelling”, said Roberts. “I am delighted to join this unique family-held company to ensure its ongoing success, support its growth ambitions and partner with its leadership, boards and operating companies.” ### About AdvanceAdvance is a private, family-held business that owns and invests in companies across media, entertainment, technology, communications, education and other promising growth sectors. Our mission is to build the value of our companies over the long-term by fostering growth and innovation. Advance’s portfolio includes Condé Nast, Advance Local, Stage Entertainment, The IRONMAN Group, American City Business Journals, Leaders Group, Turnitin and Pop. Together these operating companies employ more than 14,000 people in 29 countries. Advance is also among the largest shareholders in Charter Communications, Reddit and Warner Bros. Discovery. For more information visit www.advance.com.Media ContactAdvance Communicationsadvancecommunications@advance.com

Kathleen DillSeptember 4, 2024
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[H1] ADVANCE APPOINTS SAMUEL POWERS CHIEF DEVELOPMENT OFFICER

New York, NY – July 23, 2024 – Advance, a private, family-held business that owns and invests in a broad range of companies across media, entertainment, communications, technology and education, announced today that Samuel Powers, Global Head of Technology, Media & Telecom Investment Banking at Bank of America, will join the company later this year as Chief Development Officer.In his new role, Powers will assume leadership of Advance’s capital deployment program to expand in promising new growth areas and strengthen the company's existing portfolio of businesses through acquisitions, investments and partnerships. Since 2018, Advance has deployed over $5 billion of capital to expand its operating reach into new sectors, including live entertainment, endurance sports and educational technology to further its mission of fostering long-term growth and innovation in promising sectors. Powers will become a member of Advance’s Executive Committee and report to Janine McGrath Shelffo, who was named Group President and Chief Growth & Strategy Officer earlier this year.Powers comes to Advance with over 25 years of investment banking experience, including six years at Bank of America where he joined as Head of Americas Media & Telecom Investment Banking in 2018, and 20 years at UBS where he held a number of leadership roles, including Head of Technology, Media & Telecom for the Americas. Powers has been involved in many of the largest TMT transactions of the last two decades and advised Advance on its 2020 acquisition of The IRONMAN Group and its 2016 sale of Bright House Networks to Charter Communications.“We are delighted to welcome Sam to the Advance leadership team. We have benefitted from his wise counsel for many years and will continue to do so as we seek opportunities to put our capital to work and grow our portfolio of excellent companies,” said Steve Newhouse, Co-President of Advance.“Sam’s breadth of insight and relationships across the sectors in which we operate and his decades of experience navigating complex transactions and advising management teams and their boards will be tremendous assets to Advance in his new role,” added Shelffo.Powers commented, “I have admired Advance, the Newhouse family and their companies for many years during my advisory work with them, and I am honored to join this leadership team to help grow and evolve the Advance portfolio of businesses.”  ### About Advance Advance is a private, family-held business that owns and invests in companies across media, entertainment, technology, communications, education and other promising growth sectors. Our mission is to build the value of our companies over the long-term by fostering growth and innovation. Advance’s portfolio includes Condé Nast, Advance Local, Stage Entertainment, The IRONMAN Group, American City Business Journals, Leaders Group, Turnitin and Pop. Together these operating companies employ more than 14,000 people in 29 countries. Advance is also among the largest shareholders in Charter Communications, Reddit and Warner Bros. Discovery. For more information visit www.advance.com. Media Contact Advance Communications advancecommunications@advance.com

Kathleen DillJuly 23, 2024
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