Exhibit No. 21 JOURNAL COMMUNICATIONS, INC. Subsidiaries of the Registrant The following list shows the significant subsidiaries of the Company as of March 6, 2002, their respective states of incorporation and the percentage of voting securities of each subsidiary owned by its immediate parent. All companies listed have been included in the consolidated financial statements filed herewith. State Percent of Voting of Securities Owned Subsidiary Incorporation by Registrant - ---------- ------------- ----------------- Journal Sentinel Inc. Wisconsin 100% by Registrant Journal Broadcast Corporation* (d/b/a Journal Broadcast Group) Nevada 100% by Registrant NorthStar Print Group, Inc. Wisconsin 100% by Registrant Add, Inc. Wisconsin 100% by Registrant NorLight Telecommunications, Inc. Wisconsin 100% by Registrant IPC Communication Services, Inc.* Michigan 100% by Registrant - ---------------- * Journal Broadcast Corporation has three subsidiaries operating in the United States and IPC Communications, Inc. has one subsidiary operating in France. On January 1, 2001, a merger took place to combine NorLight Telecommunications, Inc. and PrimeNet Marketing Services, Inc. PrimeNet Marketing Services, Inc. was formerly a wholly-owned subsidiary of the Company. Also on January 1, 2001, Label Products & Design, Inc. merged into NorthStar Print Group, Inc. Label Products & Design was formerly a wholly-owned subsidiary of NorthStar Print Group, Inc. The Company has no controlling parent. 25,920,000 shares, or ninety percent, of the Company's issued common stock at March 6, 2002, are owned of record by the Stock Trust. The right to vote these shares in most instances resides in the unitholders. Accordingly, the Company is not controlled by the Stock Trust and does not consider it to be a "parent" of the Company within the meaning of Regulation 12b-2. See Item 12 "Security Ownership of Certain Beneficial Owners and Management." 63