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EXHIBIT 21
SUBSIDIARIES OF THE COMPANY
Jurisdiction % of
of Voting
Incorporation Stock
or Owned
Name of Subsidiary Organization by Company
------------------ ------------- ----------
Bowater Mersey Paper Company Limited ........................................... Nova Scotia 49%
Cable One, Inc. ................................................................ Delaware 100%
Capitol Fiber, Inc. ............................................................ Maryland 80%
The Daily Herald Company ....................................................... Washington 100%
The Gazette Newspapers, Inc. ................................................... Maryland 100%
Greater Washington Publishing, Inc. ............................................ Delaware 100%
I.H.T. Corporation ............................................................. Delaware 50%
International Herald Tribune S.A.S. ................................ France 33-1/3%
International Herald Tribune S.A.S. ............................................ France 33-1/3%
Los Angeles Times-Washington Post News
Service, Inc. ............................................................ D.C. 50%
Kaplan, Inc. ................................................................... Delaware 100%
Dearborn Publishing Group, Inc. .................................... Delaware 100%
Dearborn Financial Publishing, Inc. .................... Illinois 100%
Dearborn Financial Institute, Inc. ..................... Illinois 100%
Anthony Schools Corporation ................ California 100%
Leonard's Training Programs, Inc. Texas 100%
Score! Learning, Inc. .............................................. Delaware 100%
Score! Educational Centers, Inc. ....................... California 100%
eScore.com, Inc. ....................................... Delaware 100%
Self Test, Inc. .................................................... Georgia 100%
American Educational Resources, Inc. ............................... Massachusetts 100%
Stanley H. Kaplan Educational Center of
Canada Ltd. .................................................. Ontario 100%
Kaplan Educational Centers, Inc. ................................... Puerto Rico 100%
Newsprint, Inc. ................................................................ Virginia 100%
Newsweek, Inc. ................................................................. New York 100%
Newsweek Budget Travel, Inc. ....................................... Delaware 100%
Newsweek Productions, Inc. ......................................... Delaware 100%
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SUBSIDIARIES OF THE COMPANY
(Continued)
Jurisdiction % of
of Voting
Incorporation Stock
or Owned
Name of Subsidiary Organization by Company
------------------ ------------ ----------
Newsweek Services, Inc. ............................................ Delaware 100%
Newsweek Services (Canada), Inc. ................................... Delaware 100%
Post-Newsweek Business Information, Inc. ....................................... Virginia 100%
Post-Newsweek Cable of North Dakota, Inc. ...................................... Delaware 100%
Post-Newsweek Stations, Inc..................................................... Delaware 100%
Post-Newsweek Stations, Florida, Inc. .............................. Florida 100%
Post-Newsweek Stations, Houston, Inc. .............................. Delaware 100%
Post-Newsweek Stations, Michigan, Inc. ............................. Delaware 100%
Post-Newsweek Stations, Orlando, Inc. .............................. Delaware 100%
Post-Newsweek Stations, San Antonio, Inc. .......................... Delaware 100%
Robinson Terminal Warehouse Corporation ........................................ Delaware 100%
Washingtonpost.Newsweek Interactive Company .................................... Delaware 100%
The Photo Store LLC ................................................ Maryland 50%
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As permitted by Item 601(b)(21) of Regulation S-K, the foregoing
list omits certain subsidiaries which, if considered in the aggregate as a
single subsidiary, would not constitute a "significant subsidiary" as that term
is defined in Rule 1-02(v) of Regulation S-X.
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