1 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% 2 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% - ---------- 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. 2