KSTP Ownership: Who Owns Channel 5?

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Navigating the media landscape can be complex, especially when trying to understand who owns the channels we watch. If you've ever wondered, "Who owns KSTP?", you're not alone. Here’s a breakdown of the ownership structure behind this prominent news source.

Hubbard Broadcasting: The Parent Company

KSTP-TV, also known as Channel 5 in the Minneapolis-St. Paul area, is owned by Hubbard Broadcasting, Inc. This privately held company has a long history in broadcasting and media production. Founded by Stanley E. Hubbard in 1923, Hubbard Broadcasting has grown into a significant media player with television and radio stations, as well as other media-related businesses.

Key Figures in Hubbard Broadcasting

While the company is privately held, key figures include members of the Hubbard family, who continue to play pivotal roles in its leadership and operations. Ginny Morris serves as Chair of the Board, ensuring the company stays true to its mission and values. The Hubbard family's deep involvement ensures a consistent vision and direction for KSTP and its sister stations.

KSTP's Role in the Community

KSTP-TV isn't just another channel; it's an integral part of the Minneapolis-St. Paul community. As a local news provider, KSTP offers coverage on:

  • Local News
  • Weather Updates
  • Sports Coverage
  • Investigative Reporting

Community Engagement

KSTP actively engages with the local community through various initiatives and partnerships. This involvement helps the station maintain relevance and trust among its viewers, reinforcing its position as a key information source.

Hubbard Broadcasting's Broader Impact

Beyond KSTP, Hubbard Broadcasting's influence extends to numerous other media outlets and services. This includes radio stations, cable networks, and digital media platforms. Their diverse portfolio showcases their commitment to delivering high-quality content across various mediums.

Other Notable Holdings

  • Radio Stations: Hubbard Radio owns and operates a variety of radio stations across the country.
  • Cable Networks: The company also has interests in cable networks, expanding its reach to different audiences.
  • Digital Media: With a strong digital presence, Hubbard Broadcasting stays current with evolving media consumption habits.

Why Ownership Matters

Understanding who owns KSTP provides insight into the station's values, editorial direction, and overall mission. Knowing that Hubbard Broadcasting is a privately held, family-run company gives viewers a sense of the station's long-term commitment to the community.

Transparency and Trust

In an era where media credibility is constantly questioned, understanding the ownership structure helps foster transparency and trust. When viewers know who is behind the news they consume, they can make more informed decisions about the information they receive.

Conclusion

So, to answer the question, KSTP is owned by Hubbard Broadcasting, Inc., a family-run, privately-held company committed to delivering local news and engaging with the Minneapolis-St. Paul community. This understanding not only clarifies the station's operational structure but also reinforces the importance of knowing the sources behind our news.