# Advance Publications The privately held media company owned by the **Newhouse family** that controls [[Condé Nast]], a major stake in Reddit, newspapers, and Discovery-lineage cable interests. One of the largest private media fortunes in America, Advance keeps Condé Nast out of public markets and under family control. > [!note] Stub > Minimum-viable page created to support the [[Condé Nast Timeline]]. Expand with the Newhouse holdings and the Reddit stake.