Pros
It's a really big, old, bureaucratic company. Of all the places I've worked, Hearst seems like the one where you'd have the opportunity to live the dream of getting hired, being forgotten about, and continuing to be paid without talking to anyone or doing any work once you've been in and shuffled around the system for a few years.
Cons
Pay is less than most other places. They're extremely stingy with raises and promotions (and may still be on a raise freeze) despite regular updates about how great business is. The best path to getting a promotion seems to be getting into the circle around the head of the tech department and his two lieutenants, but then you have to put up with being in that circle. Management shared anti-union misinformation when the editorial department was unionizing. The work is extremely boring. Maybe you'll get to style a template for a listicle. Maybe you'll work on some oauth thing. Maybe you'll get to integrate a poorly designs and supported 3rd party system. Maybe you'll make a tiny little PR to fix a CMS button's design. Maybe you'll do something else, but pretty much everything you do will be dull. You'll get to engage in cult-like levels of SCRUM. Standups, retros, and other assorted "ceremonies"