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Telegraph Media Group

Telegraph Media Group Limited (TMG; previously the Telegraph Group) is the proprietor of The Daily Telegraph and The Sunday Telegraph. It is a subsidiary of Press Holdings.[1] David and Frederick Barclay acquired the group on 30 July 2004, after months of intense bidding and lawsuits, from Hollinger Inc. of Toronto, Canada, the newspaper group controlled by the Canadian/British businessman Conrad Black.

Telegraph Media Group Limited
TMG
TypeSubsidiary
IndustryMass media
Founded1948; 75 years ago (1948)
HeadquartersLondon, England, UK
Key people
ProductsNewspapers and websites
Revenue£254 million (2022)
£31 million (2021)
Total assets£255 million (2021)
OwnerLloyds Banking Group
ParentPress Holdings
Subsidiaries
Websitecorporate.telegraph.co.uk

In 2015, TMG made an operating profit of £51 million. Profits before tax were £47m, and turnover for the 53 weeks up to 3 January 2016 was £319m, according to unaudited accounts leaked to The Guardian. If these figures are accurate, then this was an increase from 2014 levels on both accounts.[2]

In 2023, TMG acquired The Chelsea Magazine Company, publisher of magazines including Classic Boat.[3]

Telegraph Media Group operates as a multimedia news company. The holding publishes daily and weekly publications in printed and electronic versions, which provide news on politics, obituaries, sports, finance, lifestyle, travel, health, culture, technology, fashion and cars.

In June 2023, the group was put up for sale, after its parent company B.UK, a Bermuda-based holding company, went into receivership. Howard and Aidan Barclay were removed as directors.[4]

References Edit

  1. ^ . Bloomberg Businessweek. New York City: Bloomberg L.P. 12 September 2016. Archived from the original on 12 November 2007. Retrieved 12 September 2016.
  2. ^ Greenslade, Roy (17 February 2016). "Telegraph Media Group made £51m operating profit in 2015". The Guardian. London. Retrieved 4 May 2016.
  3. ^ "Telegraph Media Group acquires the Chelsea Magazine Company Ltd". 28 March 2023.
  4. ^ "Telegraph Media Group set to be put up for sale". BBC News. 7 June 2023. Retrieved 7 June 2023.

External links Edit

  • Official website


telegraph, media, group, limited, previously, telegraph, group, proprietor, daily, telegraph, sunday, telegraph, subsidiary, press, holdings, david, frederick, barclay, acquired, group, july, 2004, after, months, intense, bidding, lawsuits, from, hollinger, to. Telegraph Media Group Limited TMG previously the Telegraph Group is the proprietor of The Daily Telegraph and The Sunday Telegraph It is a subsidiary of Press Holdings 1 David and Frederick Barclay acquired the group on 30 July 2004 after months of intense bidding and lawsuits from Hollinger Inc of Toronto Canada the newspaper group controlled by the Canadian British businessman Conrad Black Telegraph Media Group LimitedTrade nameTMGTypeSubsidiaryIndustryMass mediaFounded1948 75 years ago 1948 HeadquartersLondon England UKKey peopleAidan Barclay Frederick Barclay Andrew NeilProductsNewspapers and websitesRevenue 254 million 2022 Operating income 31 million 2021 Total assets 255 million 2021 OwnerLloyds Banking GroupParentPress HoldingsSubsidiariesThe Daily Telegraph The Sunday TelegraphWebsitecorporate wbr telegraph wbr co wbr ukIn 2015 TMG made an operating profit of 51 million Profits before tax were 47m and turnover for the 53 weeks up to 3 January 2016 was 319m according to unaudited accounts leaked to The Guardian If these figures are accurate then this was an increase from 2014 levels on both accounts 2 In 2023 TMG acquired The Chelsea Magazine Company publisher of magazines including Classic Boat 3 Telegraph Media Group operates as a multimedia news company The holding publishes daily and weekly publications in printed and electronic versions which provide news on politics obituaries sports finance lifestyle travel health culture technology fashion and cars In June 2023 the group was put up for sale after its parent company B UK a Bermuda based holding company went into receivership Howard and Aidan Barclay were removed as directors 4 References Edit Telegraph Media Group Limited Bloomberg Businessweek New York City Bloomberg L P 12 September 2016 Archived from the original on 12 November 2007 Retrieved 12 September 2016 Greenslade Roy 17 February 2016 Telegraph Media Group made 51m operating profit in 2015 The Guardian London Retrieved 4 May 2016 Telegraph Media Group acquires the Chelsea Magazine Company Ltd 28 March 2023 Telegraph Media Group set to be put up for sale BBC News 7 June 2023 Retrieved 7 June 2023 External links EditOfficial website nbsp This article about a media company in the United Kingdom is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Telegraph Media Group amp oldid 1179838658, wikipedia, wiki, book, books, library,

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