 | |
Trade name | TMG |
|---|---|
| Type | Private limited company |
| Industry | Mass media |
| Headquarters | London, United Kingdom |
Key people |
|
| Products | Newspapers and websites |
| Revenue | £271 million (2018) |
| £900,000 (2018) | |
| Owner | Barclay brothers |
| Parent | Press Holdings |
| Subsidiaries |
|
| Website | www |
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 in July 2004, after months of intense bidding and lawsuits, from Hollinger Inc. of Toronto, Canada, the newspaper group controlled by the Canadian-born British businessman Conrad Black.
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]
References[]
- ↑ "Telegraph Media Group Limited". Bloomberg Businessweek (New York City: Bloomberg L.P.). 12 September 2016. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5502744. Retrieved 12 September 2016.
- ↑ Greenslade, Roy (17 February 2016). "Telegraph Media Group made £51m operating profit in 2015". The Guardian (London: Guardian Media Group). https://www.theguardian.com/media/greenslade/2016/feb/17/telegraph-media-group-made-51m-operating-profit-in-2015. Retrieved 4 May 2016.
External links[]
Template:Press Holdings