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/American businessman Conrad Black.

Telegraph Media Group Limited
TMG
TypePrivate limited company
IndustryMass media
HeadquartersLondon, England, UK
Key people
ProductsNewspapers and websites
Revenue£245 million (2021)
£31 million (2021)
Total assets£255 million (2021)
OwnerBarclay brothers
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]

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.

Team

  • Nick Hugh is the CEO.
  • Cormac O’Shea is the CFO.
  • Chris Taylor is the COO.
  • Sarah Crompton is the editor-in-chief of the Daily Telegraph's art department.
  • Jim Freeman is the sales director.
  • Matthew Watkins is Director of Alert Strategy.

References

  1. "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.
  2. Greenslade, Roy (17 February 2016). "Telegraph Media Group made £51m operating profit in 2015". The Guardian. London. Retrieved 4 May 2016.


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