Telegraph Media Group
Telegraph Media Group Limited (TMG; previously the Telegraph Group) owns ''The Daily Telegraph'' and '' The Sunday Telegraph'' and is a subsidiary of Press Holdings. David and Frederick Barclay acquired the group on 30 July 2004 from Hollinger Inc. of Toronto, Canada, the newspaper group controlled by Conrad Black, after months of bidding and lawsuits. In 2015, TMG's operating profit was £51 million. According to unaudited accounts leaked to ''The Guardian'', profits before tax were £47 million, and turnover for the 53 weeks up to 3 January 2016 was £319 million. These figures indicate an increase from 2014 levels. In 2023, TMG acquired The Chelsea Magazine Company, publisher of magazines including '' Classic Boat''. Telegraph Media Group is a multimedia news company that publishes daily and weekly publications in printed and electronic formats. These publications cover politics, obituaries, sports, finance, lifestyle, travel, health, culture, technology, fashion, and autom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Telegraph Media Group
Telegraph Media Group Limited (TMG; previously the Telegraph Group) owns ''The Daily Telegraph'' and '' The Sunday Telegraph'' and is a subsidiary of Press Holdings. David and Frederick Barclay acquired the group on 30 July 2004 from Hollinger Inc. of Toronto, Canada, the newspaper group controlled by Conrad Black, after months of bidding and lawsuits. In 2015, TMG's operating profit was £51 million. According to unaudited accounts leaked to ''The Guardian'', profits before tax were £47 million, and turnover for the 53 weeks up to 3 January 2016 was £319 million. These figures indicate an increase from 2014 levels. In 2023, TMG acquired The Chelsea Magazine Company, publisher of magazines including '' Classic Boat''. Telegraph Media Group is a multimedia news company that publishes daily and weekly publications in printed and electronic formats. These publications cover politics, obituaries, sports, finance, lifestyle, travel, health, culture, technology, fashion, and autom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
RedBird Capital Partners
RedBird Capital Partners is an American investment management firm founded in 2014 in New York by Gerry Cardinale. The company has assets under management of over $10 billion as of 2022. Investments RedBird is active in several tertiary sectors such as consumer goods, financial services, telecommunications, media, technology and sports. The company serves as producer of Amazon’s '' Reacher'' series and Paramount’s '' Top Gun: Maverick''. RedBird has also invested in Ben Affleck and Matt Damon's Artists Equity, LeBron James and Maverick Carter’s SpringHill Company and the Fenway Sports Group. In August 2019, RedBird acquired a minority stake in YES Network, after helping Yankee Global Enterprises activate their buy back option to purchase Fox's 80% share for $3.5 billion after Disney acquired 21st Century Fox during the same year after the Department of Justice ordered Disney to sell the network on antitrust grounds due to its ownership of ESPN. On August 31, 2022 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver – a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights" – especially in cases where a company cannot meet its financial obligations and is said to be insolvent. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Types of receivership Receiverships can be broadly divided into two types: *those related to insolvency or enforcement of a security interest *those where either: **a person is incapable of managing their affairs and a court has appointed a receiver to ma ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Classic Boat
''Classic Boat'' is a British traditional boating magazine published by the Chelsea Magazine Company. It was first published in 1987 and defines classic boats as "boats which endure". It was the first magazine in the UK dedicated to traditional boats and boating. The magazine covers boats of all sizes and type, from any era, and made from any material. It claims to take inspiration from, and provide inspiration for, all builders and users of beautiful boats, as well as trying to dispel the myth that maintaining an old wooden boat consumes huge amounts of time and money. It has been edited since 2000 by Dan Houston, a lifelong wooden boat sailor and restorer. It features the world's most beautiful classic yachts and traditional work boats, as well as news, opinions, reviews, reports and features from around the world. It also shows how restorations are done using practical articles as well as how to look after older boats. There is regatta coverage of the growing number of even ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Operating Profit
In accountancy, accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit (accounting), profit that includes all incomes and expenses (operating and Non-operating income, non-operating) except interest expenses and income tax expenses. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses. Formula *EBIT = (net income) + interest + taxes = Earnings before interest, taxes, depreciation, and amortization, EBITDA – (depreciation and amortization expenses) *operating income = (gross income) – Operating expense, OPEX = EBIT – (non-operating profit) + (non-operating expenses) where *EBITDA = earnings before interest, taxes, depreciation, and amortization *OPEX = operating expense Overview A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental ea ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Conrad Black
Conrad Moffat Black, Baron Black of Crossharbour (born 25 August 1944), is a Canadian-British writer and former politician, Publishing, newspaper publisher, Investor, financier, and Fraudster, convicted fraudster. Black's father was businessman George Montegu Black II, who had significant holdings in Canadian manufacturing, retail and media businesses through part-ownership of the holding company Ravelston Corporation. In 1978, two years after their father's death, Conrad and his older brother Montegu took majority control of Ravelston. Over the next seven years, Conrad Black sold off most of their non-media holdings to focus on newspaper publishing. He controlled Hollinger Inc., Hollinger International, once the world's third-largest English-language newspaper empire, which published ''The Daily Telegraph'' (UK), ''Chicago Sun-Times'' (US), ''The Jerusalem Post'' (Israel), ''National Post'' (Canada), and hundreds of community newspapers in North America, before controversy ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a population of 2,794,356 in 2021, it is the List of North American cities by population, fourth-most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. As of 2024, the census metropolitan area had an estimated population of 7,106,379. Toronto is an international centre of business, finance, arts, sports, and culture, and is recognized as one of the most multiculturalism, multicultural and cosmopolitanism, cosmopolitan cities in the world. Indigenous peoples in Canada, Indigenous peoples have travelled through and inhabited the Toronto area, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Hollinger Inc
Hollinger Inc. was a Canadian media company based in Toronto which was established in 1985 by businessman Conrad Black. At one time, the company was the third-largest media empire in the world. In 1996, through stock purchases, it took over control of Southam Inc., at the time, Canada's largest newspaper chain and a newswire service. It sold its Canadian newspaper holdings to Canwest Global Communications Inc., in August 2000, which included the company's flagship national newspaper, the recently formed ''National Post''. Hollinger, through its subsidiary Hollinger International, continued to own newspapers in the United States, including the ''Chicago Sun-Times''. The company went bankrupt in 2007 and was delisted from the Toronto Stock Exchange in August 2008. History Hollinger Inc. was used by Conrad Black as a holding company for his media interests after he acquired control of ''The Daily Telegraph'' in 1986. The company took its name from Hollinger Gold Mines, whic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg T ..., a news agency ** '' Bloomberg Businessweek'', weekly business magazine and website ** '' Bloomberg Markets'', a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel *** Bloomberg TV Canada *** Bloomberg TV ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |