Telegraph Media Group

Last updated
Telegraph Media Group Limited
TMG
Type Private limited company
Industry Mass media
Headquarters London, England, UK
Key people
Products Newspapers and websites
Revenue£271 million (2018)
£900,000 (2018)
Owner Barclay brothers
Parent Press Holdings
Subsidiaries
Website www.telegraph.co.uk

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.

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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

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References

  1. "Telegraph Media Group Limited". Bloomberg Businessweek . New York City: Bloomberg L.P. 12 September 2016. 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.