Thomas Crosbie Holdings (TCH) was a family-owned media and publishing group based in Cork, Ireland. [1] Its largest publication was once the Irish Examiner , the third largest daily broadsheet newspaper in the Republic of Ireland.
In July 2012, it was reported by RTÉ that Thomas Crosbie Holdings were considering a "debt restructuring". [2] On 20 January 2013, it was reported that TCH "is edging closer to making a tough decision on its financial restructuring". [3] [4]
TCH employed 800 people at one stage, this dropped to 640. [5] In a 2013 court case the company said "everyone in the organisation, was highly attuned to the fact it was a difficult business". [5]
On 6 March 2013, TCH went into receivership. Landmark Media Investments Ltd acquired most of the old TCH assets. [6]
Thomas Crosbie Holdings was sued by WebPrint Concepts in March 2013. WebPrint Concepts also sued Landmark Media Investments. Both were sued over breach of contract. [7] WebPrint Concepts subsequently fired 26 staff members after losing the Thomas Crosbie Holdings contract. [8]
TCH formerly owned a number of newspapers and radio stations as listed below.
Thomas Crosbie Holdings had several new media interests. Despite this, chairman Alan Crosbie, speaking at a Dublin conference in February 2012, denounced new media as having "the capacity to destroy civil society". [19]
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