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Fiktiv UK - Press Holdings

Sep 26th, 2020
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  1. Press Holdings and May Corporation Limited are two Jersey-registered holding companies owned by the Barclay brothers, which control the UK holding company Press Acquisitions Limited, which in turn owns the Telegraph Media Group, parent company of The Daily Telegraph and The Sunday Telegraph.
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  3. In December 2005, Press Holdings sold The Scotsman Publications to the Edinburgh-based Johnston Press for £160m, having paid £82m for the group in 1995.
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  5. The company also owns The Spectator, a weekly British political magazine, and Apollo, an art magazine.
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  8. 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. 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.
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  10. 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.
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