Description
Telegraph Media 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 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.
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.
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
- Murdoch McLennan is the CEO.
- Sarah Crompton is the editor-in-chief of the Daily Telegraph's art department.
- Jim Freeman is the sales director.
- David King is the CEO.
- Matthew Watkins is Director of Alert Strategy.
