Opentopia Directory Encyclopedia Tools

Sun-Times Media Group

Encyclopedia : S : SU : SUN : Sun-Times Media Group


Sun-Times Media Group (until recently Hollinger International) NYSE: [SVN] is the holding company of a Chicago based newspaper group. Thirty percent (and 78% of the voting share) of the group is owned by Canadian based Hollinger Inc. - an 84% controlling stake is owned by controversial Canadian businessman Conrad Black through his Ravelston Corporation. He attempted to sell this stake to the Barclay brothers in January 2004 and the brothers launched a takeover bid for the rest of Hollinger International. However the sale was blocked by a judge in the United States after the company's board lodged a court action against the sale.

The Barclay brothers later bought The Telegraph Group which included The Daily Telegraph, The Sunday Telegraph, and The Spectator. On November 16, 2004 the sale of The Jerusalem Post to Mirkaei Tikshoret, a Tel Aviv-based publisher of Israeli newspapers, was announced. CanWest Global Communications, Canada's biggest media concern, announced it has agreed to take a 50 percent stake in The Jerusalem Post after Mirkaei buys the property.

Assets of Hollinger International now include the Chicago Sun-Times in the United States, and various minor newspapers in Canada and the United States.

Corporate governance

October 2005 Current members of the board of directors of the corporation are: Gordon Paris, Richard Burt, Daniel Colson, Cyrus Freidhelm, Henry Kissinger, Shmuel Meitar, John O'Brien, Richard Perle, Graham Savage, Raymond Seitz, and James R. Thompson.

External links

 


From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.

Search Titles
0123456789
ABCDEFGHIJ
KLMNOPQRST
UVWXYZ?

E-mail this article to:

Personal Message: