The New York Who? Can't say I'd ever heard of them. Real elite bunch: Average weekday circulation of 40,483 powerreporting.com They're OK. They give people a second chance: Stephen Hastings, the circulation executive at the Chicago Sun-Times who was ousted in the wake of the recent revelations of inflated circulation figures, has landed a job as Vice President and Publisher of the New York Sun, the two-year old, five-day-a-week New York City broadsheet owned by a group of minority investors including Hollinger International. editorsweblog.org Fine people, all of them:
Hollinger International Inc.
Hollinger International Inc. is a large media publishing company that "operates through its subsidiaries and affiliated companies as a global publisher with English-language newspapers in the United States, the United Kingdom, Canada and Israel." It also owns a "large number of community newspapers in the Chicago area and a portfolio of new media investments" [1]
During November 2003 the Securities and Exchange Commission (SEC) announced that it was investigating the company. After an admission that several directors had received unauthorized payments totalling $32 million, CEO Conrad Black resigned, but stayed on as Chairman. [2]
The SEC is also (as of December 2003) investigating dealings with companies with links to Henry Kissinger and Richard N. Perle. Hollinger put £8m into UK firm Cambridge Display Technology, in which Perle has a stake, and £1.5m in Trireme Associates, which has links to venture capital fund Trireme Partners LP, co-managed by Perle. Kissinger served as a board member of Trireme. [3]
Hollinger International makes an annual contribution of $200,000 to The National Interest, a conservative quarterly magazine that also has links to Perle and Kissinger. [4]
The Company's assets include the Chicago Sun-Times, the New York Sun (13%), The Jerusalem Post (English daily newspaper), and La Republica (Central America)
In 2004 the Barclay brothers bought The Telegraph Group in the UK, which includes The Daily Telegraph and The Sunday Telegraph and The Spectator, from Hollinger after a lengthy court battle.
The company holdings are labyrinthine: "The operations of Hollinger, for the year ended December 31, 2001, consisted of the Chicago Group, Community Group, U.K. Newspaper Group and Canadian Newspaper Group." Ravelston Corporation, a private company controlled (with 65% ownership) by Black, is Hollinger, Inc.'s parent company; Hollinger, Inc. is a Toronto-listed company that owns 30% of Hollinger International (72% of the voting stock), a Delaware, US, company. The company's Canadian newspapers are owned through Hollinger Canadian Newspapers, Limited Partnership (Hollinger L.P.), in which Hollinger Inc holds an 87% interest. [5], [6] These arrangements allowed Black, with only 15% ownership, to exercise a free hand in the operations of Hollinger International.
Table of contents [showhide] 1 Officers 2 Contact 3 External links 4 Breaking News
Officers
* Conrad Black, Esq., Chairman of the Board of Directors, ex-CEO, and ex-Director. * F. David Radler, Deputy Chairman, President, COO * Daniel Colson, Vice Chairman, Deputy Chairman, CEO and Director of The Telegraph * Gordon A. Paris, Interim President (Dec 2003) and CEO; Director * Peter Lane, CFO and Vice President * Richard N. Perle, Director, member of the Executive Committee, and Director and Co-Chairman of Hollinger Digital Inc.. * Henry A. Kissinger, member of the board of directors * James R. Thompson, member of the board of directors
Contact
Paul B. Healy Vice President, Corporate Development and Investor Relations 712 5th Avenue New York, New York 10019 Phone: 212-586-5666 Fax: 212-586-0010 Web: hollinger.com
External links
* Media Guardian Special Report - Conrad Black, Hollinger and the Telegraph * Ketupa.net's Media Profile: Hollinger, Black & the Barclays * CJR's detailed list of media properties and businesses * Rev. Alex M., Understanding how propaganda works in Canada, Inform Canada Newsletter #9, March 27, 2000. (Note: This site appears to offer anti-Semitic, "Christian" propaganda, with a heavy emphasis on alleged Bilderberg conspiracy theories. Its article on Hollinger does not include references and is not necessarily reliable.)
Breaking News
* Patrick McGeehan, Hollinger Chief Agrees to Salary Cap of $6 Million, The New York Times, May 23, 2003: "Conrad Black ... told a roomful of restive shareholders yesterday that he would limit his annual pay to $6 million and would give up some control" of Hollinger International.
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