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 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.
References
External links
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Category:Publishing companies established in 1948
Category:Newspaper companies of the United Kingdom
Category:1948 establishments in the United Kingdom
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