Thomas Crosbie Holdings (TCH) was a family-owned media and publishing group based in Cork, Ireland. Its largest publication was once the Irish Examiner, the third largest daily broadsheet newspaper in the Republic of Ireland.
Video Thomas Crosbie Holdings
TCH history and receivership
In July 2012, it was reported by RTE that Thomas Crosbie Holdings are considering a "debt restructuring". On 20 January 2013, it was reported that TCH "is edging closer to making a tough decision on its financial restructuring".
TCH employed 800 people at one stage, this dropped to 640. In a recent court case the company said "everyone in the organisation, was highly attuned to the fact it was a difficult business".
On 6 March 2013, TCH went into receivership. Landmark Media Investments Ltd acquired most of the old TCH assets.
Thomas Crosbie Holdings was sued by WebPrint Concepts in March 2013. WebPrint Concepts also sued Landmark Media Investments. Both were sued over breach of contract. WebPrint Concepts subsequently fired 26 staff members after losing the Thomas Crosbie Holdings contract.
Thomas Crosbie Holdings were also sued by Kilquane in April 2013 for defaulting on rental payments for two years.
TCH formerly owned a number of newspapers and radio stations as listed below.
Maps Thomas Crosbie Holdings
Former Newspaper Investments
- The Sunday Business Post (Went into examinership, then sold to Key Capital and Paul Cooke)
- Irish Examiner (Acquired by Landmark Media Investments Ltd)
- The Kingdom (Closed)
- Sligo Weekender (Sold)
- Down Democrat (Sold)
- Newry Democrat (Sold)
- The Irish Post (Liquidated then sold by the liquidator)
- Evening Echo (Acquired by Landmark Media Investments Ltd)
- The Waterford News & Star(Acquired by Landmark Media Investments Ltd)
- Western People (Acquired by Landmark Media Investments Ltd)
- Carlow Nationalist (Acquired by Landmark Media Investments Ltd)
- Kildare Nationalist (Acquired by Landmark Media Investments Ltd)
- Laois Nationalist (Acquired by Landmark Media Investments Ltd)
- Roscommon Herald (Acquired by Landmark Media Investments Ltd)
- Wexford Echo (Acquired by Landmark Media Investments Ltd)
- Gorey Echo (Acquired by Landmark Media Investments Ltd)
- Enniscorthy Echo (Acquired by Landmark Media Investments Ltd)
- New Ross Echo (Acquired by Landmark Media Investments Ltd)
Former Radio Investments
- 4fm (Shareholding disposed)
- Beat 102-103 (75% stake) (Acquired by Landmark Media Investments Ltd)
- WLR FM (75% stake) (Acquired by Landmark Media Investments Ltd)
- Red FM (36% stake) (Acquired by Landmark Media Investments Ltd)
- MidWest Radio (15% stake)
Former new media interests
Thomas Crosbie Holdings has a several new media interests. Despite this, chairman Alan Crosbie, speaking at a Dublin conference in February 2012, denounced new media as having "the capacity to destroy civil society".
- RecruitIreland.com (Acquired by Landmark Media Investments Ltd)
- Motornet.ie (Closed)
- BreakingNews.ie (Acquired by Landmark Media Investments Ltd)
- Rugby.ie (Closed)
- GolfOnline.ie (Sold)
- Allabout.ie (Acquired by Landmark Media Investments Ltd then closed)
- Tickles.ie (Closed)
See also
- List of Irish newspapers
- List of Irish radio stations
References
External links
- TCH
- Irish Examiner
- Breakingnews.ie
- RecruitIreland.com
Source of article : Wikipedia
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