Deseret_Management_Corporation

Deseret Management Corporation

Deseret Management Corporation

For-profit managing company of the LDS Church

Deseret Management Corporation (DMC) (/ˌdɛzəˈrɛt/ ⓘ)[1] is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966[2] by church president David O. McKay[3] to hold already-existing church media assets.[4] DMC companies provide content, services, and information through a diverse portfolio of companies, with the majority being media and communications brands.

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Subsidiaries

The following are DMC subsidiaries:

Divisions

  • KSL Broadcast Division: Operates KSL-TV & KSL Newsradio in Salt Lake City, Utah, for the Bonneville International Corporation.

Leadership

In November 2023, previous executive Jeff Simpson was selected to replace previous CEO and President, Keith B. McMullin.[6]

Relation to the LDS Church

DMC is the holding company which owns the tax-paying companies that fall under the umbrella of the LDS Church. DMC's Board of Directors may include the Church's First Presidency, rotating members of the Quorum of the Twelve, and the Presiding Bishopric.[citation needed]

See also

References

  1. [1]
    churchofjesuschrist.org: "Book of Mormon Pronunciation Guide" (retrieved 2012-02-25), IPA-ified from «dĕz-a-rĕt´»
  2. [2]
    "Our Mission". Deseret Management Corporation official website. Retrieved 2022-03-29.
  3. [3]
    "Presidents of the Church". The Church of Jesus Christ of Latter-day Saints official website. Archived from the original on 2004-07-05. Retrieved 2009-10-25.
  4. [4]
    "Deseret Management hires former LA Times publisher". Salt Lake Tribune. 2009-02-04. Archived from the original on 2009-02-07. Retrieved 2009-02-11.
  5. [5]
    Hinckley, President Gordon B. "Why We Do Some of the Things We Do". www.churchofjesuschrist.org. Retrieved 2024-04-02.
  6. [6]
    "KSL, Deseret News, other LDS Church media outlets get a new leader". The Salt Lake Tribune. Retrieved 2024-04-02.
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