Thomas_Crosbie_Holdings

Thomas Crosbie Holdings

Thomas Crosbie Holdings

Irish media group

Thomas Crosbie Holdings (TCH) was a family-owned media and publishing group based in Cork, Ireland.[1] Its largest publication was once the Irish Examiner, the third largest daily broadsheet newspaper in the Republic of Ireland.

History and receivership

In July 2012, it was reported by RTÉ that Thomas Crosbie Holdings were considering a "debt restructuring".[2] On 20 January 2013, it was reported that TCH "is edging closer to making a tough decision on its financial restructuring".[3][4]

TCH employed 800 people at one stage, this dropped to 640.[5] In a 2013 court case the company said "everyone in the organisation, was highly attuned to the fact it was a difficult business".[5]

On 6 March 2013, TCH went into receivership. Landmark Media Investments Ltd acquired most of the old TCH assets.[6]

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.[7] WebPrint Concepts subsequently fired 26 staff members after losing the Thomas Crosbie Holdings contract.[8]

TCH formerly owned a number of newspapers and radio stations as listed below.

Former interests

Newspaper investments

Radio investments

New media

Thomas Crosbie Holdings had 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".[19]

See also

References

  1. [1]
    "Irish Examiner wants to cut staff pay by 10%". RTÉ News. 3 September 2010.
  2. [2]
    "Thomas Crosbie Holdings considering restructuring debt". RTÉ News. 13 July 2012.
  3. [3]
    "Business Post owners face bank crunch". Irish Independent. 2 February 2013.
  4. [4]
    "Court hears of row over Irish Examiner's Cork offices". RTÉ News. 8 April 2013.
  5. [5]
    "Court hears there was no 'indecent haste' in departure of newspaper CEO". Irish Independent. 2 February 2013.
  6. [6]
    "Receiver appointed to publisher of Irish Examiner as part of restructuring". RTÉ News. 6 March 2013.
  7. [7]
    Hancock, Ciaran (11 March 2013). "Newspaper printer prepares legal challenge". The Irish Times. Archived from the original on 20 May 2013.
  8. [8]
    "Webprint to make 26 staff redundant after loss of TCH business". RTÉ News. 5 April 2013.
  9. [9]
    "Takeover deal agreed at Sunday Business Post newspaper". RTÉ News. 7 June 2013.
  10. [10]
    "Ireland - Irish eyes smiling on regional media".
  11. [11]
    "IN&M to acquire 'Sligo Champion' newspaper". The Irish Times. 12 December 2007.
  12. [12]
    "Not Found | BreakingNews.ie". www.breakingnews.ie.
  13. [13]
    "Thomas Crosbie Holdings sells Newry Democrat". www.irishexaminer.com. September 3, 2010.
  14. [14]
    "Alpha Newspaper Group acquires Newry Democrat" – via www.belfasttelegraph.co.uk.
  15. [15]
    "Irish Post newspaper goes into liquidation". IrishCentral.com. August 19, 2011.
  16. [16]
    "The Wexford Echo and its sister titles are being put into liquidation". Fora.ie.
  17. [17]
    [permanent dead link]
  18. [18]
    "TCH acquires two radio stations". www.irishexaminer.com. April 13, 2007.
  19. [19]
    "New media could 'destroy civil society'". RTÉ News. Raidió Teilifís Éireann. 6 February 2012. Retrieved 6 February 2012.
Share this article:

This article uses material from the Wikipedia article Thomas_Crosbie_Holdings, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.