Thomas Crosbie Holdings

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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.

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".[2][3]

TCH employed 800 people at one stage, this dropped to 640.[4] In a recent 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]

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.

Former Newspaper Investments

Former Radio Investments

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".[36]

See also

References

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  11. http://www.brandrepublic.com/News/662148/Ireland---Irish-eyes-smiling-regional-media/
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  13. http://www.breakingnews.ie/2006/10/27/story282789.html
  14. http://www.examiner.ie/breakingnews/business/thomas-crosbie-holdings-sells-newry-democrat-472114.html
  15. http://www.examiner.ie/breakingnews/business/thomas-crosbie-holdings-sells-newry-democrat-472114.html
  16. http://www.irishcentral.com/news/Irish-Post-newspaper-goes-into-liquidation-128068688.html
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  28. http://www.radiowavesforum.com/rw/showthread.php?p=168560
  29. http://www.irishexaminer.com/breakingnews/ireland/mhaugbcwidgb/
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  31. http://www.irishexaminer.com/breakingnews/ireland/mhaugbcwidgb/
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  33. http://www.irishexaminer.com/breakingnews/ireland/mhaugbcwidgb/
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  35. http://www.irishexaminer.com/breakingnews/ireland/mhaugbcwidgb/
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External links