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

[edit]

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

[edit]

### Newspaper investments

[edit]

* The Sunday Business Post (Went into examinership, then sold to Key Capital and Paul Cooke)[9]
* Irish Examiner (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* The Kingdom (Closed)
* Sligo Weekender (Sold)[10][11][12]
* Down Democrat (Sold to Alpha Newspaper Group)[13]
* Newry Democrat (Sold to Alpha Newspaper Group and then closed[14])[13]
* The Irish Post (Liquidated then sold by the liquidator)[15]
* Evening Echo (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Waterford News & Star (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Western People (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* The Nationalist (Carlow) (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Kildare Nationalist (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Laois Nationalist (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Roscommon Herald (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Wexford Echo (Acquired by Landmark Media Investments Ltd and then liquidated)[16]
* Gorey Echo (Acquired by Landmark Media Investments Ltd and then liquidated)[16]
* Enniscorthy Echo (Acquired by Landmark Media Investments Ltd and then liquidated)[16]
* New Ross Echo (Acquired by Landmark Media Investments Ltd and then liquidated)[16]

### Radio investments

[edit]

* 4fm (Shareholding disposed)[17]
* Beat 102-103 (75% stake)[18] (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* WLR FM (75% stake)[18] (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Red FM (36% stake)[18] (Acquired by Landmark Media Investments Ltd and lower stake subsequently acquired by The Irish Times)[6]
* MidWest Radio (15% stake)[18]

### New media

[edit]

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]

* RecruitIreland.com (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Motornet.ie (Closed)
* BreakingNews.ie (Acquired by Landmark Media Investments Ltd and subsequently acquired by The Irish Times)[6]
* Rugby.ie (Closed)
* GolfOnline.ie (Sold)
* Allabout.ie (Acquired by Landmark Media Investments Ltd then closed)[6]
* Tickles.ie (Closed)

## See also

[edit]

* List of Irish newspapers
* List of Irish radio stations

## References

[edit]

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

## External links

[edit]

* TCH
* Irish Examiner
* Breakingnews.ie
* RecruitIreland.com

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Newspapers in the Republic of Ireland

Media of the Republic of Ireland

National|

* Business Post
* Gaelic Life
* The Herald
* Irish Daily Star
* Irish Examiner
* Irish Independent
* The Irish Catholic
* The Irish News
* The Irish Times
* The Sunday Times
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* Sunday World

Regional|

* The Anglo-Celt
* The Argus
* The Clare Champion
* Clare Courier
* Connacht Tribune
* The Connaught Telegraph
* The Corkman
* Derry Journal
* Derry People/Donegal News
* Donegal Democrat
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* Donegal Post
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* Dundalk Democrat
* The Echo (Cork)
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* Finn Valley Post
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* Liffey Champion
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* The Mayo News
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* The Munster Express
* The Nationalist (Carlow)
* The Nationalist (Tipperary)
* The Nenagh Guardian
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* Offaly Express
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* The Sligo Champion
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* Western People
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Political|

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Freesheets|

* Cavan Echo
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Defunct|

* Aiséirí
* Amárach
* Anois
* The Clare People
* Cork Constitution
* Cork Free Press
* Daily Express
* Daily Ireland
* Daily Irish Independent
* Daily News
* Donegal on Sunday
* Donegal Times
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* Evening Press
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* The Irish Press
* The Kilkenny Voice
* Leitrim Post
* Mayo Echo
* Metro Éireann
* Metro Herald
* Saol
* Sligo Post
* The Sunday Press
* Sunday Tribune

Companies|

* Celtic Media Group
* Derry Journal Newspapers
* Iconic Newspapers
* Independent News & Media
* Landmark Media Investments (formerly)
* North West of Ireland Printing and Publishing Company
* Sunrise Media
* Thomas Crosbie Holdings (formerly)

* See also: Newspapers founded before 1937 • Northern Ireland newspapers (1921–present)

Authority control databases

International|

* VIAF

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* United States

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