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Hollinger Services Inc history
Hollinger Services Inc company history timeline
By June 1985 he had bought out his brother's interest and those of other minority shareholders.
Black Began Building a Global Media Empire in 1985
By the end of 1985 Black had acquired a 50.1 percent interest in the Daily Telegraph for $43 million, a bargain basement price.
American Publishing Co. was formed as a privately held, United States-based subsidiary of Hollinger Inc. in late 1986.
Hollinger Inc. was used by Conrad Black as a holding company for his media interests after he acquired control of The Daily Telegraph in 1986.
It was expected that the two English-language publications would merge their administrative, advertising, and circulation departments while remaining independent editorially. It had lost money steadily since it began publishing in 1990.
In late 1991, a group led by Conrad Black's Telegraph plc bought Australia's John Fairfax Holdings Ltd. out of receivership by purchasing a 25 percent interest in the Australian newspaper publisher.
In 1992 Hollinger purchased a 21.5 percent stake in Southam Inc., Canada's leading newspaper publishing company.
In September 1993, the Times had lowered its price from 45 pence to 30 pence.
The price cuts had boosted the Times' circulation from less than 400,000 copies a day in mid-1993 to average daily sales of 517,000.
Share prices of the Telegraph had fallen dramatically in 1994 as a result of the price war with Rupert Murdoch's Times.
Through a series of acquisitions it grew to rank as the second-largest newspaper publisher in the United States in 1995 by number of titles and the 12th in terms of circulation.
Hollinger International Succeeded American Publishing in 1995-96
Hollinger's non-Canadian papers were sold to Hollinger International in 1996.
In April 1997 Hollinger International established a new subsidiary, Hollinger Digital, with offices in the Soho district of New York City.
In November 1997 Hollinger International announced it was selling about 40 percent of its United States community newspaper group.
Ownership of Newspaper Assets Moved from Canada to United States in 1997
For 1997 Hollinger International reported earnings of $104.5 million.
In 1997 it acquired the Canadian Newspapers division of its parent company, Hollinger, Inc.
By the end of 1997 Hollinger International owned or had an interest in 167 paid daily newspapers.
In April 1998 the Jerusalem Post announced it would buy 49 percent of the Jerusalem Report, its competitor.
In 1998, after failed efforts to acquire the market-leading Globe & Mail, Hollinger Group founded a national Canadian daily, the National Post of Toronto.
Conrad Black was awarded UK citizenship in 1999.
In 2000, Hollinger sold its Canadian newspaper, magazine and internet assets to Canwest Global for $3.5 billion.
In 1998, after failed efforts to acquire the market-leading Globe & Mail, Hollinger Group founded a national Canadian daily, the National Post of Toronto. It bought the remaining 50 percent stake in August 2001.
Black was forced to step down as CEO of Hollinger International in November 2003.
A Delaware court blocked this sale in February 2004, however.
On August 2, 2007, Hollinger filed for bankruptcy protection in Canada and the United States.
Hollinger shares were delisted from the Toronto Stock Exchange in August 2008.
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Hollinger Services Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Proforma | 1978 | $1.3M | 7 | - |
| Good Times Entertainment | - | $2.0M | 24 | - |
| Sales And Marketing Group, Inc. | - | $3.3M | 69 | 44 |
| Market Development Group | 1978 | $520,000 | 50 | - |
| Derse | 1948 | - | 376 | 12 |
| The Lukens Company | 1986 | $15.2M | 10 | - |
| DVC Company | - | $260,000 | 7 | - |
| Adventures In Advertising | 1995 | $2.9M | 35 | - |
| Focus group | - | $210,000 | 20 | 1 |
| Coffee News | 1988 | $9.3M | 212 | - |
Hollinger Services Inc history FAQs
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Hollinger Services Inc may also be known as or be related to Hollinger Corp and Hollinger Services Inc.