Telegraph Media Group

Telegraph Media Group Limited
Trade name	TMG
Company type	Subsidiary
Industry	Mass media
Founded	1948; 76 years ago
Headquarters	London, England, UK
Key people	Aidan Barclay; Frederick Barclay; Andrew Neil;
Products	Newspapers and websites
Revenue	£254 million (2022)
Operating income	£31 million (2021)
Total assets	£255 million (2021)
Owner	Lloyds Banking Group
Parent	Press Holdings
Subsidiaries	The Daily Telegraph; The Sunday Telegraph;
Website	corporate.telegraph.co.uk

Telegraph Media Group Limited (TMG; previously the Telegraph Group) is the proprietor of The Daily Telegraph and The Sunday Telegraph. It is a subsidiary of Press Holdings.^[1] David and Frederick Barclay acquired the group on 30 July 2004, after months of intense bidding and lawsuits, from Hollinger Inc. of Toronto, Canada, the newspaper group controlled by the Canadian/British businessman Conrad Black.

In 2015, TMG made an operating profit of £51 million. Profits before tax were £47m, and turnover for the 53 weeks up to 3 January 2016 was £319m, according to unaudited accounts leaked to The Guardian. If these figures are accurate, then this was an increase from 2014 levels on both accounts.^[2]

In 2023, TMG acquired The Chelsea Magazine Company, publisher of magazines including Classic Boat.^[3]

Telegraph Media Group operates as a multimedia news company. The holding publishes daily and weekly publications in printed and electronic versions, which provide news on politics, obituaries, sports, finance, lifestyle, travel, health, culture, technology, fashion and cars.

In June 2023, the group was put up for sale, after its parent company B.UK, a Bermuda-based holding company, went into receivership. Howard and Aidan Barclay were removed as directors.^[4]