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Hollinger Inc.

Hollinger Inc.
Industry Publishing - Newspapers
Headquarters Toronto, Ontario, Canada
Key people
Cyrus F. Freidheim, Jr.
Number of employees
6,600
Website http://www.hollingerinc.com/hollingerinc.htm

Hollinger Inc. was a Canadian media company based in Toronto started by Conrad Black. At one time, the company was the third largest media empire in the world. The company went bankrupt in 2007.

Hollinger Inc. was created by Canadian businessman Conrad Black as a holding company for his media interests after he acquired control of The Daily Telegraph in 1986. The company took its name from Hollinger Gold Mines, which was started in 1909, and later became Hollinger Mines, owner of one of the world's largest gold mines near Timmins, Ontario. It was acquired by E.P. Taylor's conglomerate, Argus Corp. Conrad Black took control of Argus in 1978, and sold off its assets by 1985.

Hollinger Inc. was controlled by Canadian-based Ravelston Corporation, which was used as a personal holding company for Black. Ravelston was placed in receivership in the summer of 2005.

Hollinger was the parent company of Chicago-based Hollinger International, whose primary holdings included a group of Chicago newspapers. Its flagship paper was the Chicago Sun-Times. Hollinger also owned The Jerusalem Post and interests in Australian and Canadian newspaper chains. Hollinger's non-Canadian papers were sold to Hollinger International in 1996. In 2000, Hollinger sold its Canadian newspaper, magazine and internet assets to Canwest Global for $3.5 billion. Hollinger became a holding company for stakes in various companies, including its controlling stake in Hollinger International.

The ownership structure of Hollinger and other related companies was described as "complex" and "convoluted."


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