Sun-Times Media Group

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Sun-Times Media Group (until recently Hollinger International) NYSE: SVN is the holding company of a Chicago based newspaper group. Thirty percent (and 78% of the voting share) of the group is owned by Canadian based Hollinger Inc. - an 84% controlling stake was owned by controversial Canadian businessman Conrad Black through his Ravelston Corporation Limited. He attempted to sell this stake to the Barclay brothers in January 2004 and the brothers launched a takeover bid for the rest of Hollinger International. However the sale was blocked by a judge in the United States after the company's board lodged a court action against the sale. Ravelston is currently in receivership.

The Barclay brothers later bought The Telegraph Group which included The Daily Telegraph, The Sunday Telegraph, and The Spectator. On November 16, 2004 the sale of The Jerusalem Post to Mirkaei Tikshoret, a Tel Aviv-based publisher of Israeli newspapers, was announced. CanWest Global Communications, Canada's biggest media concern, announced it has agreed to take a 50 percent stake in The Jerusalem Post after Mirkaei buys the property. In February, 2006, Hollinger sold substantially all of its Canadian assets.[1] The corporation's name was changed to Sun-Times Media Group on July 17, 2006.[2]

Assets now include the Chicago Sun-Times in the United States, and various suburban and neighborhood newspapers in the Chicago area, including the Post-Tribune of Northwest Indiana, the Pioneer Press group, the Daily Southtown, the Beacon News-Sun Publications group in the Aurora-Naperville area, The Star (Tinley Park), The Herald News (Joliet) and the Lake County News Sun. It also owns the Centerstage Chicago entertainment site.

[edit] Sun-Times newspapers

State City Newspaper
Illinois Algonquin Algonquin Countryside
Antioch Antioch Review
Arlington Heights Arlington Heights Post
Barrington Barrington Courier-Review
Batavia The Batavia Sun
Aurora The Beacon News
Bolingbrook The Bolingbrook Sun
Buffalo Grove Buffalo Grove Countryside
Calumet City Calumet City Star
Cary-Grove Cary-Grove Countryside
Chicago Heights Chicago Heights Star
Chicago Ridge Chicago Ridge Star
Chicago Chicago Sun-Times
Clarendon Hills The Clarendon Hill's Doings
Elgin The Courier News
Tinley Park The Daily Southtown
Deerfield Deerfield Review
Des Plaines Des Plaines Times
Hinsdale The Doings - Hinsdale
La Grange The Doings - La Grange
Oak Brook The Doings - Oak Brook
Downers Grove The Downers Grove Sun
Park Ridge Edgebrook Times Review
Chicago Edison-Norwood Times Review
Des Plaines Elk Grove Village Times
Elmwood Park Elm Leaves
Elmhurst The Elmhurst Doings
Evanston Evanston Review
River Forest Forest Leaves
Fox Valley The Fox Valley Shopping News
Franklin Park Franklin Park Herald Journal
Geneva The Geneva Sun
Glen Ellyn The Glen Ellyn Sun
Glencoe Glencoe News
Glenview Glenview Announcements
Grayslake Grayslake Review
Gurnee Gurnee Review
Chicago Harlem-Irving Times
Hazel Crest Hazel Crest Country Club Hills Star
Joliet The Herald News
Highland Highland Park News
Hoffman Estates Hoffman Estates Review
Plainfield The Homer Sun
Lake Forest Lake Forester
Countryside Lake in the Hills Countryside
Lake Villa Lake Villa Review
Lake Zurich Lake Zurich Courier
Libertyville Libertyville Review
Lincolnshire Lincolnshire Review
Plainfield The Lincoln-Way Sun
Lincolnwood Lincolnwood Review
Lisle The Lisle Sun
Maywood Maywood Herald
Melrose Park Melrose Park Herald
Morton Grove Morton Grove Champion
Mount Prospect Mount Prospect Times
Mundelein Mundelein Review
Naperville The Naperville Sun
Lake County The News Sun
Niles Niles Herald-Spectator
Northbrook Northbrook Star
Northlake Northlake Herald
Oak Park Oak Leaves
Palatine Palatine Countryside
Palos Park Palos Area Star
Park Ridge Park Ridge Herald Advocate
Plainfield The Plainfield Sun
River Grove River Grove Messenger
Rolling Meadows Rolling Meadows Review
Schaumburg Schaumburg Review
Skokie Skokie Review
Chicago Skyline
St. Charles The St. Charles Sun
Tinley Park Tinley Park Star
Vernon Hills Vernon Hills Review
Wauconda Wauconda Courier
Burr Ridge The Weekly Doings
Westchester Westchester Herald
Western Springs The Western Springs Doings
Wheaton The Wheaton Sun
Wheeling Wheeling Countryside
Wilmette Wilmette Life
Winnetka Winnetka Talk
Indiana Merrillville, (Gary) The Post-Tribune

[edit] Corporate governance

November 17, 2003

  • Conrad Black resigns as Chairman after an internal inquiry alleges that Black had received more than $7 million in unauthorized payments of company funds.

January 14, 2004

  • Hollinger International files a US$200 million lawsuit against Conrad Black and David Radler.

October 2005

  • Gordon A. Paris Chairman of the Board of Directors, President, Chief Executive Officer and Director
  • Paul B. Healy Vice President, Corporate Development and Investor Relations
  • Peter K. Lane Vice President, Chief Financial Officer
  • Robert T. Smith Treasurer
  • James R. Van Horn Vice President, General Counsel and Secretary
  • John Cruickshank Chief Operating Officer, Head of the Chicago Group

Current members of the board of directors of the corporation are: Gordon Paris, Richard Burt, Daniel Colson, Cyrus Freidhelm, Henry Kissinger, Shmuel Meitar, John O'Brien, Richard Perle, Graham Savage, Raymond Seitz, and James R. Thompson.

[edit] External links