The International Press and Media Group
The International Press and Media Group is a multinational corporation also known as "IPMG" and the owning parent group of IPMG News , Al-Sahawat Times, "Politika 187" and several other publications and television shows.[1][2]
Multinational Corporation | |
Traded as | "IPMG" |
Industry | Media |
Founded | 2012 |
Headquarters | Head office London UK, Key Offices Johannesburg South Africa, Muscat Oman, Dubai UAE, Barcelona Spain, Mombasa Kenya, Los Angeles - New York City USA, |
Key people | Sheikh Shamsaldin Qais Sulayman al-Said (President of the board) and (Global Group CEO) Sheikha Saira Ahmed al-Said (vice president of operations) Sultan Qaboos bin Said Al Said (PSC of Oman) Emir Sheikh Mohammed bin Rashid Al Maktoum (PSC of UAE) |
Products | National and International newspapers, magazines, broadcast media, documentaries, academic journals, books and research papers |
Revenue | $4.5 billion (2017) |
Profit | $747.81 million (2017) |
Number of employees | 1,000 to 10,000 (2017) |
Subsidiaries | Al-Sahawat Times, IPMG News, "Politika 187", "IPMG Africa", "Dushmani Arts", "Al-Sahawat Times (Europe) |
Website |
theinternational |
History
Formed in 2012 The International Press and Media Group underwent significant corporate restructuring in 2015 and again in 2017.[1][2][3][4]
Pre 2015
The International Press and Media Group published political magazines and newspapers in the UK, USA, Russia, Turkey, Japan and Middle East. The group consisted of an umbrella company with national subsidiaries. The best selling publication was The International Newspaper with circa 290k daily readers followed by the monthly magazine of the same name with 180k readers.
The International Press and Media Group Head Office was reported in the U.K. media to have burned down and news sites hacked in early 2015.
2015 to 2017
Re invented The International Press and Media Group's publications moved away from controversial politics and law to art, business, culture and positivity. Publications such as IPMG News and "IPMG Africa" soon became associated with good news and artistic flare. Daily newspapers started to publish "Combatting Prejudice" highlighting positive stories in topics shown in negative coverage by other mainstream media.
The International Press and Media Group's code of Ethics "Al-Said Code" was adopted by many Global News Corporations including Qatar based Al Jazeera.[5][6]
The International Press and Media Group started work with Russia Today in order to produce documentaries, interviews and news content world wide in a variety of languages.
Post 2017
The Global Chief Executive officer stepped down due to poor health and became Group CFO, a position also resigned in the first half of 2017.
The Group was taken over by royalty from Oman and UAE including: The Sultan of Oman Qaboos bin Said Al Said, The Emir of Dubai Mohammed bin Rashid Al Maktoum, The Sheikh of Oman Shamsaldin Qais Sulayman al-Said and the Sheikha of Oman Saira Ahmed al-Said.[7][8]
The Group purchased Al-Sahawat Times from the Oman Media Group in January 2017 for $300,000 USD [9]with shares being sold for an additional $1,306,000 USD.[10]
The company was split into multiple subsidiaries in the U.K. South Africa, UAE and Oman with offices opened across the globe in Europe, The Americas, Africa, Middle East, South Asia, East Asia and Australia.[11]
The International Press and Media Group LTD The International Press and Media Group LLC The International Press and Media Group PTY IPMG News LLC IPMG News PTY IPMG Africa PTY Al-Sahawat Times PTY Al-Sahawat Times LLC Al-Sahawat Times inc
Became the main subsidiaries of the group.
Shares for the group reaches a peak of $26.12 in July 2017.
Chief Executive Officer
Sheikh Shamsaldin Qais Sulayman al-Said
Notible Boardmembers and Shareholders
- Global Group CEO: Sheikh Shamsaldin Qais Sulayman al-Said
- Global Group Vice President of Operations: Sheikha Saira Ahmed al-Said
- Oman PSC: Sultan Qaboos bin Said Al Said
- UAE PSC: Emir Sheikh Mohammed bin Rashid Al Maktoum
References
- 1 2 "Corporate Governance | Al-Sahawat Times". Al-Sahawat Times. Retrieved 2017-07-28.
- 1 2 "Publications". theinternational.org.uk. Retrieved 2017-07-28.
- ↑ "The International | IPMG News". theinternational.org.uk. Retrieved 2017-07-28.
- ↑ "THE INTERNATIONAL (PRESS & MEDIA GROUP) LTD - Officers (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2017-07-28.
- ↑ "Code of Ethics | Al-Sahawat Times". Al-Sahawat Times. Retrieved 2017-07-28.
- ↑ "Code of Ethics | IPMG NEWS | Insight you need - Coverage you trust". IPMG NEWS | Insight you need - Coverage you trust. Retrieved 2017-07-28.
- ↑ "THE INTERNATIONAL (PRESS & MEDIA GROUP) LTD - Officers (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2017-07-28.
- ↑ "Persons with significant control". beta.companieshouse.gov.uk. Retrieved 2017-07-28.
- ↑ "Al-Sahawat Times | Sheikh. Dr. Shamsaldin Qais Sulayman Al-Said". Copyright Register ©. 2017-04-22. Retrieved 2017-07-28.
- ↑ "THE INTERNATIONAL (PRESS & MEDIA GROUP) LTD - Filing history (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2017-07-28.
- ↑ "Corporate Governance | Al-Sahawat Times". Al-Sahawat Times. Retrieved 2017-07-28.