Ownership
At its start The TES was owned, like its parent paper, by Lord Northcliffe. After his death in 1922 the newspapers were sold to the Astor family, and it was sold on again in 1966 to the Canadian newspaper tycoon Roy Thomson.
Rupert Murdoch took ownership of the newspaper in 1979. Murdoch’s News International restructured its newspapers to set up Times Supplements Limited, and by 1999 this became TSL Education Limited, which also published THE and Nursery World. In October 2005, the group was sold to Exponent, a private equity group, who in turn sold it to Charterhouse in May 2007.
Read more about this topic: Times Educational Supplement
Famous quotes containing the word ownership:
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)