History
In early 1998 the Scottish Media Group (SMG), then led by chairman Gus Macdonald, decided to create a Sunday sister for its existing national morning title The Herald, because the Glasgow-based media group was losing advertising revenue to rival newspaper publishers every Sunday. In March 1998 the media company's board appointed Andrew Jaspan, then the publisher and managing director of The Big Issue and a former editor of Scotland on Sunday, The Scotsman and The Observer to examine the business case for launching a new Sunday title. In October 1998 SMG (now known as STV Group plc), which also owns the broadcaster STV, committed to putting £10 million ($18.7 million) behind the new paper's launch.
Read more about this topic: Sunday Herald
Famous quotes containing the word history:
“Man watches his history on the screen with apathy and an occasional passing flicker of horror or indignation.”
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“So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.”
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