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:
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (1874–1936)
“The foregoing generations beheld God and nature face to face; we, through their eyes. Why should not we also enjoy an original relation to the universe? Why should not we have a poetry and philosophy of insight and not of tradition, and a religion by revelation to us, and not the history of theirs?”
—Ralph Waldo Emerson (1803–1882)
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)