Independent News & Media

Independent News & Media

Summary

Independent News & Media plc (INM) (LSE: INM, ISEQ: IPD) is a media organisation based in Dublin, Ireland, with interests in 22 countries on 4 continents worldwide. The company owns over 200 print titles, more than 130 radio stations, over 100 commercial websites and many billboard locations, and is a leading press player in five countries. The INM group of companies has been dominated by Tony O'Reilly, CEO until early 2009, and his family (one of his sons, formerly COO, became CEO in early 2009, and two others were non-executive directors for many years), since 1973.The company was formed as Independent Newspapers Limited in 1904 by William Martin Murphy, as the publisher of the Irish Independent.In 1973 Sir Tony O'Reilly acquired 100% of the "A" shares of the company from the Murphy and Chance families, and was later forced to bid for the "B" (non-voting) shares.

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