Saturday January 25, 2020

Dermot Desmond, Gavin O’Reilly and the last days of the Sunday Tribune

When a business article published in 2001 upset one of Ireland’s richest men, it set in motion a dramatic chain of events that helped to bring about regime change at Ireland’s biggest newspaper group

13th May, 2018
4

The closure of the Sunday Tribune in 2011, after 31 years in business, set off a chain reaction that had long-running implications for its benefactor: Ireland’s biggest newspaper group, Independent News & Media. Within 18 months of its closure, INM had a new shareholder called Dermot Desmond, a multibillionaire who now finds himself as a potential kingmaker in embattled INM with a 15 per cent shareholding. During the same period, INM’s former chief executive Gavin...

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