Thursday October 29, 2020

Dynasties 2018: How a newspaper empire foundered

At its peak, Thomas Crosbie Holdings was worth €400 million, but the recession put paid to all that, writes Colette Sexton

11th March, 2018
3
Alan Crosbie, former chief executive of TCH PicL: Provision

Under the watch of the Crosbie family, the Irish Examiner survived the Famine, World War I, the War of Independence, Civil War, the Great Depression of 1930, de Valera’s economic war and World War II.

An impressive record – but the Crosbies’ control over the newspaper came to an end last year. A series of storms including the global economic crisis, debt from boomtime acquisitions, fall in newspaper circulation and the impact of new...

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