Globe and mail ownership
The Globe and Mail is a Canadian newspaper that has had several owners throughout its history. Here is a brief overview of the current ownership structure:
- The Globe and Mail is currently owned by Woodbridge Holdings Limited, a private company controlled by the Thomson family.
- Woodbridge Holdings Limited is a subsidiary of Thomson Reuters, a multinational media and information company.
- Thomson Reuters was formed in 2008 through the merger of the Thomson Corporation and Reuters Group.
- The Thomson Corporation was founded in 1934 by Roy Thomson, a Canadian businessman who acquired the Globe and Mail in 1936.
- The Thomson family has maintained ownership of the Globe and Mail for over 80 years, with various family members serving as chairmen and CEOs of the company.
In 2017, the Thomson family sold a 25% stake in the Globe and Mail to the investment firm, Torstar Corporation, for $52.5 million. Torstar is a Canadian media company that owns several newspapers and digital media properties, including the Toronto Star.
Despite the change in ownership, the Globe and Mail remains a prominent and influential newspaper in Canada, known for its in-depth reporting and analysis on national and international news, politics, business, and culture.
Here is a timeline of the major ownership changes in the Globe and Mail's history:
- 1936: Roy Thomson acquires the Globe and Mail
- 1957: Thomson Corporation is formed, with the Globe and Mail as one of its subsidiaries
- 2008: Thomson Corporation merges with Reuters Group to form Thomson Reuters
- 2017: Thomson family sells 25% stake in Globe and Mail to Torstar Corporation
It's worth noting that the Globe and Mail has also had several notable editors-in-chief throughout its history, including:
- Joseph Atkinson (1895-1941)
- George McCullagh (1941-1954)
- Joseph Hanan (1954-1962)
- George Hees (1962-1967)
- Eric Malling (1967-1973)
- Joseph Wearing (1973-1983)
- Charles Thomson (1983-1994)
- Edward Greenspon (1994-2001)
- Richard Addis (2001-2006)
- Edward Greenspon (2006-2013)
- Phillip Crawley (2013-2016)
- David Walmsley (2016-present)