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O'Reilly / independent news & media

April 20, 2012

The O’Reilly family’s 39-year control of Ireland’s Independent News & Media has come to an end, following the resignation of family member and chief executive Gavin O’Reilly.

In a statement on 19 April, the family-run newspaper group said O’Reilly has stepped down from his position and was to be replaced by non-family Vincent Crowley, currently chief operating officer.

O’Reilly family’s grip on INM ‘under pressure’

March 22, 2012

The O’Reilly family’s 30-year grip on conglomerate Independent News & Media is reportedly under pressure, as shareholders look to reduce the family’s control.

According to the Financial Times, INM’s two largest shareholders, telecoms billionaire Denis O’Brien and financier Dermot Desmond, want to oust chief executive Gavin O’Reilly.

O'Reilly: sale of Independent for £1 "most satisfactory outcome"

March 26, 2010

Independent News and Media, the family-controlled publishing company, has finalised the sale of its two flagship titles, the Independent and the Independent on Sunday, to Russian media mogul Alexander Lebedev.

INM close to selling flagship titles

February 26, 2010

Independent News and Media, the family-controlled publishing company, looks close to a deal to sell its two London-based titles the Independent and Independent on Sunday to Russian businessman Alexander Lebedev.

Independent News and Media, the family-controlled publishing company, looks close to a deal to sell its two London-based titles the Independent and Independent on Sunday to Russian businessman Alexander Lebedev.

In the clearest sign yet that a deal is imminent, the UK's Office of Fair Trading posted an invitation yesterday asking for comment on the "anticipated acquisition of the Independent and Independent on Sunday by Lebedev Holdings Limited."

O'Reilly family sees stake decrease in rights issue

December 17, 2009

The O’Reilly family, the majority shareholder in Ireland-based publishers Independent News and Media, has seen its stake fall from 28.5% to 15% in a rights issue on Tuesday.

The O'Reilly family, the majority shareholder in Ireland-based publishers Independent News and Media, has seen its stake fall from 28.5% to 15% in a rights issue on Tuesday.

A majority of shareholders did subscribe to the rights issue, which raised the debt-laden publishing group €90.2 million.

O'Reilly family gains further support at INM

November 5, 2009

The shareholders of the family-controlled Independent News and Media have rejected the attempt of dissenting shareholder Denis O’Brien to make key changes to the board.

The shareholders of the family-controlled Independent News and Media have rejected the attempt of dissenting shareholder Denis O'Brien to make key changes to the board.

O'Brien requested the extraordinary general meeting, held on 3 November, to vote on the future of the non-family chairman Dr Brian Hillery and the senior independent director Baroness Margaret Jay. Both have the backing of the controlling O'Reilly family and each kept their positions in the shareholder vote by a 65% majority.

Families assert their strength in the media

September 29, 2009

The families behind two prominent media companies, Australia-based Fairfax Media Ltd and Independent News and Media of Ireland, have both exerted their control over the direction of the business after company disagreements.

Ron Walker, the non-family chairman of Fairfax Media, announced yesterday he will not stand for re-election after two board members, both of the founding Fairfax family, said they would no longer support his tenure as chairman.

Power struggle at Independent News & Media to come to a head in November

September 25, 2009

The directors of the family-controlled Independent News & Media announced yesterday they would convene an extraordinary general meeting to vote on two of the proposals put forward by dissenting shareholder Denis O’Brien.

INM shareholder accuses family of "compromising board's independence"

September 7, 2009

An ongoing feud between the O’Reilly family, who control Independent News and Media, and the company’s second largest shareholder, Denis O’Brian, has escalated with O’Brian calling for an extraordinary general meeting to discuss the company’s debt

An ongoing feud between the O'Reilly family, who control Independent News and Media, and the company's second largest shareholder, Denis O'Brian, has escalated with O'Brian calling for an extraordinary general meeting to discuss the company's debt.

Next gen to take over at Independent News & Media

March 16, 2009

Sir Anthony O’Reilly has announced he is to retire as CEO of Independent News & Media on 7 May this year. He will be succeeded by his son, Gavin, who has held the chief operating officer position for the past eight years.

Sir Anthony O'Reilly has announced he is to retire as CEO of Independent News & Media on 7 May this year. He will be succeeded by his son, Gavin, who has held the chief operating officer position for the past eight years.

Sir Anthony, 72, is the largest shareholder with 28.5% ownership of the €1.5 billion Ireland-based media company, and has led the company for the past 36 years. He said he will continue to support the company in his role as president emeritus.