Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. Tom Murphy:

I will say something about the nature of theIrish Examiner'sbusiness. TheIrish Examineris a privately owned company. Up to March 2013, it was owned by what I will describe an investment holding company called Thomas Crosbie Holdings Limited which went into an insolvency process. TheIrish Examineris now owned by another investment holding company called Landmark Media and in neither of those scenarios did the Irish Examinerfile its own accounts. It always prepared consolidated accounts. The information pertaining to the Irish Examineras a single entity has not been available for many, many years. The information the Chair seeks is not in the public domain anywhere and it is important I state that. I am very mindful of the purpose of the inquiry and in an effort to assist the inquiry I am prepared to say that the relationship between property advertising in the 2002 to 2007 period was, on average, approximately 7% of our total revenues in that period.