Landmark Media Investments
Landmark Media Investments was established in February 2013 and acquired several assets of Thomas Crosbie Holdings in March 2013.[15] On 3 July 2014, Landmark Media Investments, Thomas Crosbie Holdings and Post Publications LTD were involved in an unfair dismissal lawsuit.[18] Landmark Media Investments, submitted a basic proposal to buy The Sunday Business Post, including funding facilities to the newspaper's examiner on 29 March 2013, as did other potential bidders.[19] It was reported on 28 April 2013, that Landmark Media Investments had pulled out of the bidding for The Sunday Business Post.[7][27] In the Wexford Echo liquidation court case, which took place in June 2017, it was revealed that debt owed to AIB from Landmark Media Investment stood at €16.5 million.“An offer was made by this prospective purchaser, and negotiations including due diligence process are currently ongoing to finalise the terms of the sale,” the directors said in their report.The Waterford News and Star and The Nationalist and Leinster Times are also affected because Wexford Echo Limited provided sub editing for these titles.It was also reported that Iconic Newspapers might acquire the Landmark Media Investments regional titles and that PWC and AIB were in discussions about a debt restructure.[41] In August 2017, it was reported that Landmark Media Investments had ceased making payments into the Irish Examiner Pension Scheme.It was also reported that Rupert Murdoch's Wireless Group was interested in acquiring Landmark Media Investments radio assets.[47] By 6 December 2017, Landmark Media Investments had confirmed that all newspaper, radio and website interests would to be sold to The Irish Times subject to regulatory approvals.[51] The CCPC then cleared The Irish Times deal to buy Landmark Media Investments, and (following this determination) the parties had to submit a separate notification to the Minister for Communications, Climate Action and Environment.[52][53] The Minister for Communications, Climate Action and the Environment, Denis Naughten, approved the proposed transaction in June 2018.