The Herald and Weekly Times
The Herald and Weekly Times Pty Ltd (HWT) is a newspaper publishing company based in Melbourne, Australia. It is owned and operated by News Pty Ltd, which as News Ltd, purchased the HWT in 1987.[1][2]
Newspapers
The HWT's newspaper interests date back to 1840 and the launch of The Port Phillip Herald. The company publishes the morning daily
merger of the company's morning tabloid paper, The Sun News-Pictorial, with its afternoon broadsheet paper, The Herald
. The Herald had a 150-year history, and The Sun News-Pictorial a 68-year history, in Melbourne. The HWT had bought The Sun News-Pictorial in 1925.
The HWT also publishes The Weekly Times, aimed at farmers and rural businesses.
The HWT bought a controlling stake in two years later. The News was sold in 1949.
The HWT bought The West Australian in 1969.
By 1986 Queensland Press was the largest shareholder of HWT which was targeted for a takeover by the media tycoon
HSV-7. Murdoch in turn acquired Queensland Press in January 1987 via his family company Cruden Investments for $ 700 million.[4]
See also
- HSV-7 – owned and operated by the HWT from 1956 to 1986
References
- ^ Dean, Anabel; Deans, Alan; Wright, Lea (11 February 1987). "Winners And Losers In HWT Takeover". The Sydney Morning Herald. p. 29. Retrieved 9 January 2012.
- ^ "Not All Bad News". The Canberra Times. 19 January 1987. p. 2. Retrieved 19 August 2022.
- ISBN 0-17-005998-7
- ^ Hutcheon, Stephen (4 March 1987). "Rivkin Takes A Slice Of HWT". The Sydney Morning Herald. p. 40. Retrieved 9 January 2012.