Kalian Media Group: Difference between revisions
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| logo = [[File:Kalian Media Group.png|250px|Kalian Media Group logo]] | | logo = [[File:Kalian Media Group.png|250px|Kalian Media Group logo]] | ||
| type = {{wp|Publicly-traded company|Public}} | | type = {{wp|Publicly-traded company|Public}} | ||
| traded_as = [[Dervaylik Stock & Bond Exchange| | | traded_as = [[Dervaylik Royal Stock & Bond Exchange|DRSBE]]: '''KMG''' | ||
| motto = ''Communicating the Future'' | | motto = ''Communicating the Future'' | ||
| foundation = {{Start date and years ago|1953|04|27}} (as ''Kalian Radio Holding Company'') | | foundation = {{Start date and years ago|1953|04|27}} (as ''Kalian Radio Holding Company'') | ||
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* ''The Chol Press'' | * ''The Chol Press'' | ||
* ''The [[Ashkelon#Media|Ashkelon Coastal Intelligencer]]'' | * ''The [[Ashkelon#Media|Ashkelon Coastal Intelligencer]]'' | ||
* [[Lihnidos|ABG (cable TV broadcaster)]] ([[Lihnidos]]) | |||
* ''[[Garza|The Garza Gazzette]]'' ([[Garza]]) | * ''[[Garza|The Garza Gazzette]]'' ([[Garza]]) | ||
* ''[[Sydalon#Major_cities|Tacora Philippopolis]]'' (The Philloppolis Journal) ([[Sydalon]]) | * ''[[Sydalon#Major_cities|Tacora Philippopolis]]'' (The Philloppolis Journal) ([[Sydalon]]) | ||
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After the [[Yarden Accords]], the Kalian media companies bought up several newspapers and TV stations in [[Sydalon]] and later [[Garza]]. In the early 2000s, during a wave of media {{wp|privatization}}s in [[Suvarova]], KMG and its competitor, the [[Roth Group|Roth subsidiary Bel-Scip Media]], bid against each other to 'snap up' ultra-cheap Suvarovan media outlets up for sale. | After the [[Yarden Accords]], the Kalian media companies bought up several newspapers and TV stations in [[Sydalon]] and later [[Garza]]. In the early 2000s, during a wave of media {{wp|privatization}}s in [[Suvarova]], KMG and its competitor, the [[Roth Group|Roth subsidiary Bel-Scip Media]], bid against each other to 'snap up' ultra-cheap Suvarovan media outlets up for sale. | ||
While always active in politics, the Kalians used their media assets with renewed rigor to support the centrist middle-income [[Action Yisrael]] and [[Alternative for Yisrael]] parties in the 2010s, utilizing editorial control over brand newspapers such as ''Zman Yisrael''. | While always active in politics, the Kalians used their media assets with renewed rigor to support the centrist middle-income [[Action Yisrael]] and [[Alternative for Yisrael]] parties in the 2010s and into the early 2020s, utilizing editorial control over brand newspapers such as ''Zman Yisrael''. | ||
====Iron Twins==== | ====Iron Twins==== | ||
The so-called "Iron Twins" ([[Kalian family|Devorah and Rivka Kalian]]) have tussled | The so-called "Iron Twins" ([[Kalian family|Devorah and Rivka Kalian]]) have tussled repeatedly with [[Ghant]]ish {{wp|Tabloid (newspaper format)|tabloid magazine}} ''[[Ghant|The Nibbler]]'' since the mid-1990s, suing the tabloid several times, unsuccessfully, after the tabloid has run headline articles and "{{wp|exposé (journalism)|exposés}}" painting the sisters - high-powered KMG executives - in an overly negative, unflattering, and detrimental light. | ||
===Political controversies=== | ===Political controversies=== | ||
Latest revision as of 02:45, 10 February 2021
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| Kalian Media Group logo | |
| Public | |
| Traded as | DRSBE: KMG |
| Industry | Mass media |
| Founded | April 27, 1953 (as Kalian Radio Holding Company) |
| Founder | Allan Kalian |
| Headquarters | Dervaylik, Yisrael |
Area served | Worldwide |
Key people | Saul Kalian (President and CEO) Devorah Kalian (Chairwoman of the Board) Liam Stryker (General Counsel) Rivka Kalian (CFO) Shlomo Kalian (Editor-in-chief of the Zman Yisrael) Yitzchak Kalian (Editor-in-chief of the IFI) |
| Products | Broadcast media Print media Film Entertainment Cable network programming Publishing Direct-broadcast satellite television |
| Revenue |  $31.87 billion (FY 2020) |
 $5.24 billion (2020) | |
| $4.30 billion (2020) | |
| Total assets | $58.94 billion (2020) |
| Total equity | $16.997 billion (2020) |
Number of employees | 29,456 (2020) |
Kalian Media Group is a Yisraeli multinational mass media corporation. It is the legal and corporate successor to the 2004 bankruptcy reorganizations of the then-separate Kalian Newspaper Group and Kalian Global Entertainment Corp. KMG, as of 2021, is estimated to own approximately 40% of all media in Yisrael, and has extensive operations worldwide, including in Sydalon, Garza, Gran Aligonia, Arthurista, Belfras, Suvarova, Sante Reze, Ghant, and Lihnidos.
It is headquartered in Dervaylik, and has a storied history due to its founding family, the Kalians, who own and control the corporation until the present, making them among the wealthiest persons in Yisrael and direct competitors with the Roth family and their assets. KMG is well-known for being the parent company and publisher of Yisraeli daily newspaper Zman Yisrael and the International Financial Insider as well as owner of Mesorah Broadcasting Company, one of the country's largest television networks.
Operations
Corporate governance
The corporation's leadership is a closely-held family succession whereby family members, in-laws, and longtime family friends and allies control key positions and institutions in KMG and its affiliates and subsidiaries.
Board of directors
The Board of Directors is chaired by Devorah Kalian, who also sits on the Board as an individual director. Saul Kalian, the corporate president and CEO, also sits on the Board as a inside director. Family relatives, friends, and allies control a clear majority of the corporate governing body.
Executive management
The chief executive officer and corporate president is held by family patriarch Saul Kalian. His daughter, Rivka Kalian, serves as chief financial officer. Rivka's husband, Liam Stryker, is the current general counsel.
Saul's younger sons, Shlomo and Yitzchak, are the editors-in-chief of Zman Yisrael and The International Financial Insider, respectively.
Subsidiaries and Affiliates
List of assets of KMG
- Zman Yisrael
- Mesorah Broadcasting Company
- The International Financial Insider
- Channel 14 News
- Weiss-Strauss Publishing Company
- Aish Kodesh Film Studio
- The Chol Press
- The Ashkelon Coastal Intelligencer
- ABG (cable TV broadcaster) (Lihnidos)
- The Garza Gazzette (Garza)
- Tacora Philippopolis (The Philloppolis Journal) (Sydalon)
- Kryssiyskaya Gazeta (The Kryssiysk Gazzette) (Suvarova)
- Federalnaya Pochta (The Federal Morning Post) (Suvarova)
Products and Services
- News reporting
- Film and movie production
- Entertainment programming
- Cable network and satellite network television
- Publishing
Public image and controversies
Public image
The Kalians and their media companies are viewed as an ambitious, burgeoning business empire. Emerging in the early 1950s after the forcible consolidation and narrowing of the media market in Yisrael during the Autocracy regime and Year of Blood, the Kalians first started in radio, before going into television in the 1960s and 1970s, including shifting towards cable TV and satellite-direct TV by the 1980s and 1990s.
After the Yarden Accords, the Kalian media companies bought up several newspapers and TV stations in Sydalon and later Garza. In the early 2000s, during a wave of media privatizations in Suvarova, KMG and its competitor, the Roth subsidiary Bel-Scip Media, bid against each other to 'snap up' ultra-cheap Suvarovan media outlets up for sale.
While always active in politics, the Kalians used their media assets with renewed rigor to support the centrist middle-income Action Yisrael and Alternative for Yisrael parties in the 2010s and into the early 2020s, utilizing editorial control over brand newspapers such as Zman Yisrael.
Iron Twins
The so-called "Iron Twins" (Devorah and Rivka Kalian) have tussled repeatedly with Ghantish tabloid magazine The Nibbler since the mid-1990s, suing the tabloid several times, unsuccessfully, after the tabloid has run headline articles and "exposés" painting the sisters - high-powered KMG executives - in an overly negative, unflattering, and detrimental light.