Delpha Verrco

Jump to navigation Jump to search
Delpha Verrco
Formerly
Verrco Buildings and Infrastructure
Verrucosa Tenura
public S.p.A.
Traded asDVCO
Founded18 August 1954
Founder
Headquarters
182 Via Sacra, Castellum
,
Area served
Worldwide
Key people
Marius Verrucosus (CEO)
Products
RevenueIncrease $95.5 billion (2018)
Increase $18.1 billion (2018)
Total assetsIncrease $366.94 billion (2018)
OwnerVerrucosa family (controlling stake)
Number of employees
170,731 (2020)
Divisions
  • Delpha Studios and Entertainment
  • Delpha-LTC Networks
  • Mediapublica Verrco
  • CN Global
  • Delpha Verrco Global Streaming and Interactive
  • Verrcomm Global
  • Delpha Oblectamentum
  • Delpha Verrco International
Subsidiaries
  • Utica Internationalis Holdings
  • PhoenixMedia
  • Miraculum Delpha-TPK
  • The National Observer Company (51%)
  • Zoltelecom (51%)
  • Phoenix Energy (19%)
  • Rota Latina (12%)
  • Ferrett Group (5.1%)
Websitedelphaverrco.la

Delpha Verrco S.p.A. is a Latin global conglomerate with holdings in media, entertainment, telecommunications, energy, and transportation. As of 2023, it is one of largest corporations by revenue in Latium. The corporate headquarters is located in Castellum, Latium, with Marius Verrucosus serving as CEO since 2018.

It is the largest pay-TV company and movie studio in Latium, and the xth largest in the world, as well as the largest internet service provider and cable or digital TV provider in Latium. Delpha Verrco, through its many divisions and subsidiaries, reach extends globally throughout the world. Delpha Verrco is the chief operator of LTC, a broadcast network station and all of its corresponding cable and digital networks including LTCNuntia, LTCA, ITV, C!, as well as Canalis Nuntia (CN; The News Channel) and a number of foreign-based or international networks.

History

The corporation was founded in spring 1951 by brothers Josephus Verrucosus and Valens Verrucosus, with financial backing from Marius Claudius, after being awarded a contract by the Latin government for rebuilding areas of the country following the end of the Social War. The company was initially named Verrucosa Building and Infrastructure, and was later renamed when it began to absorb other industries, including LTC. Initially the company relied upon the Latin monarchy for its primary investment. From 1950 until 1958, the Duchy of Adrianople controlled as much as 88% of the company, of which a 5% non-voting ownership is retained by the Latin Imperial Family. Valens Verrucosus served as the company's first CEO and President until he was replaced by his older brother Josephus Verrucosus in 1977.


In the early 1970s, Verrucosa Tenura began to shift towards media and entertainment after the acquisition of major domestic movie studio and broadcaster Delpha, which also owned and operated LTC. Delpha Verrco continued to expand into telecommunications and the media market of the years both in Latium and abroad. Delpha Verrco is a publicly traded company in Latium, but the Verrucosa family holding company owns or controls just over 25% of all shares, and a non-dilutable 49% voting power over the company.

Holdings

See also