The Thomson Corporation may be the biggest media company most people have never heard of, reports
While the one-time owner of The Times of London and a string of
small-town U.S. newspapers in small-town America sold off its print operations some time ago, it "has turned itself into a major purveyor of media of a different sort--specialized, high-end electronic
information sold by subscription to lawyers, financial traders, academics, and physicians." And with revenues of $8.7 billion in 2005, it is now larger than newspaper No. 1 Gannett, at $7.59 billion.
"If you ask most people in the financial community if they know Thomson, they won't," said Andrea Horan, an analyst with Genuity Capital Markets in Toronto. "But they all know their products." About
70 percent of the company's shares are held by the Thomson family, who rarely grant interviews--and made no exception for The New York Times.advertisement
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