The story
Founded by Alfred Harmsworth, 1st Viscount Northcliffe on Sep 27, 1922.1
The group traces its origins to the launch in 1896 of the mid-market national newspaper the Daily Mail by Harold Harmsworth (later created, in July 1919, The 1st Viscount Rothermere) and his elder brother, Alfred. It was incorporated in 1922 and its shares were first listed on the London Stock Exchange in 1932.
The 1st Viscount Rothermere's son, Esmond, took operational control of the organization in 1932 and complete control in November 1940, when his father died.
Vere Harmsworth became the Chairman of Associated Newspapers in 1970. Upon the death of his father in July 1978, he succeeded as The 3rd Viscount Rothermere and became chair of parent Daily Mail and General Trust plc.
After almost 100 years in Fleet Street, the company left its original premises of New Carmelite House in Fleet Street in 1988 to move to Northcliffe House in Kensington.
Jonathan Harmsworth, 4th Viscount Rothermere became the chairman of DMGT on his father's death in September 1998. He increased his voting interest in DMGT, held through RCL, from 59.9% to 89.2% in July 2013 by buying out a stake from his relatives.
From 2011 to 2015, DMGT owned the e-commerce deal of the day company Wowcher (founded 2009), subsequently sold for £29m. In 2012, DMGT used its 55% controlling share to merge the Digital Property Group – consisting of the lettings websites FindaProperty (purchased 2004), PrimeLocation (purchased 2006) and SmartNewHomes – with Zoopla, and as of 2014 had a 52% stake in Zoopla Property Group, valued at £478m; it sold its then 29.8% stake for around £640m to Silver Lake Partners in 2018.
In 2019, DMGT joined the Belt and Road News Network.
In December 2021, Rothermere was able to purchase the remaining shares in DMGT for £885m and take the company private.
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In 2023, DMGT invested in Hexagon Cup, a Madrid-based padel competition. In August 2023, DMGT confirmed its interest in acquiring the Telegraph Media Group. The TMG hosts a rival to the Daily Mail, the Daily Telegraph.
From Wikipedia’s article on Daily Mail and General Trust, shared under CC BY-SA 4.0.5