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SPH Media Trust (SMT), trading as SPH Media, is a mass media company in Singapore. It was incorporated on July 19, 2021, as a company limited by guarantee , it was a spin off from Singapore Press Holdings as part of a restructuring.
Singapore Press Holdings Limited (SPH) was an organisation with businesses in property and aged care in Singapore. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments. Prior to 1 December 2021, SPH was in the media business with a reach in the print, digital, radio, and outdoor media.
The Straits Times (also known informally by its abbreviation ST) is a Singaporean daily English-language newspaper owned by the SPH Media Trust. [2] [3] [4] Established on 15 July 1845, it is the most-widely circulated newspaper in the country and has a significant regional audience.
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The company was founded by Singapore Press Holdings on 8 June 2000 in an investment worth $50 million, [3] and appointed local television industry veteran Lee Cheok Yew as its CEO. [1] The new company aimed not only at the conventional radio and television businesses, but also eyed a potential interest in the online sector. [4]
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The company forms half of the mass media duopoly in the country alongside SPH Media Trust; the company was established in its current form in 1999, following the 1994 privatization of one of its predecessors—the Singapore Broadcasting Corporation (SBC)—as a group of state-owned enterprises known as Singapore International Media.
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