Founded in 1964, Bonneville Internationals heritage traces its early roots to KSL Radio, which first went on the air in May of 1922 (originally as KZN) in Salt Lake City, and to KSL-TV, which had its on-air debut in 1949. endstream endobj 61 0 obj<>stream &@ rRQ%IX=[}n6K}0+G1J:WC8l'HfW/":z:H}|,>o3:GgB13i1hM73,z ^ 3MNNU@M"`@rqA: !K-nqr9uSr[A7}m$\ddLx'w0(0, FQ is anon-profit organizationand a division of Welfare Services ofThe Church of Jesus Christ of Latter-day Saints(LDS Church). When discussing my concerns regarding certain events in Church history, or church doctrines, and policies, I am often asked, well why do the brethren serve as they do, I think the answer to that question is now obvious. 0000000944 00000 n Bias Rating: RIGHT-CENTER MBFCs Weekly Media Literacy Quiz Covering the Week of Feb 25 Mar 3rd, The Latest Fact Checks curated by Media Bias Fact Check 03/03/2023, Daily Source Bias Check: The Event Chronicle, The Latest Fact Checks curated by Media Bias Fact Check 03/02/2023. National and world news is generally from the Associated Press. Minor correction KIRO has actually been 97.3 FM for several years now. Deseret Media Companies: Helps operate Deseret Management's media focused subsidiaries. Ritch previously worked in leadership positions at Cisco, Intel and. The mildly addictive KSL.com brings locals together with KSL News and KSL Marketplace, which includes Classifieds, Cars, Jobs, Homes and Services. Keith B. McMullin, president and CEO of Deseret Management Corporation, which owns and operates the Church News, said, "The Church News is focused on being a 'living record of the restoration' and providing context to significant actions and activities of leaders and members of the Church of Jesus Christ. This page was last edited on 30 November 2022, at 04:53. Media Bias Fact Check offers a number of sustaining Ad-Free membership plans to fit your budget! Read our profile on the United States government and media. Required fields are marked *. Willes came to DMC from retirement and said Thursday's change allows him to go back. UPMA also owns and operates several other commercial properties in downtown Salt Lake City, including the McIntyre Building, Deseret Book Building, Orpheum Office Plaza, and the Eagle Gate Parking Plaza. Slightly older image (1991) but more complete: I have often been told that the Church is a non profit making organisation, and was dependant on the tithes and offerings paid by the membership. These media sources are slightly to moderately conservative in bias. Bonneville International Corporation, which controls over two dozen top radio stations across six states, is also wholly owned by LDS throughDeseret Management Corporation, the churchs for-profit arm. Please fill out the form below with any questions, comments or inquiries you may have. All Rights Reserved, Deseret Management Corp. names strategic initiatives director and new Deseret Digital Media president, Fed raises interest rates by 0.5%, the highest rise since 2000, While U.S. hits new job quitting record, this man set his own record 84 years at the same company, The U.S. housing market is historically overvalued. investment management affiliate of the Church of Jesus Christ of Latter-Day Saints. Boothbay Fund Management LLC lifted its position in FLEETCOR Technologies, Inc. (NYSE:FLT - Get Rating) by 18.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Corporate Relations Get the big picture on a company's affiliates and who they do business with. From a sustainability point of view, the results speak for themselves: While print revenue continues to be "in decline," digital revenue has increased 50 percent per year since the inception of Deseret Digital Media in 2009 and is now "north of 25 percent" of total revenue, according to Lee. "It meets a variety of consumer needs daily and KSL.com keeps people abreast of vital news on a real-time basis, contributing in a significant way to an informed citizenry. Nate brings some great experience both on the technology side and in entrepreneurial business development, Brown said. Click on the company name to see current open positions at that company. Deseret Management Corp. is the parent company of Deseret Digital Media. Offering a pragmatic view for those feeling disconnected and under-represented in the polarized media scene, the Deseret News is dedicated to filling a void in quality journalism by being a convener of center-right ideas to help develop solutions for issues facing society. Hatch has also held leadership positions at several companies, including C7 Data Centers, Times Mirror, Novell and WordPerfect. Today, it owns and oversees. She has a strong ability to think strategically and also the ability to operationalize at a very high level. McMullin said the companies he now oversees have weathered wrenching changes, and are now well-positioned to continue to adapt to a new and innovative world. Hatch has also held leadership positions at several companies, including C7 Data Centers, Times Mirror, Novell and WordPerfect. Kieth McMullin (former Presiding Bishopric member) stated that money can flow from the church to the corporations but happens rarely. November 20, 2001. A study co-written by Cragun and recently published in Free Inquiry estimates that the Mormon Church donates only about 0.7 percent of its annual income to charityhttp://mobile.businessweek.com/articles/2012-07-10/how-the-mormons-make-money. We are fortunate to have her in this role.. Thank you. 2023 Curriculum Focused on the New Testament. Our people have been through it and weathered it in a wonderful way. (11/3/2016) Updated (D. Van Zandt 08/28/2022), Last Updated on August 28, 2022 by Media Bias Fact Check, Left vs. Intellectual Reserve, Inc(IRI) is a non-profit corporation (the actual Church part of the church, Deseret Industries(D.I.) In August 2019, they updated the website and changed its domain to deseret.com. This site uses Akismet to reduce spam. Before joining AgReserves, he worked as an audit manager for Deseret Management Corporation and was a controller for Bingham Engineering. Hatch succeeds Greg Peterson, who will move to the newly created managing director of strategic initiatives for Deseret Management, where he served previously as chief revenue officer. "I believe that every successful product or service must ultimately bring people together in some way. Nate Hatch will replace Peterson as president of Deseret Digital Media. "Deseret Digital Media is one of the gems in DMC's family of companies," McMullin said. Shares of NYSE K opened at $67.68 on Monday. First Presidency, Presiding Bishopric and three rotating of the 15 apostles, Gordon B. Hinkley was chairman of the board until 1993, The Church of Jesus Christ of Latter-day Saints, Corporation of the President of The Church of Jesus Christ of Latter-day Saints, http://mobile.businessweek.com/articles/2012-07-10/how-the-mormons-make-money, Litigation and the Mormon Church | Mormon Coffee, https://truthmarche.wordpress.com/2010/10/04/church-finance-part-i/, LDS Class Action Update May 31, 2019 parenting, Escaping the Mormon Quicksand I Love USA, Popularity of #MormonFraud Videos I Love USA, LDS Church and Same Sex Marriage Timeline, The Pump LDS film and the original source, Ethan Smith, Hyrum Smith, Oliver Cowdery, Solomon Spaulding connections. Source: Top executive at Deseret Book. Learn how your comment data is processed. Hatch has spent decades in executive-level technology and business leadership positions. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. and I would respond, 'Well, in the next few hours, I will relax.'". Media Type: Newspaper ", One change he is getting used to is the transition from being known as "Bishop McMullin.". D. Michael Quinns new book of Church Finances. Revenue is generated via advertising, sponsored content, and subscription fees. $84,229 / yr. Investment Research Analyst salaries - 1 salaries reported. . Salt Lake Tabernacle Corporation (EIN# 870569881) is an tax exempt organization filed with Internal Revenue Service (IRS). Sells shares of stock. Keith McMullin, president and CEO of Deseret Management Corp., center, is flanked by the Deseret News leadership team while announcing leadership changes at the news organization's office in Salt Lake City on Wednesday, Jan. 18, 2023. The technology is here, but politics may stand in the way. Robin Ritch was named president in a companywide announcement by Keith McMullin, CEO of Deseret Management Corp. Ritch succeeds Jeff Simpson, who will be leaving in June to serve a three-year ecclesiastical assignment for The Church of Jesus Christ of Latter-day Saints. 55 0 obj <> endobj "KSL Marketplace provides people valuable help in finding what they wish to buy, locating where they wish to work, and selling what they wish to sell. Today, TSHC continues to be known as the Hospitality Host of Temple Square and has grown into two catering facilities, four restaurants, a bakery, a full-service floral department and a contact center for all of Temple Square. 0000007205 00000 n All plans give access to our growing exclusive content! PresidentRoger G. Clarke, Polynesian Cultural Center (PCC) in 2010, net assets worth $70 million and collected $23 million in ticket sales alone, as well as $36 million in tax-free donations, MDU Resources Group, INC. Purchases stock from Ensign Peak Advisors, Zions Securities Corporation(ZSC) is a subsidiary ofProperty Reserve Inc., which manages property owned by theCorporation of the President of The Church of Jesus Christ of Latter-day Saints. ", She said, "He has a wonderful reputation and, as a longtime DMC board member, Keith understands our businesses well. Chapter Eight: New Users, New Revenue Alternative ways to make money . If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. Serving Refugees in Faith. Claim your Free Employer Profile Website: www.deseretmanagement.com Headquarters: Salt Lake City, UT Size: 1001 to 5000 Employees Founded: 1966 Type: Company - Private Industry: Film Production Revenue: $500 million to $1 billion (USD) "We've made a lot of changes. The editorial tone of Deseret News is usually described as moderate to conservative. 2013), illustrates the fact that goodwill may exist and be intermixed with business assets being transferred in. possibly including 1,400 people who are volunteering their time and their servicessome are part-time and some are volunteer. Many of these members being asked to serve full- or part-time are retirees. Elder Gong Youth Event: I Can Do All Things through Christ. Deseret Management Corp. is the parent company of Deseret Digital Media. He sees the season of difficult economic cuts as being over, but does not see a status quo on the horizon. She served from 1997 to 2002 as second counselor in the Relief Society General Presidency and is executive vice-president and chief content officer of Deseret Management Corporation. Boncom, our advertising agency is an award-winning communications consultancy full of experts at experience design, branding, media buying, marketing, analytics, research, and strategy. wD-(z4q7. or superseded by additional information. which otherwise qualified as a like-kind exchange under section 1031 of the Internal Revenue Code.2 If defendant is right, the portion of the . Business and technology leader Nate Hatch has been named president of Deseret Digital Media. But Wolff says losing is a good. The college is owned by, January 2012, Zions Securities Company changed its name to, Spencer P. Eccles from the Utah Governors Office of Economic Development, the mall cost the church an estimated $2 billion, part of the$5 billion church-funded revamping of downtown Salt Lake City, 200,000 acres of land in Rich, Morgan and Weber counties (Utah), Deseret Ranches of Florida (Orlando) (largest ranch in Florida), According to an official church Welfare Services fact sheet, the church gave $1.3 billion in humanitarian aid in more than 178 countries and territories during the 25 years between 1985 and 2010. Prepare annual budget and variance analysis. HVn@#{t+8I\52U^*[ n}$FV,xvxq&OjAPP40Z(&P6Rid9T+hf;`PuzrzRnF2! :* 8?Z]2FC3k49 M>8br7.$c(#uBcPp3a@Y The company also provides technical expertise for sister company websites Deseret.com, Church News and other digital assets owned by Deseret Management Corp. Nathan Hatch brings to Deseret Digital Media an impressive combination of entrepreneurial, digital and leadership talent that will extend its news and marketplace offerings to an even broader spectrum of consumers in Utah, the Intermountain West and beyond, McMullin said. General Discussions ; Lds Church Issues Statement Re: Church Finances Work with financial institutions. Deseret Digital Media brands include KSL.com and KSL Classifieds. Founded in 1850, The Deseret News is a broadsheet newspaper published in Salt Lake City, Utah, United States. KSL Marketplace provides people valuable help in finding what they wish to buy, locating where they wish to work, and selling what they wish to sell. 1. 0000006863 00000 n Deseret Management Corp. is the for-profit arm of the Church and includes media-related companies Deseret Book; the Deseret News; KSL-TV, KSL Newsradio and other Bonneville International radio stations; and its newest entity, Deseret Digital Media. Deseret Management Corporation Jun 2013 - Jan 2020 6 years 8 months. The LDS church has taken ambitious strides to preserve and grow its wealth over the years. Deseret Digital Media President Greg Peterson was appointed Thursday as the managing director of strategic initiatives for Deseret Management Corp., where he served previously as chief revenue officer. She has served on a number of advisory boards for startups, social good businesses and was a partner with Social Venture Partners, according to the release. "DMC has the very same objectives of strong coverage of our community while reaching out beyond our borders.". Deseret Management Corp - Keith B. McMullin is CEO Board ( First Presidency, Presiding Bishopric and three rotating of the 15 apostles) annual revenue of $1.2 billion 10% flows back to the corporation of the presiding bishopric. If LDS were a corporation,Timecontinued, its estimated $5.9 billion in annual revenues would have placed it midway through the Fortune 500. Robin is a transformational leader, McMullin said in a news release. For more than 170 years, the Deseret News has served as a trusted news source contributing to national conversations by celebrating the perspectives of the New Westfrom its values and communities to its entrepreneurial spirit and more. Heres what you need to know, Japanese official denies Lee statement on commitment to expedite release of Lt. Ridge Alkonis, Utah Legislature finalizes record $29B budget. DMC serves customers in the United States. Agreserves Australia LTD Kooba Station,Australia. Cl. There is probably some lengthy explanation of all this, which allows them to justify the contradictions, but I doubt that it squares up to the moral code of the scriptures. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. DMC has promoted an objective of developing and maintaining "trusted voices of light and knowledge," which McMullin said will apply to both its regional audience surrounding Utah and to a global marketplace. Job Title. Leaders within the media companies responded to Thursday's changes. Something went wrong while submitting the form. Thank heavens our people have been so supportive and encouraging," he said of his time at the helm of DMC. DMC also sold 17 Bonneville International radio stations in January 2011. His unique abilities are now being applied to other growth opportunities within DMCs family of companies.. "Nate brings some great experience both on the technology side and in entrepreneurial business development," Brown said. Estimated read time: 3-4 The Deseret Management Corporation operates the 162-year-old Deseret News, Utah's oldest continually published newspaper and local radio and television station KSL. It is simple and works like this:- Plaintiff filed its complaint against defendant on February 3, 2006, id., and the parties have been engaged January 2012, Zions Securities Company changed its name to Utah Property Management Associates, LLC, (UPMA). Plaintiff Deseret Management Corporation (DMC) alleges that the United States, acting through the Internal Revenue Service (IRS or government), erroneously assessed and illegally collected income taxes. The institutional investor owned 2,175 shares of the business services provider's stock after acquiring an additional 343 shares during [] I worked for Deseret Industries. 0000000696 00000 n Beneficial Life has its own post on my blog detailing the use of tithing funds to bailout bad investments (and keep the lights on including paying employees). AV.\|W Further, one can see on my Tithing Bailout timeline that historically the church used funds to bail out the Utah Loan and Trust, the sugar company, and many for-profit efforts. The resource shift into the digital media environment has also created an opportunity for interactivity while vastly extending the companies' audience. 55 20 Otherwise, they hold a right-of-center bias and report news factually. In review, Deseret News covers local news via journalists with minimal bias, such as this: Ogden police identify fatal crash victim. In July2007, theSalt Lake Tribunecovered an Oregon Supreme Court ruling ordering the church to publicize its financials in connection with a lawsuit from an alleged abuse victim, noting that it had not disclosed such information since 1959. [6], In October 2021, DMC hired Aaron Sherinian to a new role of senior vice president of global reach.