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Associated Newspapers of Ceylon Limited

Newspaper industry

Summary

Newspaper industry

Field	Value
name	Associated Newspapers of Ceylon
logo	Lake house logo.png
logo_size	180px
type	Government-owned corporation
industry	Media
products	Newspapers
foundation
location	Colombo, Sri Lanka
founder	D. R. Wijewardena
key_people	Krishantha Cooray
(Chairman)
Kavan Ratnayaka
(Managing Director)
Emerick Fernando (Director)
Sirimewan Dias Piyasena (Director)
area_served	Sri Lanka
revenue	Rs 3.050 billion (2016)
operating_income	Rs 28.008 million (2016)
net_income	Rs 20.608 million (2016)
assets	Rs 1.920 billion (2016)
equity	Rs 542.388 million (2016)
num_employees	1,526 (2016)
owner	Government of Sri Lanka (87%)
homepage

(Chairman) Kavan Ratnayaka (Managing Director) Emerick Fernando (Director) Sirimewan Dias Piyasena (Director)

Associated Newspapers of Ceylon Limited (ANCL), also known as Lake House, is a print media company in Sri Lanka. It publishes three daily, three weekend, five weekly, two monthly and three annual publications in Sinhala, English and Tamil.

Associated Newspapers of Ceylon Limited is a public limited liability company incorporated in Sri Lanka in 1926 by its founder D. R. Wijewardena. 75% of its shares were Nationalized under the Associated Newspapers of Ceylon Limited (Special Provisions) Law No. 28 of 1973 and this stake is held by the Public Trustee of Sri Lanka on behalf of the Government. Lake House is Sri Lanka's oldest publication company. Its Daily News English daily was the first Sri Lankan newspaper to be published on-line. At present Dinamina, Resa, Daily News, Thinakaran, Sunday Observer, Silumina, Budusarana and Sarasaviya publications are available on-line.

ANCL is in the process of introducing all publications to the ANCL website in the near future thus giving Sri Lankan expatriates as well as foreign communities opportunities of accessing news in Sri Lanka.

During the 2018 Sri Lankan Constitutional Crisis, the Lakehouse building was the site of many skirmishes between loyalists of former president Mahinda Rajapaksa and Prime Minister Ranil Wickremesinghe, due to the government-owned nature of the publications housed within the building.

References

"Associated Newspapers of Ceylon Limited 2016 Annual Report". [[Parliament of Sri Lanka]].
"Sri Lanka News | Dailynews.lk".
"ඇස පාදන රැස {{!}} සුවහසක් එක දෙසට".
[https://archives.sundayobserver.lk/2010/02/07/imp01.asp Epitome of Sri Lankan journalism] .

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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