Francis Brian Tierney Net Worth

Francis Brian Tierney Net Worth is
$9 Million

Francis Brian Tierney Bio/Wiki, Net Worth, Married 2018

Brian P. Tierney (born 1957) is an American advertising and public relations executive and former publisher of The Philadelphia Inquirer. Born in Upper Darby Township, Pennsylvania, Tierney created Tierney Communications, one of the largest and most successful public relations and advertising firms in Philadelphia, Pennsylvania, which he sold in 1999 and left in 2003. Tierney currently serves as chief executive officer of Brian Communications, which he founded in 2010, and RealTime Media, which he bought from the previous owners with the help of the venture firm, New Spring Capital. During his early years as a public relations advocate for his clients, Tierney was known for occasionally contacting reporters and their editors when he believed there was evidence of bias or unprofessionalism surrounding a negative story about his clients. Five years after True North Communications acquired Tierney Communications in 1998, Tierney left and founded another public relations firm, which was a sold a few months later.Tierney in 2006 assembled a group of investors to form Philadelphia Media Holdings LLC, a group started with the purpose of buying The Philadelphia Inquirer and Philadelphia Daily News. Chief executive of Philadelphia Media Holdings, Mr. Tierney also became the publisher of the Philadelphia Inquirer shortly after Philadelphia Media Holdings bought the paper. Initially, there were concerns about Tierney's neutrality because of earlier roles he held working in Republican politics and clashes he had with some reporters. But Mr. Tierney calmed those fears by hiring respected journalist and two-time Pulitzer Prize winner William K. Marimow as editor of The Inquirer and by signing a pledge not to interfere with the editorial content of the two newspapers. Under Mr. Marimow, the editorial quality of The Inquirer improved as the paper returned to its roots by doing more investigative stories. Initially, circulation increased in 2007 and advertising sales improved. Meanwhile, the Daily News won the 2010 Pulitzer Prize for investigative journalism for a series of stories on corrupt Philadelphia cops. However, the 2008 financial crisis led to a steep drop in advertising revenue. At the same time, circulation dropped as more readers migrated to the Internet. Newspaper values across the country plummeted by 90 percent or more. Mr. Tierney's group bought the paper at the top of the market and was saddled with a heavy debt burden. As a result, Philadelphia Media Holdings was forced to file for bankruptcy protection under the U.S. Bankruptcy Code. On April 28, 2010, the Philadelphia Inquirer, Daily News and philly.com were sold at a bankruptcy auction to a group of the original lenders, hedge funds and vulture investors led by Angelo Gordon & Company for $139 million. Mr. Tierney stepped down from his position as CEO of the company on May 21, 2010 in order to allow for a smooth transition. Several news accounts of his tenure have called him an "improbable 

Known for movies