Description While the Church of Jesus Christ of Latter-day Saints handles the spiritual, Deseret Management takes care of the worldly. The holding company oversees a portfolio of for-profit ventures for the Mormon Church, including Bonneville International Corporation (radio stations), Deseret Book Company (inspirational publishing), and Deseret News (publisher of Salt Lake City's "Deseret Morning News" newspaper). Its KSL Television & Radio broadcasts news and information to the Salt Lake City market. Through Deseret Digital Media (DDM), the company oversees the website operations of DeseretNews.com, DeseretBook.com, MormonTimes.com, and LDSChurchNews.com. The Mormon Church formed the holding company in 1966.