11 March is the fated date on which Ofcom, the media regulatory body from the UK, will release the report concerning the desirability of the acquisition of The Daily Telegraph and The Spectator by an UAE investment fund. In the meantime, the debate between those against the buyout and those supporting it is shaping up...
Monday, September 25, 2017
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November 23, 2023November 23, 2023News
UK minded to intervene in Abu Dhabi-backed deal for The Telegraph
British media minister Lucy Frazer said on Wednesday she was “minded to” intervene in a deal that could see Abu Dhabi-backed RedBird IMI take control of the Daily Telegraph, saying she had concerns about the newspaper’s independence. The right-leaning title and Spectator magazine, favourites of politicians in the leading Conservative Party, are being sold after...