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...
Lucy Frazer said she is concerned about the potential influence of Abu Dhabi over The Telegraph. Culture Secretary Lucy Frazer has said she is “minded to” open a second investigation into the proposed sale of Telegraph Media Group to Abu Dhabi-backed Redbird IMI. The move was prompted by Redbird IMI making changes to the corporate structure of the potential acquiring entities...