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The Latest Breaking News from DMGT

Sun and Daily Mail publishers cut jobs in US digital operations

Daily Mail owner says it has made ‘a small number’ of job cuts in US, and US Sun is also cutting back

The Guardian - UK

Daily Mail owner pulls out of race to buy Telegraph blaming new Labour government

Earlier this year, the Conservative government intervened to block Abu Dhabi-backed fund RedBird IMI from buying the newspaper group

The Independent UK

British Newspapers: Who Owns What?

A UK government proposal to ban foreign states from owning British newspapers looks set to scupper plans for an Abu Dhabi-led bid to take over the Telegraph Media Group (TMG).

International Business Times

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Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary

The Guardian - UK

Air Mail valuation cut by nearly 50% as takeover talks loom

Air Mail has seen its valuation slashed by nearly 50% amid reports the fledgling magazine is in takeover talks.

Evening Standard

Legal tech firm Farewill sees value written down more than £50 million by shareholder Daily Mail

Legal tech firm Farewill has seen its valuation slashed by more than £50 million by one of its major shareholders, the Standard has learnt, amid growing signs European tech firms are struggling to hold on to the heady valuations they attracted during the height of the pandemic.

Evening Standard

Top Tory strategist’s lobbying firm advising Daily Mail owners on Telegraph bid

Exclusive: Isaac Levido’s company, Fleetwood Strategy, is helping DMGT navigate potential acquisition of rightwing broadsheet

The Guardian - UK

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Telegraph and Spectator expected to be bought over by Abu Dhabi-backed fund

Abu Dhabi-backed investment fund RedBird IMI has paved the way to take control of the Telegraph and Spectator publications after agreeing loans to…

The National (Scotland)

Telegraph auction poses litmus test for value of newspapers in digital age

While falling sales suggest the demise of print, the industry has proved adaptable and remains attractive to media barons

The Guardian - UK

The Telegraph has drawn a glittering array of bidders. But which will win?

Profitable and influential, the Telegraph is far from a distressed asset

Evening Standard

Stop press: Sun and Daily Mail owners to combine printing operations

Move by Rupert Murdoch’s News UK and Lord Rothermere’s DMGT could result in closure of two printing sites

The Guardian - UK

The Mail and the Telegraph owned by the same man? It would be a disaster for the UK’s free press

I like Lord Rothermere, but a media landscape dominated by a few powerful figures is a grave threat to our democracy, says the Conservative MP David Davis

The Guardian - UK

Daily Mail owner looks to Middle Eastern backers over Telegraph bid

Lord Rothermere is second potential suitor to turn to oil-rich region for financial support

The Guardian - UK

Telegraph sale: who might win a fight for the voice of Tory England?

With a sell-off looming for the newspapers, several tycoons and groups look to have the money, and the motivation, to take over

The Guardian - UK

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Evening Standard

Telegraph titles to be sold: Who owns the other UK newspapers?

The Daily and Sunday Telegraph plus The Spectator magazine are on the market after the Barclay family lost control of them

Evening Standard

Barclays’ sale of Daily and Sunday Telegraph could take months to complete, warn banks

Sale is set to a spark bidding war amid debts of £1 billion

The Guardian - UK

What next for Daily and Sunday Telegraph now they are to be sold?

Key questions on fate of newspaper group after row between Barclay family and Lloyds Banking Group

The Guardian - UK

Trussonomics: who were doomed mini-budget’s biggest cheerleaders?

Description of mini-budget as ‘seismic’ in one pro-Tory paper proved correct – though perhaps not in the intended sense

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The Guardian - UK

Lord Rothermere takes over as chief executive of Daily Mail owner

Paul Zwillenberg steps aside for chairman, who is great-grandson of paper’s founder, Harold Harmsworth

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