Daily Mail publisher reports revenue drop with job cuts looming November 18, 2021 Daily Mail and General Trust (DMGT), owners of Metro and MailOnline, announced revenue was down one percent to £1.1bn this morning as it continues to feel the impact of the pandemic on events.
Geordie Greig to step down as Daily Mail editor amid leadership reshuffle November 17, 2021 Geordie Greig is leaving his job as editor of Mail Newspapers after ten years in the role. Ted Verity has been appointed as his replacement, a position that will include overall responsibility of the Daily Mail and The Mail on Sunday of which he has been editor for the last three years. It comes a [...]
Rothermere passes final hurdle to taking Daily Mail private November 3, 2021 Daily Mail and General Trust (DMGT) and the Rothermeres have agreed a recommended cash offer worth 255p, along with a special dividend worth 991p a share. The Rothermere family announced in the summer that it was considering an £810m bid to take the group private, giving chairman Lord Rothermere full control of DMGT. This proposal [...]
Tycoon Lord Rothermere requests yet another extension to make an offer for the Daily Mail Group October 28, 2021 With negotiations taking much longer than expected, newspaper tycoon Lord Rothermere has requested another one-month extension to make an offer for the group that owns the Daily Mail, Mail on Sunday and Metro newspapers.
Newspaper tycoon Lord Rothermere has until 28 October to make £800m Daily Mail offer September 30, 2021 Since negotiations are taking longer than expected, newspaper tycoon Lord Rothermere has been granted a one-month extension to make an offer for the group behind the Daily Mail, Mail on Sunday and Metro newspapers. A previous deadline was set for today but negotiations with the pension trustees at the Daily Mail and General Trust (DMGT) [...]
Tabloid websites pull in the most UK eyeballs, over those stuck behind a paywall September 3, 2021 Tabloid news websites pulled in the most UK readers in July, according to new official research, while left-leaning papers and those behind a paywall lagged behind. The research, from the media industry’s new official audience data provider Ipsos Iris, found that the MailOnline led with around 518.2m viewers, with The Sun which pulled in 334.7m, [...]
Cazoo cash: Newspaper tycoon Lord Rothermere moves closer to taking Daily Mail private August 27, 2021 The successful listing of used car business Cazoo means that newspaper tycoon Lord Rothermere moves a step closer to taking the company behind the Daily Mail, Mail on Sunday and Metro newspapers private. DMGT owned a stake in Cazoo and Lord Rothermere had said if the company could join the New York Stock Exchange successfully, [...]
Daily Mail owner to sell insurance business for £1.4bn, clearing the way for take-private bid August 5, 2021 Daily Mail owner DMGT has today confirmed that it will sell its risk insurance business RMS to Moody’s for £1.4bn, the first step in a bid to take the group private. Last month it was revealed that the Rothermere family was considering a bid for a slimmed-down version of DMGT. An £810m offer is contingent [...]
Daily Mail owner posts revenue rise amid Rothermere takeover bid July 22, 2021 The owner of the Daily Mail has reported a sharp rise in revenue in its latest quarter as it gears up for a potential take-private bid by Lord Rothermere. Daily Mail and General Trust (DMGT) said its group revenue grew by a quarter in the three months to the end of June. This was driven [...]
Screenshot: Will a streaming overhaul tidy up the UK’s messy music sector? July 16, 2021 This week: **Media Moment of the Week: ‘Oh fiddlesticks’ **Could a streaming crackdown tidy up Britain’s messy music sector? Media Moment of the Week: ‘Oh fiddlesticks’ In a situation you wouldn’t have thought possible in 2021, the BBC somehow found a man in Nottingham on Monday morning who still didn’t know the result of the [...]