Media mogul Conrad Black reportedly set to back US bid for The Telegraph Media Lord Conrad Black, the media tycoon who owned The Daily Telegraph for nearly two decades, may be set to return to the British broadsheet. Black has been floated as a potential backer of a bid for The Telegraph, led by Dovid Efune, owner of The New York Sun, according to Sky News. One insider suggested [...]
Redbird IMI sells The Spectator to Sir Paul Marshall for £100m Media Redbird IMI has sold The Spectator magazine, part of the Telegraph Media Group, to hedge fund magnate Sir Paul Marshall’s Old Queen Street (OQS) Media for £100m. OQS Media owns and operates the online magazine UnHerd, the Old Queen Street Café, the UnHerd Club and CoEditor Limited, a publishing technology startup. Sir Paul Marshall, also [...]
All3Media: The Traitors maker still in the red before £1.15bn RedBird IMI takeover Business Turnover dropped below the £1bn mark at TV and film production powerhouse All3Media, which is behind the likes of The Traitors, in the year before it was acquired by RedBird IMI, the investment fund helmed by US media titan Jeff Zucker. The London-headquartered company was snapped up from Warner Bros Discovery and Liberty Global in [...]
Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator August 1, 2024 The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]
Daily Mail owner pulls out of Telegraph race due to ‘overly restrictive’ new rules July 11, 2024 Daily Mail owner DMGT has pulled out of the race to own the Telegraph conceding that it would become embroiled in a protracted and knotty process with competition authorities, blaming to updated governing rules and the "new government".
Telegraph warns of ‘potential irregularities’ in accounts as it reports £245m loss June 19, 2024 The owner of the Daily Telegraph has warned of "potential irregularities" in its accounts following a loan extraction of £278m by the Barclay family, which it says may never be recovered.
Media secretary demands updates into Redbird IMI’s Telegraph sale May 3, 2024 Earlier this week, Abu Dhabi-backed investment fund Redbird IMI formally withdrew its offer for the Telegraph and launched a sale of it.
The Telegraph is back on the market. Who could buy it? April 30, 2024 A number of potential bidders are still interested in buying the Telegraph since the government thwarted Redbird IMI's takeover attempt.
Barclay family set to lose control of Very Group as Redbird IMI looks to kick off sale April 30, 2024 The billionaire Barclay family is rumoured to be plotting a sale of their online retail and financial service business Very Group.
Telegraph takeover: Could Yorkshire Post owner National World win race as it declares itself ‘the best’? March 21, 2024 National World, the owner of titles such as the Yorkshire Post and The Scotsman, has stepped up its interest in buying the Telegraph.