UK government was ‘scared’, says man behind failed UAE-backed Telegraph bid
RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapersThe former CNN executive who fronted a failed bid for the Telegraph newspaper by a UAE-backed consortium has suggested the government was not willing to listen to assurances about editorial neutrality.Jeff Zucker said there were figures in the UK who were “scared” of the £600m deal, which would have seen the Abu Dhabi-backed consortium, RedBird IMI, take control of the Telegraph and Spectator. Continue reading...
RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapers
The former CNN executive who fronted a failed bid for the Telegraph newspaper by a UAE-backed consortium has suggested the government was not willing to listen to assurances about editorial neutrality.
Jeff Zucker said there were figures in the UK who were “scared” of the £600m deal, which would have seen the Abu Dhabi-backed consortium, RedBird IMI, take control of the Telegraph and Spectator. Continue reading...
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