A UAE-backed takeover of the Telegraph would potentially be against the public interest, the media regulator Ofcom has warned the Culture Secretary. “In particular, they consider that International Media Investments, a majority partner in RB Investco’s parent company, may have the incentive to influence TMG in a way that could potentially act against the public interest in the UK by …
Foreign state control of British newspapers is to be outlawed, effectively blocking the UAE’s attempted takeover of The Telegraph. The amendment is yet to be published and it remains unclear what percentage of foreign state ownership would amount to “influence” under the proposed change. Lord Parkinson said the amount of overall ownership by a foreign state entity, such as a …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a letter co-ordinated by Neil O’Brien, who was …
