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The Latest Breaking News from RedBird

Daily Mail Launches £500M Bid to Take Over the Telegraph in Explosive Media Shake-Up

DMGT enters exclusive talks to buy The Telegraph, marking a major shift in the UK media landscape.

International Business Times UK

Lord Rothermere’s Telegraph takeover strengthens UK media’s rightwing tilt

Many fear competition and diversity will be diminished as Daily Mail owner wins race to buy newspaper

The Guardian - UK

‘We’re sick of being the story’: what next for the Telegraph after takeover collapses?

Media group’s future is again in limbo – and it faces questions over the asking price as well as regulatory hurdles

The Guardian - UK

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US investment firm RedBird drops £500m Telegraph takeover bid

The news throws uncertainty over the future ownership of the 170-year-old newspaper business following a tumultuous takeover process.

The Independent UK

Telegraph sale collapses as RedBird pulls out of £500m deal to buy newspaper

A source close to RedBird said it’s ‘time to move on and find another buyer’

The Independent UK

RedBird Capital drops £500m Telegraph takeover bid

US private equity group’s deal collapses amid newsroom criticism and threat of regulator intervention

The Guardian - UK

More in common: how Sheikh Mansour is linked to Liverpool’s owner

Manchester City owner has a co-investment vehicle with the company that is the third-biggest shareholder in FSG

The Guardian - UK

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Telegraph bidder reported for potential breach of editorial independence rules

UK government alerted after RedBird Capital’s boss allegedly threatened to ‘go to war’ with the title’s newsroom

The Guardian - UK

Telegraph sale in turmoil after lead bidder linked to China’s politburo

Media group’s own paper publishes photograph of RedBird Capital chair with alleged spy ring chief

The Guardian - UK

The sale of the Telegraph is no trivial matter. A mainstream media further exploited by the right threatens us all

It’s more than just the Tory house bible. On multiple ethical and political grounds, Lisa Nandy must think hard before nodding any deal through, says Guardian columnist Jane Martinson

The Guardian - UK

Chris Wallace, the son of a ‘60 Minutes’ legend, is now advising CBS’s new owner

‘I am absolutely convinced that any talk about the new owners wanting to move CBS News in a particular political direction is absolutely mistaken,’ Chris Wallace told The New York Times on Friday.

The Independent UK

NGOs urge Nandy to halt sale of Telegraph over China links

Letter from rights groups says RedBird Capital’s proposed takeover threatens media pluralism and transparency

The Guardian - UK

RedBird Capital’s $2 billion power play: Meet Gerry Cardinale, the private equity kingmaker behind the Paramount–Skydance deal

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far the largest to date.

Fortune

Someone Just Asked A Major Paramount Investor If CBS News Would Be Compromised As The Skydance Merger Finalizes And Colbert Gets The Axe

Paramount's top investor shared his thoughts.

Cinemablend

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The Guardian - UK

Telegraph sale poised to go ahead after Lords foreign ownership vote

Consortium led by RedBird Capital in line to buy group for £500m, in deal that would result in UAE retaining 15% stake

Evening Standard

MPs back foreign investors owning minority stakes in UK newspapers

Commons votes overwhelmingly in favour of a 15% cap as saga over RedBird IMI’s takeover inches closer to conclusion.

The Guardian - UK

MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal

Exclusive: Cross-party group including peers warns of risk of ‘potential Chinese state influence’ in private equity firm

Euronews

US investment firm Redbird plans to buy Britain’s Telegraph newspaper

The Telegraph Group's previous owner, the Barclay family, is expected to use this sale to pay off significant existing debts.

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International Business Times

UK Newspaper The Telegraph Set For US Ownership

British right-wing newspaper The Telegraph has agreed a takeover by US investment group RedBird Capital Partners, ending a two-year saga marked by UK government intervention over press freedoms.

The Independent UK

US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaper

A consortium led by U.S. investment firm Redbird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about $674 million

The National (Scotland)

The Telegraph to be sold to US-led consortium in £500m deal

The Telegraph is to be bought by a consortium led by US investment firm RedBird Capital for around £500 million.

The Independent UK

Telegraph to be bought by US firm RedBird Capital for £500m

The deal was initially blocked by the government due to new regulations preventing foreign state ownership of the press

Evening Standard

Telegraph to be bought by US firm RedBird Capital for £500million

It comes more than a year after the Government blocked a takeover of the media business

The Guardian - UK

Consortium led by RedBird Capital agrees to buy Telegraph for £500m

Deal with US private equity company will end two years of uncertainty over future of titles

The Guardian - UK

Foreign states should not be co-owners of UK newspapers

The definition of an acceptable state stake should be zero if one is serious about protecting press freedom

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