Overview
- DMGT confirmed an exclusivity agreement with RedBird IMI to finalise terms and prepare regulatory filings for the Telegraph Media Group purchase.
- A DCMS spokesperson said Culture Secretary Lisa Nandy will review any new buyer under public interest and foreign state influence media merger regimes.
- DMGT says the Telegraph would remain editorially independent and receive substantial investment focused on international growth, particularly in the United States.
- The move follows the collapse of a RedBird-led deal after newsroom opposition and earlier legal changes restricting foreign state ownership of UK newspapers.
- If approved, the Telegraph would join DMGT’s portfolio including Metro, the i and New Scientist, with DMGT already handling the Telegraph’s advertising contract.