Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Wonder who will buy the titles?
https://www.ft.com/content/1e16e3b9-...7-81e4cf5b1164

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

I hope it's The Guardian...or even better, The Morning Star ��

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Front-runners tipped by The Guardian:

• Associated Newspapers, owner of the Daily Mail, the i and Metro.
• Reach, owner of the The Mirror, Daily Express, Daily Star and OK! magazine.
• News UK, owner of the The Sun and The Times.
• Mediahuis, owner of the Irish Independent and Sunday Independent. The Irish arm of Mediahuis is chaired by Murdoch MacLennan, a former chief executive of Telegraph Media Group and they licence content from the Telegraph.

Outsiders:

• National World, which is run by David Montgomery, a former chief executive of the publisher of the Mirror titles.
• Jeff Bezos, who bough the Washington Post in 2013.
• Wealthy individuals and sovereign wealth funds seeking status and influence

My shortlist inspired by the above would be:

• 1. Mediahuis
• 2. Wealthy individual eg someone like Jim Ratcliffe
• 3. Reach

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

How about Groupe Figaro who publish the biggest selling newspaper in France? I know at least one fan of The Telegraph who would love that…

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

It's possible, although subscriptions in Wokingham might be impacted. ;) But unlike other trade buyers, the synergies would be more limited, so they could not justify spending as much as Reach or Mediahuis.

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Associated Newspapers makes some sense. They don't own a broadsheet and if they wanted one then The Telegraph makes the most sense.

But The Telegraph is not a money spinner. Few broadsheets are. The Times and The Financial Times are sustainable because they charge highly priced subscriptions and deliver the reporting their readers feel is worth it. The Telegraph has been shedding journalists for years, they do very little original reporting and they depend more on columnists and clickbait.

Will Associated Newspapers really want to overhaul all that and/or operate a loss-making paper? Murdoch did it with The Times for prestige and because he liked newspapers, The Guardian is a trust always trying to find new ways to make money and the FT made money.

Just reading the article I didn't know The Spectator was owned by the same group. That's a profitable and prestigious brand to own.

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

The Telegraph is profitable although you would get a better return for your money if you invested elsewhere unless you can take out costs by consolidating.

The Telegraph's content strengths are with its sports, business and leisure areas and less its news

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

DC Thompson are buying it. It's to be merged with the Beano. Dennis the Menace always was very right wing.

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Indeed, something fishy is going on here. Quite a coup d'etat from Lloyds, I do not understand, how Barclays were exposed so fast, without warnings.
Some lawyers/financiers will have their heads chopped off. We knew was coming but...

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Lloyds and its predecessors were trying to get paid for years but ran out of patience. It was a reckless loan inherited from HBOS that they've written down to £0.

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

I haven’t bought a paper, any paper, in ten years.

Print media will continue in ever decreasing circles.

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

Only 10 ? :angel:
I havent bought one in the 21st century, I stopped sometime in the mid 1990's. :D

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

I used to like to spend Sunday mornings goin through The Times, but ironically I just don’t have that kind of time anymore!

Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company
 

The Sunday Times has got so small these days that you could probably fit it in!

---------- Post added at 09:43 ---------- Previous post was at 09:42 ----------

Yup. Titles like the Telegraph now depend on online subscriptions and those like the The Sun on online advertising.