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Old 07-06-2023, 21:18   #6
Damien
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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.
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