This transaction strengthens the Company's balance sheet and reflects the Board's determination to take decisive action. With improved financial stability and a clear governance framework in place, the focus can now be on disciplined execution and long-term value creation.
One has drawn outsized attention: We love America. And we make no apologies for saying so. That reaction is the story, not the value itself. For most of broadcast history, such a declaration would have been unnecessary. Patriotism was implied. It lived in the authority of the anchor chair, the cadence of the broadcast, and the institutional confidence of the networks. Love of country was not a value statement. It was the background condition.
The year is 2029. President Alexandria Ocasio-Cortez, having spent years raging against Fox News as a propaganda organ whose very operation is illegal, has found a pressure point to control it. She enables its sale to owners who are friends of hers, and whose business depends on regulatory favors she has made a practice of doling out to allies. As the new editor in chief of Fox News, the owners install Tim Miller, a skeptic of conservatism who has never previously worked in television news.
La Repubblica and other media outlets belonging to the GEDI group, such as the Italian edition of the Huffington Post and three radio stations (M20, Deejay, and Capital), could end up in the hands of the Antenna group, headed by Greek businessman Theodore Kyriakou, a conservative and ally of U.S. President Donald Trump. Kyriakou is also a partner in Greece of Saudi Crown Prince Mohammed bin Salman, whose PIF fund holds a 30% stake in Antenna Greece BV.
As such, the Washington Post announced this week that it's launching an AI-based podcast service that allows listeners to pick their own format and even their own disembodied AI host. The "Your Personal Podcast" is now available to users on the newspaper's mobile app as of today - but whether anybody will pick up on the company's offer to be inundated with potentially misinformed AI slop remains to be seen.
As the dust settles from the battle for the ownership of the Daily Telegraph, one man has been left standing: Lord Rothermere, whose family have been a mainstay of British newspapers for more than a century. This is a very British stitch-up, said Lionel Barber, the former editor of the Financial Times. Lord Rothermere has played a very astute poker hand, he's shown patience and he's the big winner.
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
Here's another that aired Sunday night: correspondent Bill Whitaker reported on Trump's battles with elite universities over accusations of liberal bias and antisemitism. He has threatened to cut their federal funding for research. If Trump were to follow through on more of those threats, it could jeopardize research into potentially life-saving advances in medicine and severely limit scientific progress. Harvard scientist Don Ingber told Whitaker, "We are truly putting the brakes on scientific innovation in this country at a time when our ostensible adversary, China, is going faster and faster and faster."
The boss of the US private equity group bidding for the Daily Telegraph has been reported to the UK government for potentially breaching rules protecting the newspaper's editorial independence, after allegedly threatening to go to war with the title's newsroom. The Guardian understands that the independent directors of Telegraph Media Group (TMG) have alerted the Department for Culture, Media and Sport (DCMS) about supposed comments made by RedBird Capital's Gerry Cardinale to the Telegraph's editor, Chris Evans.
1. Journalism that reports on the world as it actually is. 2. Journalism that is fair, fearless, and factual. 3. Journalism that respects our audience enough to tell the truth plainly - wherever it leads. 4. Journalism that makes sense of a noisy, confusing world. 5. Journalism that explains things clearly, without pretension or jargon. 6. Journalism that holds both American political parties to equal scrutiny. 7. Journalism that embraces a wide spectrum of views and voices so that the audience can contend with the best arguments on all sides of a debate.
Lynn Forester de Rothschild is preparing to sell her 20 per cent interest in The Economist, paving the way for the most significant change in the 182-year-old publication's ownership since 2015. The British-American financier, 71, has appointed investment bank Lazard to oversee the process, which remains at an early stage. The stake, made up of voting shares, could fetch as much as £400 million based on current valuations of the premium media group.