Daily Mail's 500m Telegraph takeover faces government investigation
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Daily Mail's 500m Telegraph takeover faces government investigation
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"The Culture Secretary has launched a formal probe into the proposed 500 million takeover of The Telegraph by the owner of the Daily Mail, a month after Lisa Nandy indicated she was "minded to intervene" on public interest grounds. On Thursday, she confirmed a public interest intervention into the deal, which would expand one of the UK's largest media groups. Ms Nandy expressed "concerns" over the deal's potential impact on the "plurality of views" in UK news media."
The Independent requests donations to fund journalists covering reproductive rights, climate change and Big Tech. The organization investigates financials like Elon Musk's pro‑Trump PAC and produces documentaries featuring American women fighting for reproductive rights. The publication avoids paywalls and aims to make journalism accessible to all, funded by those who can afford it. Donations enable sending reporters to speak to both sides of stories across the US political spectrum. UK Culture Secretary Lisa Nandy launched a formal probe into the proposed 500 million takeover of The Telegraph by Daily Mail and General Trust (DMGT). The Competition and Markets Authority and Ofcom will investigate public interest and media plurality implications.
Read at www.independent.co.uk
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