LONDON: British right-wing newspaper The Telegraph has agreed a deal that would see it purchased by US investment group RedBird Capital Partners for £500 million ($670 million), the pair announced Friday.
RedBird has struck an “in-principle agreement” to purchase The Telegraph Media Group (TMG), which comprises the 170-year-old paper’s print and online operations, a joint statement said.
It concludes a protracted sale lasting around two years, which has involved an intervention by the previous Conservative government.
US-Emirati consortium RedBird IMI had already struck a deal for TMG in late 2023.
RedBird Capital Partners on Friday said the agreement struck with TMG makes it “the sole control owner” and “unlocks a new era of growth for the title” founded in 1855.
“RedBird’s growth strategy will include capital investment in digital operations, subscriptions and journalism as it looks to expand The Telegraph internationally.”
The US group added it is in “discussions with select UK-based minority investors with print media expertise and strong commitment to upholding the editorial values of The Telegraph.”
UK newspaper The Telegraph set for US ownership
https://arab.news/gmj33
UK newspaper The Telegraph set for US ownership
BBC slammed for ‘shameful’ cut to ‘free Palestine’ comment at BAFTA Awards
- Broadcaster removes from broadcast part of filmmaker Akinola Davies Jr.’s acceptance speech at the British Academy Film Awards
- Amnesty UK praises filmmaker for speaking up for those ‘facing and fleeing from persecution and mass atrocities’
LONDON: The BBC was accused on Monday of a “shameful” decision after it cut part of an acceptance speech at the previous night’s British Academy Film Awards in which a filmmaker uttered the phrase “free Palestine.”
British-Nigerian director and co-writer Akinola Davies Jr. and his brother, co-writer Wale Davies were collecting the award for outstanding debut by a British writer, director or producer for their film “My Father’s Shadow” when the former made the comment.
The BBC chose not to include the final part of his speech when it broadcast the BAFTAs ceremony later in the evening. However, the corporation did broadcast an inadvertent racist slur shouted by a person with Tourette syndrome while Black actors Michael B. Jordan and Delroy Lindo were presenting an award.
Akinola thanked industry figures and family for their support as he accepted the award, before dedicating it to “all those whose parents migrated to obtain a better life for their children.”
In the final part of his speech, cut by the BBC, he said: “To the economic migrant, the conflict migrant, those under occupation, dictatorship, persecution and those experiencing genocide, you matter and your stories matter more than ever.
“Your dreams are an act of resistance. To those watching at home, archive your loved ones, archive your stories yesterday, today and forever. For Nigeria, for London, Congo, Sudan, free Palestine. Thank you.”
The BBC, which broadcast the ceremony with a two-hour time delay, said the cut was made for timing reasons.
A spokesperson told Deadline: “The live event is three hours, and it has to be reduced to two hours for its on-air slot. The same happened to other speeches made during the night, and all edits were made to ensure the program was delivered to time. All winners’ speeches will be available to watch via BAFTA’s YouTube Channel.”
Human rights campaign group Amnesty UK described the decision by the BBC to cut part of the speech as “shameful.”
It added: “Thank you Akinola Davies Jr. for using your platform to speak out for the rights of migrants and people facing and fleeing from persecution and mass atrocities, from the Congo to Sudan to Palestine.”
In June last year, the BBC was at the center of a row after it broadcast a Glastonbury Festival performance by the duo Bob Vylan, during which the lead singer chanted “death to the IDF” in protest against the Israeli Defense Forces’ assault on Gaza.
