Telegraph takeover: UK planning new laws to prevent foreign states owning assets

New legislation could thwart planned £600m purchase of media group by UAE-backed consortiumThe UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the Telegraph to a United Arab Emirates-backed consortium.RedBird IMI – a partnership between a fund backed by the UAE’s vice-president, Sheikh Mansour bin Zayed Al Nahyan, and a privately owned US investment firm – is seeking to acquire one of the UK’s most influential newspaper groups. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-03-13 15:52:35 UTC ]
News tagged with: #telegraph takeover #uk planning #introduce legislation #media group #news magazines #significant move #redbird imi #fund backed #investment firm #privately owned

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David Shelley To Lead Hachette in Both the UK and USA

In a move to bring the US and UK Hachette divisions closer, London's David Shelley is becoming CEO of both units. The post David Shelley To Lead Hachette in Both the UK and USA appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-15 21:10:53 UTC ]
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Hachette Book Group, Hachette UK to Move Under United Management Team

Under what it calls a "new English-language management structure," Hachette Livre has named Hachette UK CEO David Shelley head of both Hachette Book Group and HUK, while current HBG CEO Michael Pietsch will retire as CEO and serve as chairman of the new group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-14 05:00:00 UTC ]
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Booksellers, Publishers Urge Appeals Court to Uphold Block on Texas Book Rating Law

Attorneys for a group of booksellers and publishing industry associations argue that a district court in Texas correctly enjoined HB 900, and that the injunction should be allowed to stand. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-14 05:00:00 UTC ]
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At Guadalajara Book Fair: Guest of Honor EU Plans a Professional Program

The Guest of Honor EU program at Guadalajara includes a three-day program for European, Latin American, and Caribbean professionals. The post At Guadalajara Book Fair: Guest of Honor EU Plans a Professional Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-09 21:45:06 UTC ]
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In Appeal Brief, Texas Defends Controversial Book Rating Law

In a 62-page filing, state attorneys say a district court judge made "substantive errors" in ordering HB 900 blocked, and urged the Fifth Circuit to overturn the order and dismiss the case. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-01 04:00:00 UTC ]
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UK: London Book Fair Names Its 2024 ‘Authors of the Day’

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[ Publishing Perspectives | 2023-10-30 14:04:10 UTC ]
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Frankfurt: 2024 Guest of Honor Italy Presents Plans

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[ Publishing Perspectives | 2023-10-19 15:10:39 UTC ]
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Why own a newspaper in 2023? Ask the very rich men trying to buy the Telegraph | Jane Martinson

With debts of £1bn, this isn’t some ordinary financial asset. The desire to own the papers says more about power than profitSo much has changed in the generation since the Telegraph newspapers and the Spectator magazine were last put up for sale in 2004, including how much money they make. Yet... Continue reading at The Guardian

[ The Guardian | 2023-10-19 11:00:20 UTC ]
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Frankfurt-Bound Nermin Mollaoğlu Opens a Press in the UK

Istanbul's accomplished literary agent Nermin Mollaoğlu is opening a new press in London with Tasja Dorkofikis and Geraldine D'Amico. The post Frankfurt-Bound Nermin Mollaoğlu Opens a Press in the UK appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-10-12 20:29:08 UTC ]
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DK Restructures, Plans To Expand Adult Publishing

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[ Publishers Weekly | 2023-10-10 04:00:00 UTC ]
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Hachette UK Up on TikTok Shop

Hachette UK has joined TikTok Shop. The group will offer "a specially curated selection" of some of the titles have been most popular with the online community. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-10 04:00:00 UTC ]
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Hardie Grant Sells U.K. Division to PRH UK

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[ Publishers Weekly | 2023-10-06 04:00:00 UTC ]
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Appeals Court Lets Texas Book Rating Law Take Effect, Orders Expedited Hearing

The Fifth Circuit ordered an administrative stay to remain in place while an "expedited" appeals process plays out, effectively allowing Texas to enforce HB 900, the state's controversial book rating law, despite a district court finding it to be “a web of unconstitutionally vague requirements." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-06 04:00:00 UTC ]
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Spotify CEO Daniel Ek explains the company’s new audiobook subscription plan

Ek blames Apple for holding back his company’s first foray into audiobooks and confirms his company is in talks with Google about in-app purchases. Spotify is doubling down on audiobooks: Paying subscribers of the music service will now have access to up to 15 hours of audiobook listening as... Continue reading at Fast Company

[ Fast Company | 2023-10-03 16:30:00 UTC ]
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Schedule Set, but Order Blocking Texas Book Rating Law Still in Limbo

In an October 2 filing, the plaintiffs argued that staying a federal judge's decision to enjoin HB 900 would "radically upend the status quo” and leave booksellers in a precarious position. But that is exactly where things stand, as an administrative stay issued by the Fifth Circuit effectively... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-03 04:00:00 UTC ]
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‘Insulting’: Beano fans pour scorn on UK government advert

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[ The Guardian | 2023-09-26 12:59:20 UTC ]
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Appeals Court Temporarily Stays Injunction Blocking Texas Book Rating Law

The temporary hold, which is not based on the merits of the case, puts Judge Alan D. Albright's preliminary injunction on ice while the Fifth Circuit considers the state's bid to stay the injunction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-26 04:00:00 UTC ]
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The State of the Printing Industry

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[ Publishers Weekly | 2023-09-22 04:00:00 UTC ]
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Warner Bros studios in Leavesden to expand, creating 4,000 UK jobs

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[ The Guardian | 2023-09-21 21:30:09 UTC ]
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In a Blistering Opinion, Judge Officially Blocks Texas’ Book Rating Law

After nearly three weeks of waiting, federal judge Alan D. Albright delivered a 59-page written opinion holding that the controversial Texas law "misses the mark" by imposing a web of "unconstitutionally vague" requirements. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-19 04:00:00 UTC ]
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