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Top related persons:
Jeff Zucker’s - 2 “ - 1 Sheikh Mansour bin Zayed al Nahyan - 1 Zucker - 1 Zucker’s - 1 Rupert Murdoch - 1 Lord Rothermere - 1 Murdoch - 1
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Abu Dhabi United Arab Emirates Westminster
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The - 2 The Spectator - 2 London’s Daily Telegraph - 1 Mr - 1 RedBird IMI - 1 The Telegraph - 1 IMI - 1 RedBird - 1

Search resuls for: "Jeff Zucker’s"


2 mentions found


☆ Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play
  + stars: | 2024-04-30 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com   time to read: +1 min
Jeff Zucker’s bid for Tory titan-hood has come to an end. The media executive on Tuesday formally abandoned his attempt to take the reins of London’s Daily Telegraph, bailing out after British political and news leaders balked at Mr. Zucker’s reliance on Emirati financiers to bankroll the effort. Mr. Zucker’s venture company, RedBird IMI, had sought government approval to complete a debt-for-equity deal that would hand it control of The Telegraph and its sister magazine, The Spectator. Because of the withdrawal, other prospective owners may now attempt to purchase the publications. “Our ownership would have seen the strongest editorial protections ever put forward for a U.K. newspaper, along with much-needed investment,” a RedBird IMI spokesperson said in a statement.
Persons: Jeff Zucker’s, “, Sheikh Mansour bin Zayed al Nahyan Organizations: London’s Daily Telegraph, Mr, RedBird IMI, The Telegraph, The, IMI, The Spectator, RedBird, Media Investments, United Locations: Abu Dhabi, United Arab Emirates
☆ U.K. Opens Inquiry Into Jeff Zucker’s Emirati-Backed Bid for The Telegraph
  + stars: | 2023-11-30 | by ( Michael M. Grynbaum | ) www.nytimes.com   time to read: +1 min
Jeff Zucker’s re-entry into the global news business has hit a snag. The announcement capped a week of growing outcry in Westminster over Mr. Zucker’s use of roughly $1 billion in Emirati money to acquire the news organizations, which are hugely influential in British conservative politics. Tories lined up to denounce the proposed deal, warning that the Emiratis’ involvement could lead to undue foreign influence over The Telegraph’s coverage. The review, announced by Britain’s culture secretary, does not necessarily end Mr. Zucker’s chance of success. Since then, Conservative Party eminences have lined up to denounce his bid — often in essays published by newspapers controlled by Mr. Zucker’s rivals — and Tory members of Parliament urged regulators to consider the constraints on press freedoms in the Middle East.
Persons: Jeff Zucker’s, Zucker, Zucker’s, Rupert Murdoch, Lord Rothermere, Murdoch, — Organizations: CNN, The Daily Telegraph, The Spectator, Tories, The Daily, The, Conservative Party Locations: Westminster
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