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Sale of the Telegraph: Seeking a trophy hunter

9 June 2023
Access report

On behalf of Lloyds Banking Group, AlixPartners seized the press assets of the Barclay family to recover debts, threatening to sell the Telegraph Media Group and the Spectator in a range of £500 to £600 million.

The least likely scenario is for AlixPartners to select another national news group as the buyer of the Telegraph, due to barriers to clearance from public interest considerations and possibly also at the Competition and Markets Authority (CMA).

If AlixPartners considers that UK trade buyers are unlikely to be considered suitable buyers for the Telegraph, then the range of buyers reduces to non-UK trade buyers or wealthy individuals seeking a trophy asset.

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  • Media and Telecoms 2023 & Beyond Conference: Session Four

    26 May 2023

    On 18 May 2023, Enders Analysis co-hosted the annual Media and Telecoms 2023 & Beyond Conference with Deloitte, sponsored by Barclays, Financial Times, and Salesforce.

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  • Mail scoops Telegraph print advertising: Telegraph outsourcing focuses business on reader-first

    25 March 2021

    The Telegraph’s carefully executed outsourcing of print advertising sales to Mail Metro Media fine-tunes its subscriber-first strategy.

    Consolidation and collaboration are inevitable in a highly-competitive, structurally-shrinking news industry.                           

    Reader-first models have emerged as the consistent theme for quality publishers, but the trade-offs, investment approaches and executions are highly differentiated.

    Access report

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    1 December 2021

    DMGT prepares to end its tenure as a plc, as the Rothermere family finalise a takeprivate offer of £2.9 billion (c. 18.8x EBITDA) and make a swathe of new appointments as it seeks to reconfigure the business

    The Daily Mail newspaper is the crown jewel in the company’s assets, as the wider portfolio has recentred around consumer media

    The road ahead is still foggy, with a rickety bridge between its print and online brands—a strategic risk for DMGT, yet also a key opportunity in UK media

     

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