The Abu Dhabi-backed bidder for the Daily and Sunday Telegraph has said journalists will be given total editorial freedom.
The ownership of the papers was due to be transferred to the Gulf-backed RedBird IMI consortium.
But the government intervened over fears the papers might come under the control of an autocratic foreign state.
But the government intervened over fears the papers might come under the control of an autocratic foreign state.
An independent editorial trust board will further protect the Telegraph’s editorial independence, the former CNN executive added.
The bid is largely funded by Sheikh Mansour bin Zayed bin Sultan al-Nahyan – owner of Manchester City Football Club and vice-president and deputy prime minister of the United Arab Emirates (UAE).
Despite providing 75% of the money, Mr Zucker insists the UAE will remain a “passive investor”, with no influence over editorial decisions.
There have been grave concerns from MPs, many of the Telegraph’s current and former journalists, and its readership that the newspaper might fall under the control of an authoritarian foreign state.
But Mr Zucker, who will take over as chief executive of the Telegraph and Spectator if the deal gets the go-ahead, insisted his investment firm would be a responsible owner of the titles.
The Abu Dhabi-backed bidder for the Daily and Sunday Telegraph has said journalists will be given total editorial freedom.
But the government intervened over fears the papers might come under the control of an autocratic foreign state.
The ownership of the papers was due to be transferred to the Gulf-backed RedBird IMI consortium.
An independent editorial trust board will further protect the Telegraph’s editorial independence, the former CNN executive added.
But the government intervened over fears the papers might come under the control of an autocratic foreign state.
But the government intervened over fears the papers might come under the control of an autocratic foreign state.
An independent editorial trust board will further protect the Telegraph’s editorial independence, the former CNN executive added.
The bid is largely funded by Sheikh Mansour bin Zayed bin Sultan al-Nahyan – owner of Manchester City Football Club and vice-president and deputy prime minister of the United Arab Emirates (UAE).
Despite providing 75% of the money, Mr Zucker insists the UAE will remain a “passive investor”, with no influence over editorial decisions.
There have been grave concerns from MPs, many of the Telegraph’s current and former journalists, and its readership that the newspaper might fall under the control of an authoritarian foreign state.
But Mr Zucker, who will take over as chief executive of the Telegraph and Spectator if the deal gets the go-ahead, insisted his investment firm would be a responsible owner of the titles.
#Telegraph #takeover #Gulf #bidders #promise #press #freedom
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
