Owner of Daily Telegraph faces bankruptcy

[Harlequin]

Telegraph parent company faces being put into administration

Speculation revived about ownership of media group as talks with Lloyds over £65m loans break down

www.theguardian.com

Will the newspaper fold

 

[Harlequin]

Telegraph Media Group set to be put up for sale

Lloyds is looking to recover debts owed by the network of companies controlled by the Barclay family.

www.bbc.co.uk

 

[Diddums x]

I'm guessing the Telegraph's article on the matter is behind a paywall?

 

[Blackjack Davy]

Will the newspaper fold

The brothers defaulted on their loans so their assets including the newspaper have been repossesed its profitable so it'll be sold on

 

[jpaul]

article yesterday said proposed divorce settlement of one of the brothers/owners was contributory - 100M+ , do those asset values get re-evaluated as a result of this if they are sold for a £1 say.

 

[VincentHanna]

Ah so this is what happens when you become a mouthpiece for a terrible government.

 

[Semple]

Telegraph parent company faces being put into administration

Speculation revived about ownership of media group as talks with Lloyds over £65m loans break down

www.theguardian.com

Will the newspaper fold

Not when it seems someone's willing to pay half a billion for it.

I've no idea how much the Barclays family owes, something I'd read initially said it was a few hundred million, and Lloyd's were concerned they wouldn't be able to secure full repayment. But if three of their media titles are expected to fetch 500m each, then I'm not sure why they wouldn't be able to secure a full payment.

Would be nice to see a billionaire family go bankrupt - although I suspect most of the assets have been transferred to the children and are out of reach.

 

[D.P.]

I'm guessing the Telegraph's article on the matter is behind a paywall?

It also blames immigrants and remoaners

 

[randal]

I'm guessing the Telegraph's article on the matter is behind a paywall?

12ft

 

[Freakbro]

How sad....

Nevermind

 

[JRS]

 

[GGizmo]

I think all the legacy media are struggling these days.

Instead of maintaining their legacy standards they all chose to get down and dirty trying to compete against the 24/7 Internet news.

But they end up either pricing themselves out of the market, or the opposite of spreading themselves to thin.

 

[Yaayuh!]

Oh no, not the Torygraph.

 

[jpaul]

Instead of maintaining their legacy standards they all chose to get down and dirty trying to compete against the 24/7 Internet news.

the 'internet news' doesn't come from the ether, much is accredited analysis from blue-tick holding sources,
if you had purely tweets from inhabitants on the ground in UKraine I think we'd have difficulty to synthesize what is going on.

 

[adidan]

 

[Quartz]

I read somewhere - Guido Fawkes, perhaps - that the Spectator is profitable but the Telegraph is not. I wonder if Sunak's father-in-law might buy it?

 

[Mrwong]

12ft

No such thing as paywall two clicks and its gone.

 

[StriderX]

Wouldn't it just be so British if some American/Indian/Saudi/Qatari/Russian/Chinese/whatever billionaire bought it?

Yes.

 

[Hagar]

I think all the legacy media are struggling these days.

Instead of maintaining their legacy standards they all chose to get down and dirty trying to compete against the 24/7 Internet news.

But they end up either pricing themselves out of the market, or the opposite of spreading themselves to thin.

Unless they have the initials BBC

 

[mattyfez]

No such thing as paywall two clicks and its gone.

Doesn't seem to work for the independent... Just says request timed out.
Although I suspect they upgraded their website recently as you could just hit F5 to get around the ad blocker/paywall pop ups before ?