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Daily Telegraph for sale

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geoffk

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It's being reported on TV and in the papers that The Daily Telegraph is to be put up for sale after Lloyds Banking Group took control of the parent firm over unpaid loans and placed it in the hands of receivers.

It was interesting to listen to former Telegraph journalist Sonia Purnell on BBC2 Newsnight yesterday, 8th June. She worked for it in the 90s and said she sometimes barely recognises the paper she knew then. There was a “firm and solid wall” between comment and news but now they are merging into each other and the comment has become more extreme. 'It’s not the trustworthy organ it once used to be’ she said, and wondered if any potential new owner of the newspaper would seek to change its ‘obsession with woke blobs.’

The big question is, who's going to buy it (and the Sunday Telegraph)? The lack of distinction between news and comment is of course a major characteristic of the tabloids. It would be good to have another “serious” paper, even one with a right-of-centre editorial, rather than one which resembles the Sun and Daily Mail but with a few more long words!

 
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richa2002

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I am truly shocked that Newsnight would invite someone on to say such a thing as that :lol:

Who even watches/read mainstream media these days? Let alone take it seriously. They're all utterly discredited and untrustworthy as particularly demonstrated over the past 3 years.
 

birchesgreen

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Wasn't the Telegraph the one that published an opinion piece with the title "Go woke go broke"? :lol:
 

Thirteen

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I assume it's Telegraph Media Group that's being sold rather than individual titles.
 

SargeNpton

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Various companies that are ultimately owned by members of the Barclay family seem to be having money troubles. Not helped by having to pay for all the expensive lawyers as the different branches of the family sue each other for a number of reasons.

Following that saga in Private Eye over the last couple of years has been akin to reading a real-life version of "Jarndyce and Jarndyce" by Charles Dickens.
 

Mcr Warrior

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I'll refrain from making a Sark-y comment :D
My local newsagent has "The Daily Telegraph" for sale (most days). Usually it's £3-00.

Wonder whether the business itself will be sold for less than that? (Maybe just a token £1-00 consideration).
 

Cloud Strife

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Yet more evidence that adopting US-style "WOKE WOKE WOKE" hysteria simply doesn't pay the bills.
 

DarloRich

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shame - hope it is bought by a non partisan person devoted to reporting facts. It wont be though, We all know that.
 

Broucek

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Sadly, the blurring between reporting and editorial seems to be blurring right across the news media
 

JamesT

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Yet more evidence that adopting US-style "WOKE WOKE WOKE" hysteria simply doesn't pay the bills.
Not sure there's any particular evidence for that. It's the owning group that has the debts.

Unfortunately various newspapers including the Telegraph stopped publishing their circulation figures around 2020, so we can't see if there's been any particular dropoff in readership.
 

gswindale

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Maybe Boris might pick it up? He needs something to do unless he's planning on becoming a stay at home father?
 

duncanp

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Maybe Boris might pick it up? He needs something to do unless he's planning on becoming a stay at home father?

At least Boris hasn't been arrested, unlike another former party leader I could mention.
 

DarloRich

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I would not be surprised to see the Torygraph bought by one of the people behind GBeebies
At least Boris hasn't been arrested, unlike another former party leader I could mention.
we can but hope.


Good to see Max Hastings out and about laying into the awful Johnson. As an editor of the Torygraph who employed Johnson he should know what he is like!
 
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