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SCOOP: Sources tell @FoxBusiness that Jeff Shell of @RedBirdCap and Bob Bakish of @paramountco actually met face-to-face at a pre-Super Bowl lunch as the two sides were negotiating a deal to buy the troubled media company and were seen discussing business during the soiree hosted…
UAE-backed bid for Telegraph group ‘dead in water’ after new legislation https://t.co/A0YyV9zvgw
A fabulous account of Jeff Zucker's attempted takeover of Britain's @Telegraph & @spectator in which the brilliant @MichaelWolffNYC manages astute references to *both* #Trollope & Madison Ave.'s Viand Coffee Shop (unnamed). https://t.co/EFTZFHdq6y
Culture Secretary Lucy Frazer is set to order a new probe into the sale of the Daily Telegraph. The media industry is abuzz with failed bids and renewed pursuits for the Telegraph takeover, with key players like Jeff Zucker and Shari Redstone involved. National World and National Amusements express interest in the acquisition, while a UAE-backed bid faces challenges due to new legislation. Paramount's bid for the Telegraph is scrutinized, with concerns raised about its valuation and potential risks associated with the deal.