UK government ‘minded to intervene’ in Paramount’s takeover of Warner Bros Discovery – business live

Lisa Nandy, Secretary of State for Culture, cites need for sufficient plurality of views in news media

Full story: UK ‘minded to’ intervene in Paramount’s $110bn takeover of Warner Bros Discovery

Newsflash: European media group Axel Springer has completed its takeover of the Telegraph in a £575m deal, after winning all the necessary regulatory approvals.

Axel Springer CEO Mathias Döpfner says:

”Today is a day we have worked towards for a long time, and one we will always remember.

Axel Springer was founded in 1946 under a British press license, and The Telegraph was our North Star. Axel Springer and The Telegraph share strong commitments to freedom, values, a tradition of embracing and pioneering technological change, and an entrepreneurial will to actively shape the future.