Jeff Zucker and Gerry Cardinale’s RedBird Imi, the new Abu Dhabi-backed owner of All3Media, has pulled out of its deal to buy the UK’s Daily Telegraph following press freedom concerns.
RedBird Imi will now have to effectively sell the Telegraph as it had already taken control of the British paper plus Spectator Magazine in December when it repaid owner the Barclay family’s debts, including a £600M ($753M) loan against the titles.
“RedBird Imi has today confirmed that it intends to withdraw from its proposed acquisition of the Telegraph Media Group and proceed with a sale,” a RedBird Imi spokesperson told Reuters. “We have held constructive conversations with the government about ensuring a smooth and orderly sale for both titles.”
The move comes months after RedBird Imi was prevented from bringing the deal home due to regulatory roadblocks amid concern at the upper echelons of UK government around press freedom.
RedBird Imi will now have to effectively sell the Telegraph as it had already taken control of the British paper plus Spectator Magazine in December when it repaid owner the Barclay family’s debts, including a £600M ($753M) loan against the titles.
“RedBird Imi has today confirmed that it intends to withdraw from its proposed acquisition of the Telegraph Media Group and proceed with a sale,” a RedBird Imi spokesperson told Reuters. “We have held constructive conversations with the government about ensuring a smooth and orderly sale for both titles.”
The move comes months after RedBird Imi was prevented from bringing the deal home due to regulatory roadblocks amid concern at the upper echelons of UK government around press freedom.
- 4/30/2024
- by Max Goldbart
- Deadline Film + TV
Jeff Zucker did not hold back today in taking on some of Britain’s biggest media stalwarts as RedBird Imi pushes on with its bid to buy The Telegraph and Spectator publications.
Speaking to The News Agents podcast, the former CNN boss hit out at Andrew Neil, chair of The Spectator, and Paul Marshall, co-owner of right-leaning news network Gb News, who has made a rival bid for The Tele.
Zucker blasted Gb News founder Neil as “quite the hypocrite” after alleging that Neil had been interested in becoming chair of a combined Editorial Trust Board for The Telegraph and Spectator, which RedBird Imi turned down.
“And ever since that day, he’s been one of our most vocal critics,” Zucker said. “And I think that says all you need to know about Andrew Neil. And since I am sure that he’s going to deny this and pretend that didn’t happen,...
Speaking to The News Agents podcast, the former CNN boss hit out at Andrew Neil, chair of The Spectator, and Paul Marshall, co-owner of right-leaning news network Gb News, who has made a rival bid for The Tele.
Zucker blasted Gb News founder Neil as “quite the hypocrite” after alleging that Neil had been interested in becoming chair of a combined Editorial Trust Board for The Telegraph and Spectator, which RedBird Imi turned down.
“And ever since that day, he’s been one of our most vocal critics,” Zucker said. “And I think that says all you need to know about Andrew Neil. And since I am sure that he’s going to deny this and pretend that didn’t happen,...
- 3/8/2024
- by Max Goldbart
- Deadline Film + TV
Like it or loath it, Gb News is a trailblazer.
The news station, backed by Brexit-supporting billionaire Paul Marshall, crash-landed on British screens in June 2021, but overcame tech and studio fails to establish itself as a genuine force, with a loyal following of around 3M viewers a month and an ability to set the agenda — if not always for the right reasons.
The channel provoked Rupert Murdoch into launching TalkTV and forced Sky News, the established commercial leader, into a major rethink of its schedule. Gb News is now the channel of choice for over half of Tory party members, the people who picked Britain’s prime minister in 2022. Former Pm Boris Johnson will join its presenting ranks as early as this month, Deadline hears.
In securing this foothold, Gb News’ brand of opinionated broadcasting has begun to reinvent the idea of a news channel in the UK. It has...
The news station, backed by Brexit-supporting billionaire Paul Marshall, crash-landed on British screens in June 2021, but overcame tech and studio fails to establish itself as a genuine force, with a loyal following of around 3M viewers a month and an ability to set the agenda — if not always for the right reasons.
The channel provoked Rupert Murdoch into launching TalkTV and forced Sky News, the established commercial leader, into a major rethink of its schedule. Gb News is now the channel of choice for over half of Tory party members, the people who picked Britain’s prime minister in 2022. Former Pm Boris Johnson will join its presenting ranks as early as this month, Deadline hears.
In securing this foothold, Gb News’ brand of opinionated broadcasting has begun to reinvent the idea of a news channel in the UK. It has...
- 1/8/2024
- by Jake Kanter
- Deadline Film + TV
If executed well, twist endings can result in a fun experience. Having the rug pulled out from under you in a way that sheds new light on the entire film can make you instantly want to watch the rest of the film again. Whether it's "The Usual Suspects," "Fight Club," or "The Sixth Sense," the twist sends a blast of dopamine through your brain that leaves you walking out of the theater on a dizzying high.
Rarer are the twist endings that leave you utterly bereft and devastated, where that hit of dopamine is replaced by crushing defeat. Attempting this kind of ending can be enormously precarious, as you introduce the distinct possibility of completely alienating your audience. Sometimes that's the point, like in Michael Haneke's "Funny Games," but more often than not, you are looking to give the viewers an emotionally cathartic ending that is in keeping with the narrative.
Rarer are the twist endings that leave you utterly bereft and devastated, where that hit of dopamine is replaced by crushing defeat. Attempting this kind of ending can be enormously precarious, as you introduce the distinct possibility of completely alienating your audience. Sometimes that's the point, like in Michael Haneke's "Funny Games," but more often than not, you are looking to give the viewers an emotionally cathartic ending that is in keeping with the narrative.
- 12/13/2023
- by Mike Shutt
- Slash Film
Jeff Zucker, the former president of CNN and onetime CEO of NBCUniversal, is eying a push by right-leaning British newspaper The Daily Telegraph into the U.S. if his company’s bid to buy the title is successful.
An auction for the Telegraph Media Group, which includes magazine The Spectator, was halted this week when Zucker’s company RedBird Imi offered to clear the debts of the group’s previous owner, the Barclay family, totaling more than £1.1 billion ($1.38 billion), according to The Financial Times.
RedBird Imi is a joint venture between private-equity firm RedBird Capital, led by former Goldman Sachs partner Gerry Cardinale, and Abu Dhabi’s International Media Investments, a private investment fund run by Mansour bin Zayed al Nahyan.
Other bidders for The Telegraph include Rupert Murdoch’s News U.K., owner of London newspapers The Times and The Sun; Lord Rothermere’s Dmgt, owner of London’s Daily Mail; and Paul Marshall,...
An auction for the Telegraph Media Group, which includes magazine The Spectator, was halted this week when Zucker’s company RedBird Imi offered to clear the debts of the group’s previous owner, the Barclay family, totaling more than £1.1 billion ($1.38 billion), according to The Financial Times.
RedBird Imi is a joint venture between private-equity firm RedBird Capital, led by former Goldman Sachs partner Gerry Cardinale, and Abu Dhabi’s International Media Investments, a private investment fund run by Mansour bin Zayed al Nahyan.
Other bidders for The Telegraph include Rupert Murdoch’s News U.K., owner of London newspapers The Times and The Sun; Lord Rothermere’s Dmgt, owner of London’s Daily Mail; and Paul Marshall,...
- 11/24/2023
- by Leo Barraclough
- Variety Film + TV
Good Afternoon International Insider team, Max Goldbart here with your mid-August dose of headlines, analysis and silly emojis. We’re taking a break next week but will be back with your favourite Friday lunchtime newsletter in a fortnight on September 2. For now, read on.
Johnny Depp’s Very International Comeback
Back in the director’s chair: Johnny Depp has had a decent fortnight. Last week, we revealed a first-look image of his eponymous role as King Louis Xv in Jeanne du Barry (his first film for three years) and this week focus pivoted to the director’s chair, where the once-disgraced star is due to return for the first time in a quarter of a century. Depp will sit behind the camera for Modigliani, a feature film about Italian artist Amedeo Modigliani. Al Pacino is on board as co-producer with Depp and Barry Navidi, sources confirmed to Deadline’s Zac Ntim,...
Johnny Depp’s Very International Comeback
Back in the director’s chair: Johnny Depp has had a decent fortnight. Last week, we revealed a first-look image of his eponymous role as King Louis Xv in Jeanne du Barry (his first film for three years) and this week focus pivoted to the director’s chair, where the once-disgraced star is due to return for the first time in a quarter of a century. Depp will sit behind the camera for Modigliani, a feature film about Italian artist Amedeo Modigliani. Al Pacino is on board as co-producer with Depp and Barry Navidi, sources confirmed to Deadline’s Zac Ntim,...
- 8/19/2022
- by Max Goldbart
- Deadline Film + TV
Beginning in the early 1960s, one of the main venues where audiences could watch underground films outside of New York City was the midnight movie screening series called Underground Cinema 12.
The origins of Underground Cinema 12 were related by one of its founders, Mike Getz, to the Alternative Projections historical project. Getz was the manager of the Cinema Theater in Hollywood, California when he was approached by John Fles, who had been holding alternative cinema screenings around Los Angeles, such as in the Jewish and Ukrainian cultural centers.
Fles had the idea to run a regular midnight movie screening series in an actual movie theater, which Getz quickly agreed to host. The Cinema Theater typically ran foreign films and independent cinema, so screening underground films at midnight seemed like a good match. Initially, the series was called Movies ‘Round Midnight and it premiered on Columbus Day 1963 with a screening of Jack Smith‘s Flaming Creatures,...
The origins of Underground Cinema 12 were related by one of its founders, Mike Getz, to the Alternative Projections historical project. Getz was the manager of the Cinema Theater in Hollywood, California when he was approached by John Fles, who had been holding alternative cinema screenings around Los Angeles, such as in the Jewish and Ukrainian cultural centers.
Fles had the idea to run a regular midnight movie screening series in an actual movie theater, which Getz quickly agreed to host. The Cinema Theater typically ran foreign films and independent cinema, so screening underground films at midnight seemed like a good match. Initially, the series was called Movies ‘Round Midnight and it premiered on Columbus Day 1963 with a screening of Jack Smith‘s Flaming Creatures,...
- 1/20/2019
- by Mike Everleth
- Underground Film Journal
Step aside, Eric Bana - there’s a new "Star Trek" villain in town: the British gent with the fabulous name and even more fabulous cheekbones, Benedict Cumberbatch.
Which "Star Trek" villain is Benedict Cumberbatch playing?
Cumberbatch’s casting in J.J. Abrams’ next "Trek" flick has turbocharged the 35-year-old actor’s ascent to superstardom, and with all of his current and upcoming high-profile film projects, he’s set to inherit Michael Fassbender’s title of It Movie Guy of the Year.
But if you’re not yet familiar with Mr. Cumberbatch’s work, here’s a brief introduction.
Who He Is
Benedict Cumberbatch started his career in the early 2000’s, appearing regularly on British TV. He played the son of current “House” doc Hugh Laurie in a 2003 series called “Fortysomething” and the following year starred in a biopic of Stephen Hawking. In recent years he’s appeared in such films as “Starter for 10,...
Which "Star Trek" villain is Benedict Cumberbatch playing?
Cumberbatch’s casting in J.J. Abrams’ next "Trek" flick has turbocharged the 35-year-old actor’s ascent to superstardom, and with all of his current and upcoming high-profile film projects, he’s set to inherit Michael Fassbender’s title of It Movie Guy of the Year.
But if you’re not yet familiar with Mr. Cumberbatch’s work, here’s a brief introduction.
Who He Is
Benedict Cumberbatch started his career in the early 2000’s, appearing regularly on British TV. He played the son of current “House” doc Hugh Laurie in a 2003 series called “Fortysomething” and the following year starred in a biopic of Stephen Hawking. In recent years he’s appeared in such films as “Starter for 10,...
- 1/5/2012
- by Tami Katzoff
- MTV Movies Blog
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.