Friday, November 29, 2019

Daily Mail owner buys the i newspaper for £49.6m

DMGT will integrate some operations but appears to rule out editorial job cuts

The owner of the Daily Mail has bought the i newspaper and website for £49.6m as a new wave of media consolidation hits the UK national and regional newspaper market.

Daily Mail and General Trust (DMGT), which also owns the Mail on Sunday and Mail Online, had been the frontrunner to seal a deal after entering exclusive talks with the i’s parent, JPI Media, in September.

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from Mergers and acquisitions | The Guardian https://ift.tt/2Dyx38p

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