Measure allows communication vehicles to receive important investments; According to the government, low percentage guarantees plurality of the British media
The UK government announced on Thursday (15.MAI.2025) that it will allow state investment funds to control up to 15% of local newspapers.
The measure aims to allow communication companies to have access to investments, according to the Secretary of Culture, Lisa Nandy. The low percentage allowed, however, “Protects plurality”From the British media.
“These important reforms of modernization come to protect the plurality of the media and reflect the change in the way the public consumes news. We are fully guaranteeing the protection of our foreign state control press, while we recognize that communication companies need to raise vital funds”, Nandy.
The British government said it will expand its powers on media companies investigations to ensure that news sites and magazines are included.
The new determination will also allow the resolution about the control of the The Telegraphone of the main news vehicles of the UK.
The conservative party, whose leader is former prime minister Rishi Sunak, had banned foreign state participation in British media vehicles in 2024. This prevented the Redbird group, controlled by the former president of CNN Jeff Zucker and whose majority of the investment comes from Abu Dhabi, command the Telegraph.
The Redbird group had taken control of the Telegraph in 2023, after the controlling company of the British newspaper, the B.UKdecide to sell it to pay in the house of 1.2 billion euros.
In the elections for the 2024 British Parliament, the Conservative Sunak Party by the center-left labor party, which won 410 of the 650 chairs. With this, it exceeded the absolute majority of 326 seats necessary to indicate the Prime Minister. 61, labor leader, assumed the position of Premier.
Before that, however, the Redbird group was forced to sell the Telegraph. A magazine The Spectatorwhich is part of the list of media vehicles of the Telegraph Media Groupit was sold, but the British newspaper has not yet found a buyer.
