• RedBird Capital Partners has acquired The Telegraph newspaper group for £500 million, ending two years of ownership uncertainty.
• The US firm plans major investments to boost the publication’s digital growth and expand its global reach, especially in the US.

A New Chapter Begins for The Telegraph

In a landmark move for British media, US-based private equity firm RedBird Capital Partners has clinched a £500 million deal to acquire the iconic Telegraph newspaper group. The agreement concludes two years of ownership uncertainty, ushering in a fresh strategic era for the 170-year-old news brand.

The acquisition is more than a simple ownership change — it signals a renewed confidence in UK print and digital journalism, especially as RedBird takes direct control following previous complications with its Abu Dhabi-backed vehicle, RedBird IMI. The UK government had stepped in to block that deal, citing concerns over foreign state ownership of major British media outlets. This prompted the introduction of new legislation to guard against such takeovers.

RedBird’s Commitment to British Media

Gerry Cardinale, RedBird’s founder and managing partner, highlighted the company’s dedication to building its UK media and entertainment portfolio. British media investors are also expected to join the consortium, reinforcing the deal’s domestic alignment.

Anna Jones, CEO of Telegraph Media Group, expressed enthusiasm about the transition, calling RedBird’s growth vision a “significant opportunity” to unlock the full potential of the business.

What’s Next for the Telegraph?

RedBird has pledged substantial investment into the Telegraph’s digital infrastructure, subscriptions, and journalism — with a sharp focus on expanding its international footprint, especially in the United States. The plan is to grow its subscriber base and cement its reputation as a globally recognized news outlet.

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This acquisition ends the bid by Dovid Efune, owner of The New York Sun, who had also been in talks to buy the paper but failed to raise the necessary funds.

A Bold Bet on the Future of News

RedBird’s £500 million acquisition of The Telegraph is not just a rescue mission — it’s a declaration of intent. With deep pockets and bold digital ambitions, RedBird is positioning the Telegraph for a global reboot. For a brand steeped in history, the future just got a lot more interesting.