Barclay brothers believed to be testing potential City interest in newspaper groupThe chief executive of the publisher of the Daily Telegraph and Sunday Telegraph has launched an extensive strategic review of the newspaper group.
Murdoch MacLennan,the chief executive of parent company Telegraph Media Group, announced the review in a letter which staff believed amounted to the first official confirmation of a forthcoming sale of the titles. Others see it as a precursor to a round of layoffs as the Telegraph, or like its rivals,struggles to manage with a precipitous decline in print advertising and a difficult transition to a sustainable digital model. Related: Staff scare Barclay Brothers are about to sell off Telegraph newspapers Continue reading...
Source: theguardian.com