Scoop: Lord Rothermere’s DMGT, the owner of the Daily Mail, has already expressed interest in buying the Telegraph (having been a minority partner). Lord Rothermere has long ambitions to bring together the two rightwing British newspapers.

RedBird has confirmed to the FT that it will "withdraw its bid", saying: "We remain fully confident that the Telegraph and its world-class team have a bright future ahead of them". Which is fairly magnanimous of them considering the coverage of RedBird by the Telegraph.

The telegraph has been for sale for three years on.ft.com/4oGV6Hu

The £500mn sale of the Telegraph to US private equity firm RedBird has collapsed, throwing the future of the newspaper into question as it enters its third year without an owner

Donald Trump has threatened to sue the BBC for at least $1bn over the edit of a speech at the heart of a crisis at the broadcaster, acc to a letter from his lawyers seen by the FT www.ft.com/content/758d...

EXC: ‘Cable cowboy’ John Malone is to step down from his media and telecoms empire today, in an era-ending step for the American pioneer. Malone will step down as chair of both Liberty Global and Liberty Media. With @danielthomasldn.bsky.social on.ft.com/430i2sn

Traffic to the largest UK site dropped 77% after the Online Safety Act was enforced this summer

Are weight loss drugs killing off the business lunch? @danielthomasldn.bsky.social and @emmavj.bsky.social rpt. www.ft.com/content/d1c5...

The boss of one of Britain’s biggest tech start-ups on the ethics of porn, the future of the content creator economy — and why the platform banned Bonnie Blue on.ft.com/4nzC8SB

Geoff Cooper, chair of electrical goods retailer AO, is being lined up as the new chair of UK broadcaster Channel 4, according to several people with knowledge of the situation. Full story on ft.com with @ashleyarmstrong.bsky.social www.ft.com/content/16bd...

Geoff Cooper, chair of electrical goods retailer AO, is being lined up as the new chair of UK broadcaster Channel 4. Cooper could be announced as early as Wednesday.

Newspaper group Reach has warned staff of further job losses after unveiling a "live news network" - seemingly a single breaking news team across all its titles, from the MEN to the Mirror. An internal note describes it as "radically reorganising [the] editorial structure".

Trump’s suit against Murdoch ruptures bond that shaped the US right https://on.ft.com/4lC9H5p

Advertisers flock to Fox seeking an 'audience of one’ — Donald Trump https://on.ft.com/3U9MaMY

This Disney ITV partnership is basically a demographic play... Disney exec tells the FT that he reckons more that 40% on ITVX are over 55 yrs old. Not ideal for ITV's future unless they can use these sorts of deals to bring in younger viewers www.ft.com/content/97a2...

Apple races to box office glory with Brad Pitt’s F1 blockbuster https://on.ft.com/44CCQWZ

Wise words from Mark Damazer about the importance of the BBC to the UK on.ft.com/3Tlb0cx The BBC’s constant cornucopia of trouble

BBC threatens legal action against AI start-up Perplexity over content scraping as the UK national broadcaster takes its first steps to defending its IP against US big tech www.ft.com/content/b743... scoop w/ @criddle.bsky.social

Super interesting move by Netflix - new in the FT - with landmark deal with France’s TF1 to show traditional linear TV www.ft.com/content/4dc9... via @ft. In UK terms, it would be like putting all of BBC1, 2, 3 and 4 and the entirety of iPlayer on the US streamer..

After 717 days, two law changes, one election, a major diplomatic crisis, and a revolving cast of Tory power brokers, Emirati ministers and Downing Street policymakers, the tortuous sale of the UK’s Telegraph newspaper may — finally — be drawing to a close. Here’s how: www.ft.com/content/aa9c...

Redbird, the US fund manager, set to announce a deal to enter exclusive talks with a fully funded bid for the Telegraph newspaper as early as today, bringing the two year saga to an end

EXC: BT’s involvement in TNT Sports is set to be no more… A deal to sell the company’s remaining 50% stake to Warner Bros is set to close as soon as next week, putting an end to the telecoms giant’s decade-long experiment in sports broadcasting. W/ @danielthomasldn.bsky.social on.ft.com/4mlkJws

Ministers preparing plans for a new statutory instrument as early as this week dictating how much a foreign state can own of a British newspaper, likely to be set at 15%. This is the 'Telegraph rule' in consultation since Abu Dhabi-backed RedBird IMI was blocked in its takeover last year.

Big wheels keep not turning. enterprise-sharing.ft.com/redeem/d8619...

Some British readers mixed on the merits of ‘Saturday Night Live’ in response to this morning's scoop: Sky in talks to bring the hit US series to the UK ft.com/content/354c...

New - Rachel Reeves tells the @FT that closer EU/UK trade ties "imperative" in wake of Trump trade war and claims that Britain is a safe haven for investors in the midst of the chaos. With @DanielThomasLDN www.ft.com/content/f51a...

Meet “Project Nectarine” - the UK's attempt to rival Florida as the home of the best theme park in the world. And ministers are hopeful that a deal can be done this month (in what will at least lighten the mood a little) www.ft.com/content/5eb3...

ALSO new: BBC abandons podcast ad plans showing how tough it will be for the national broadcaster to leave its license fee paying lane in forthcoming charter negotiations www.ft.com/content/d1e3...

New: Sky to cut 2,000 jobs as part of a digital customer services overhaul that will see three of its major call centres closed and investment instead in AI, chatbots and other tech services www.ft.com/content/96bc...

Journalism 🤝 AI latest www.ft.com/content/fc5d...

The Tate cuts dozens of jobs in race to break even ahead of a big year for its galleries.. 25th anniversary of Tate Modern - bringing back the spider - and new and improved buildings in Liverpool and St Ives. www.ft.com/content/3e29...

Will the new wave of UK artists manage to break the US?Universal's Lucian Grainge hopes for "the next cycle” of UK music, but others worry the UK is losing influence - w/ Lola Young, Sam Fender, Olivia Dean and other new kids on the block* *not New Kids On The Block www.ft.com/content/c38c...

The FT's new boss www.ft.com/content/63ca...

Fascinating 3 days at the Arc conference in London, described by well-heeled attendees variously as a “rightwing Davos” and a “mega church assembly”. The Christian right - god, kids, crypto and Trump - and net zero opponents literally taking centre stage in UK politics www.ft.com/content/7ff1...

He has done Lunch with the FT, Breakfast with the FT and now.. Kebabs with the FT: Piers Morgan talks about why he left the Murdochs (despite a "very generous offer” to stay), his friend Trump ("hilarious" chats) and why 'old' media is already dead www.ft.com/content/898b...

The West End is enjoying a theatre revival. Can Broadway keep up? https://www.ft.com/content/aadca358-75a4-47aa-ab7d-fe46608285df

NEW: Reform treasurer Nick Candy tells the FT other billionaires are waiting to join Elon Musk in backing the party to disrupt UK politics on.ft.com/3ZPiKq3

Chelsea’s Todd Boehly enters Telegraph newspaper auction https://www.ft.com/content/e9579e3c-7aeb-46cd-946b-384ca8271f7e

Hundreds of hours of painstaking work went into this, from journalists, editors, subs and lawyers. It is available for free in The Observer. For now. www.theguardian.com/business/202...