Telegraph Media Group: Proposed Sale to RedBird IMI Debate

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Department: Department for Digital, Culture, Media & Sport

Telegraph Media Group: Proposed Sale to RedBird IMI

John Whittingdale Excerpts
Tuesday 30th January 2024

(2 months, 4 weeks ago)

Commons Chamber
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Julia Lopez Portrait Julia Lopez
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As the hon. Gentleman will be aware, a public notice has been issued on this matter. Ofcom will look expressly at accurate presentation of the news and free expression of opinion when it makes its reports and judgments known. I hope that will give him some assurance about how the media considerations will be looked at, not just the competition aspects.

John Whittingdale Portrait Sir John Whittingdale (Maldon) (Con)
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I fully understand the limitations on what my hon. Friend can say. Having covered for her until a few weeks ago as media Minister, I was given no inside information about this matter, either. However, she will be aware that it is now over five years since the Ofcom report to the Secretary of State that said that the internet has transformed the way that news is provided and consumed, and that there will need to be a fundamental review of the media ownership regime. Does she agree with that, and can she say whether the Government will undertake that review?

Julia Lopez Portrait Julia Lopez
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I thank my right hon. Friend for his expert cover for me. We discussed that subject in our handover, when he told me that there was no information that he could share because he was assiduous in his role and made sure that he was not involved in areas that he should not be. He asked about future ownership questions. He will be aware that we are debating the Media Bill after this urgent question. We have looked at some issues in relation to media, in particular the changing media landscape and how the internet has changed it. That has not covered all the issues that will be raised by this acquisition, but I am sure that once that the Media Bill has completed all its stages, we will be able to look afresh at the other holes in the landscape.