Newspaper Press: Ownership
(asked on 29th January 2025) - View Source
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Culture, Media and Sport, if she will take steps to ban the ownership of UK newspapers by foreign states.
Answered by
Stephanie Peacock
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
This question was answered on 6th February 2025
On 24 May 2024, new legislation came into effect which prevents newspaper and news magazine mergers resulting in any ownership, influence, or control by foreign states. This change was introduced by the Digital Markets, Competition and Consumer (DMCC) Act 2024, which added new powers to the Enterprise Act 2002.