( ) -v-37- UNDATED (Correspondent Jeremy House) “std.” The British government says it will back legislation banning foreign state ownership of British newspapers and magazines. Correspondent Jeremy House has more on the story. [CutID: <Cuts> UK-NEWSPAPERS-house-v-THUam.mp3 Time: 37s Title: UK-NEWSPAPERS-house-v-THUam Out-cue: std] ——————————— VERBATIM: The move could upend a planned takeover by a United Arab […]
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UK legislation would ban foreign state ownership of British newspapers
( ) -v-37- UNDATED (Correspondent Jeremy House) “std.”
The British government says it will back legislation banning foreign state ownership of British newspapers and magazines. Correspondent Jeremy House has more on the story.
[CutID: <Cuts> UK-NEWSPAPERS-house-v-THUam.mp3
Time: 37s
Title: UK-NEWSPAPERS-house-v-THUam
Out-cue: std]
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VERBATIM: The move could upend a planned takeover by a United Arab Emirates consortium of the Telegraph Media Group. The development comes after numerous lawmakers from across the political divide urged for an explicit ban. The minister in charge of media, Stephen Parkinson, says the government will send an amendment to the “Digital Markets, Competition and Consumers Bill” currently making its way through Parliament. The bill will prevent takeover of British publications by foreign governments. However, foreign individuals and firms will continue to be able to own papers and magazines…JH reporting.