In defence of civilization: Aaron Wudrick and Michael Bonner
In defence of civilization: Aaron Wudrick and Michael Bonner
Soak-the-rich may be fun but it doesn’t pay: Jack Mintz in the Financial Post

Is There A Double Standard? UK Culture Secretary Defends New Law Thwarting Jeff Zuckers Daily Telegraph Bid [Video]

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USA Politics and Government

Culture Secretary Lucy Frazer defended the government’s move ​​ban on foreign state majority ownership of British newspapers, motivated by a Tory rebellion that seeks to block the sale of right-wing publications the Daily Telegraph and The Spectator.

The Conservative government plans to implement the change through a legislative amendment to the Digital Markets Bill that would thwart a buy-over by former CNN chief Jeff Zucker’s RedBird IMI, a joint venture between RedBird Capital and Abu Dhabi-based International Media Investments (IMI), linked to the ruling family of the United Arab Emirates (UAE).

Good Morning Britain host Ed Balls pressed the politician on whether the government’s legislative manoeuvre was a “double standard” since the same fund has an ownership stake in Manchester City Football Club.

Balls: “The interesting thing is that [Sheikh Mansour bin Zayed Al Nahyan], a member of the UAE royal family, owns Manchester City. He gets a tick from you. You’ve also …

Hon Tony Abbott in conversation with Brian Lee Crowley / MLI
Hon Tony Abbott in conversation with Brian Lee Crowley / MLI
Trudeau and Ford double down on wasteful corporate welfare with yet another EV deal: Aaron Wudrick in the Hub