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Britain’s Telegraph: The Newspaper Auction from Hell

Columbia Journalism Review · Arthur MacMillan · last updated

When Sirs David and Frederick Barclay, twin brothers, paid £665 million for the Daily Telegraph in 2004, they were privacy-conscious individuals, skilled at avoiding scrutiny.

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Related Knowledge Center: State of the business model

State of Play

The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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