German media group Axel Springer will buy owner of Britain’s Daily Telegraph for USD 766 million

Axel Springer said it will invest in the group 'to enable it to become the leading centre-right media outlet in the English-speaking world'

AP

London, Updated At : 06:44 PM Mar 06, 2026 IST

The agreement ends a long saga over ownership of Telegraph Media Group, which publishes the 171-year-old Daily Telegraph and its Sunday sister paper. Photo: X/ @Telegraph

German media group Axel Springer has agreed to buy the owner of Britain’s Daily Telegraph newspaper for 575 million pound (USD 766 million), the companies announced Friday.

The agreement ends a long saga over ownership of Telegraph Media Group, which publishes the 171-year-old Daily Telegraph and its Sunday sister paper.

Axel Springer said it will invest in the group “to enable it to become the leading centre-right media outlet in the English-speaking world”.

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German media group Axel Springer will buy owner of Britain’s Daily Telegraph for USD 766 million

Axel Springer said it will invest in the group 'to enable it to become the leading centre-right media outlet in the English-speaking world'

AP

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