Telegraph suitor to buy Traitors and Fleabag maker All3Media for £1.15bn

almost 2 years in The guardian

RedBird IMI, which is majority-owned by the UAE vice-president, has invested in five media firms since its launch a year agoThe Abu Dhabi-backed company that is trying to take over the Telegraph newspapers has announced a £1.15bn deal to buy the production company behind Fleabag and the Traitors.Under the deal, RedBird IMI, which is headed by the former CNN president Jeff Zucker, will take over London-based All3Media with the agreement of its owners Warner Bros, Discovery and Liberty Global. Continue reading...

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