London Daily

Focus on the big picture.
Thursday, Jul 31, 2025

Daily Mail owner buys i newspaper for £50m

Daily Mail owner buys i newspaper for £50m

DMGT buys the newspaper from JPI Media, which took over Johnston Press last year.

The owner of the Daily Mail, DMGT, has bought the i newspaper and website for £49.6m from JPI Media.

DMGT chairman Lord Rothermere said the paper was "a highly respected publication with a loyal and engaged readership".

"We are committed to preserving its distinctive, high-quality and politically independent editorial style."

The Competition and Markets Authority will have to approve the deal.

In 2018, the i reported an operating profit of £11m from £34m in sales.

The deal means that the paper will have its fourth owner in as many years.

The sale was attacked by Labour leader Jeremy Corbyn, who said in a tweet that two billionaires now owned half the UK's top 10 daily newspapers.


'Time-poor' readers

The i was launched in 2010 as a sister paper to the Independent. It sells for 65p on weekdays and £1.20 on Saturdays.

When it first hit the newsstands, executives at the company said it was aimed at "time-poor newspaper readers", especially commuters, who lacked the time to read a quality newspaper on a regular basis.

At its launch, it shared the same editorial staff as its sister paper and was seen as a way of extending the Independent's brand to a new market.

But in 2016, the Independent closed its print edition and the i was sold for £24m to Johnston Press.

Despite this, links to the paper's former parent remained, with the i continuing to provide a print home for some of the Independent's now otherwise digital-only content.


Changing hands

In November 2018, the i changed hands again after Johnston Press was bought out of administration by JPI Media.

DMGT had been mulling the purchase for at least a year, but was beaten by JPI Media's deal with administrators.

Johnston Press was one of the largest local and regional newspaper organisations in the UK with a history dating back more than 250 years, but it had debts of £220m.

The deal leaves JPI with The Scotsman and Yorkshire Post among its biggest titles. In total, it owns about 200 newspaper brands.

Who owns the UK's national newspapers?
If the DMGT deal is approved, the UK's national newspapers will be owned by just six companies.

DMGT already owns the Daily Mail, Mail on Sunday and Metro.

Reach, formerly known as Trinity Mirror, owns the Daily Mirror, Sunday People, Daily Express, Daily Star and associated Sunday titles.

News UK, which is part of Rupert Murdoch's media empire, News Corp, owns the Times, Sunday Times and Sun.

The Telegraph Media Group, owned by billionaire brothers Sir Fredrick and Sir David Barclay, owns the Daily Telegraph and Sunday Telegraph.

The Guardian Media Group owns the Guardian and Observer.

And the Financial Times is owned by Japanese media firm Nikkei, after being sold by UK publishing group Pearson in 2015.

Newsletter

Related Articles

0:00
0:00
Close
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Procter & Gamble to Raise U.S. Prices to Offset One‑Billion‑Dollar Tariff Cost
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
The British propaganda channel BBC News lies again.
Deputy attorney general's second day of meeting with Ghislaine Maxwell has concluded
Controversial March in Switzerland Features Men Dressed in Nazi Uniforms
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
Thai Civilian Death Toll Rises to 12 in Cambodian Cross-Border Attacks
TSUNAMI: Trump Just Crossed the Rubicon—And There’s No Turning Back
Over 120 Criminal Cases Dismissed in Boston Amid Public Defender Shortage
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
Trump Announces $550 Billion Japanese Investment and New Trade Agreements with Indonesia and the Philippines
US Treasury Secretary Calls for Institutional Review of Federal Reserve Amid AI‑Driven Growth Expectations
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Severe Flooding in South Korea Claims Lives Amid Ongoing Rescue Operations
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
CEO Resigns Amid Controversy Over Relationship with HR Executive
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
×