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Asociación Técnica de Diarios Latinoamericanos
Boletín Semanal enero 13, 2020

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.