MAM
Aamby Valley continues with Kaleido Communications as creative partner
MUMBAI: Sahara group-promoted Aamby Valley City has retained Navi Mumbai-based Kaleido Communications to do its creative duties. The agency got associated with the developer of a hill city in the Sahayadri ranges a year back when it first won the creative mandate.
Recently Aamby Valley City had called for a re-evaluation of the pitch, which involved agencies like Lowe and Contract, apart from Kaleido.
Media grapevine estimates the account size to be around Rs 100 million. Sources close to the development confirmed the news to indiantelevision.com. The media mandate of the brand is handled by Percept‘s Allied Media.
According to a source close to the development, the main focus of the forthcoming campaign will be on re-launching Aamby Valley City in its new avatar and promoting the group‘s other real estate properties as well.
MAM
Axel Springer to acquire Telegraph Media Group in £575 million deal
Deal sidelines rival bid from Daily Mail owner DMGT
BERLIN: German media conglomerate Axel Springer has agreed to acquire the UK-based Telegraph Media Group in a deal valued at about £575 million, marking one of the most significant cross-border investments in the British news industry in recent years.
The agreement involves an all-cash purchase of the Daily Telegraph and Sunday Telegraph, bringing months of uncertainty over the ownership of the historic newspaper titles to an end. The move also sidelines a rival proposal from Daily Mail and General Trust, the parent company of the Daily Mail.
Axel Springer chief executive Mathias Döpfner said the acquisition reflects the company’s long-standing interest in the publication and its legacy in British journalism. Owning The Telegraph, he said, is both a privilege and a responsibility.
Döpfner noted that Axel Springer had attempted to buy the newspaper more than two decades ago but failed at the time. The new agreement, he added, finally fulfils that ambition.
The Berlin-based media group plans to launch an investment programme aimed at strengthening the Telegraph’s operations and expanding its business footprint. As part of the strategy, the company intends to grow the publication’s presence in the United States and broaden its international reach.
Telegraph Media Group was put up for sale in 2023 after its former owners, the Barclay brothers, ran into mounting debt obligations. Several takeover efforts have since collapsed before reaching completion.
In 2025, a bid from Daily Mail and General Trust had been agreed but later faced regulatory scrutiny.
UK culture secretary Lisa Nandy said the government has initiated a review of the proposed ownership change, citing concerns that the deal could affect the diversity of viewpoints in Britain’s media landscape.
She added that the Competition and Markets Authority will examine potential competition implications, while communications regulator Ofcom will assess broader public-interest considerations related to the transaction.
