MAM
TBWAIndia names Subho Sengupta as EVP & head – Delhi
MUMBAI: TBWAIndia has appointed Subho Sengupta as executive vice president and head of the New Delhi-Gurgaon operations.
TBWAIndia‘s MD Nirmalya Sen said, “It is a pleasure to bring on board someone who has the great combination of a sharp advertising mind and the ability to be a strong leader. With Kunal Gill already on board as the executive creative director, TBWADelhi now has formidable leadership and I am confident this duo will soon make their presence felt in the market.”
Sengupta added, “TBWA is an institution with a unique and differentiated philosophy (Disruption and Media Arts) that is proven to deliver outstanding strategies and breathtaking creative for clients in India and around the world. I look forward to working with a team that is young, talented and hungry.”
Sengupta has over 16 years of experience in the advertising industry. He had joined TBWA from Law & Kenneth where he was the head of their Kolkata operation. He has spent a large part of his career working with JWT where he was responsible for the GSK business.
Sengupta has also worked with Saatchi & Saatchi and Bates and with brands like Horlicks, Fair & Lovely, Airtel, Tata Steel, Close up, Vivel, Gold Flake, Carlsberg, Lafarge and Ananda Bazar Patrika.
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.
