The new chief executive of the Daily Mail & General Trust, the parent of the Daily Mail and Mail Online, has refused to rule out a potential sale of the newspaper, saying there are “no sacred cows” in his strategic review of the business.
Paul Zwillenberg, the Boston Consulting Group senior executive who took over at DMGT in June, said that if the right price was offered he would have to consider a sale.
“There are no sacred cows,” he told a City analyst who asked at DMGT’s full-year results presentation if the titles could be sold off. “We are, have been, and continue to be an active portfolio manager. If someone values our business significantly greater than we value it ourselves, we will listen.”
However, analysts believe that DMGT will never sell the print titles, although the digital future of Mail Online could be less certain.