The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon

Published On Sep 10, 2024, 8:12 AM

Paul Marshall, a multimillionaire hedge fund co-founder, has acquired The Spectator, a major British conservative magazine, for approximately $131 million. This deal marks a significant shift in media ownership, as Marshall has positioned himself as a media mogul, owning right-wing platforms such as GB News and Unherd. The acquisition follows a tumultuous ownership history, where The Spectator was previously part of the Telegraph Media Group, which faced regulatory hurdles in its ownership transfer. Marshall's involvement signals a significant potential influence on political discourse in the UK, particularly on the right side of the spectrum.