The brilliant Bill Deedes in his Daily Telegraph column this week asked readers to spare a thought for the journalists as the drawn-out battle for ownership was coming to a close.
Or as he put it: “As the auctioneer looks towards the final bidders and raises his hammer.”
The lot includes a team of talented journalists who have soldiered on in the face of an uncertain future.
While the dealmakers have been going about their business, Telegraph journalists have managed to maintain the daily as the country’s most popular quality newspaper and kept sales above 900,000. The Sunday Telegraph put on sales last month. All this in the face of intense competition as The Independent and Times invested heavily in their twin tabloids.
With the Telegraph Group about to fetch the highest price in newspaper history, let’s hope the journalist’s share in that achievement is more than a P45.