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John de Mol wants to purchase TMG ‘Dutch media company building’

John de Mol wants to purchase TMG ‘Dutch media company building’

Media-entrepreneur John de Mol wants to be the owner of the publisher, the Telegraph Media Group (TMG) to “a Dutch media company to build,” he said Saturday in an interview with the Telegraph.

“I have been in the past a number of times attempts have been made in this country is a media company. That was due to the resistance of the very politically difficult,” says The Mole in The Telegraph.

“The old media, including newspapers and tv, have to a huge wrap to the rescue towards new media which is a major advantage,” says the entrepreneur, who believes that TMG should bet on reaching consumers through multiple platforms.

“The Telegraph is a journalism company that great content delivers. But the shape, the speed and the quality should be changed to be future-proof in the current media landscape.”

Overnamegevecht

Around TMG is raging currently a overnamegevecht. The Flemish “media house” wants to work with the family Van Puijenbroek, a major shareholder with a stake of 40 percent, the parent company of, among others, The Telegraph, Metro and the regional newspaper group HMC of the stock exchange.

The Mole increased in January its interest in TMG of 18.4% to 20,15%. A few days later brought his media company Talpa a bid on the publisher.

TMG called the bid by Talpa “unsolicited, non-binding and conditional”. The company announced that the board of directors and the supervisory board the bid carefully. They said this explicitly to take into account all stakeholders, including the shareholders.

Rollebollen

The next time The Mole calls to go run with TMG staff and a major shareholder Guus van Puijenbroek, to see if his target price is in line with their views. “I want to know that the strategy that I have in mind to embrace. I have no sense for a company to buy and then with 200 journalists to go rollebollen.”

The Mol is the owner of four radio stations (Sky Radio, Veronica, Radio 538 and Radio 10) and has interests in SBS Netherlands (33 percent).

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