The planned newspaper sales venture between the Telegraph group and
Express Newspapers is being scrapped after internal wrangles over the
management line-up of the operation.
Talks between the two companies ground to a halt on Wednesday, after
senior members of the papers’ sales teams failed to agree on the core
structure of the proposed sales house.
Problems are understood to have arisen over who would run the joint
sales team, with both the Express and the Telegraph groups said to be
pushing for their executive to lead the venture.
News of talks between the two national newspaper groups emerged in May,
following the appointment of the Telegraph group’s managing director,
Stephen Grabiner, as the executive director of Express Newspapers.
Grabiner has been instrumental in bringing the two parties together but
Len Sanderson, the deputy managing director of the Telegraph group, had
been widely tipped to run the joint sales operation.
Hugo Drayton, the marketing director of the Telegraph group, confirmed
that the merger would not take place.