Daily Mail to acquire The I from JPI Media for $64m.

Daily Mail and General Trust, a newspaper publishing agency is set to acquire The I newspaper from a multimedia company JPI Media for $64m. The purchase from JPI Media will add a title with a weekday newspaper circulation of roughly 170k to Daily Mail and General Trust’s stable, which also includes the Mail on Sunday, Mail Online and Metro. “The ‘i’ has a different editorial style and tone to the Mail and the audience has a different demographic. I want to make absolutely clear that we will ensure that the editorial independence of the ‘i’ is preserved. Its readers value its distinctive style and politically neutral approach and we are committed to maintaining that," Paul Zwillenberg, DMGT CEO.