The UK government is proposing new media reforms to allow foreign states to own up to a 15% stake in British newspapers and magazines. This change follows a previous ban on foreign ownership due to concerns over a potential takeover of the Telegraph. The Labour government believes this cap will help UK news organizations attract investment while limiting foreign influence. The reforms will also expand media merger rules to include online publications. Culture Secretary Lisa Nandy emphasized the importance of safeguarding the press while allowing for necessary funding. The changes require parliamentary votes and could resolve ongoing uncertainty regarding the Telegraph's ownership.