US EditionGuardian signs controversial deal to sell The Observer to Tortoise Media
- The guardian media group has agreed to sell the observer, the world's oldest sunday newspaper, to tortoise media, which focuses on long-term journalism.
- The deal followed a 48-hour strike by journalists at the observer and the guardian.
- Ole jacob sunde stated that the sale was necessary to combine resources and build a new platform for the observer.
62 Articles
62 Articles
Britain's Sunday newspaper The Observer, one of the oldest in the world, has been sold to startup Tortoise Media, which promises to revive it as a powerful voice in liberal journalism. The sale prompted protests from journalists at The Guardian and The Observer, who expressed concern about the future of the paper.
The South African
UK's Guardian agrees sale of world's oldest Sunday paper
The Guardian Media Group announced on Friday it had agreed to sell the world’s oldest Sunday newspaper, The Observer, to online news company Tortoise Media, brushing aside strikes by staff. The announcement by GMG and its owner came despite a 48-hour strike this week by more than 500 journalists at the Guardian daily and Observer opposing the deal. New ownership model “The boards of the Guardian Media Group and its owner, the Scott Trust, have i…
The Ägarstiftelsen behind The Guardian goes ahead with the sale of the sister newspaper The Observer to the start-up company Tortoise Media. The decision triggered a two-day protest strike among journalists at both newspapers.
Sale of The Observer to Tortoise Media approved by board
The NewsThe sale of the world’s oldest Sunday newspaper, The Observer, to UK media company Tortoise Media has been approved in principle, the owners said on Friday, despite strikes earlier this week at its sister publication The Guardian.Tortoise Media, jointly launched in 2019 by a former BBC executive and a former US ambassador to the UK, purchased the 233-year-old newspaper for a “small sum,” the Financial Times wrote. The fast-growing “slow …
On Friday 6 December, the Guardian media group (GMG) announced an agreement to sell this British weekly newspaper, which it had owned for over 30 years.
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