LONDON: The Guardian Media Group announced 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 boards of the Guardian Media Group and its owner, the Scott Trust, have in principle approved the sale of The Observer to Tortoise Media," a statement said. "I recognise …
A group of wealthy Labour figures is attempting to gatecrash the sale of The Observer by mounting a rival bid. The Telegraph has learnt that a consortium of investors has written to the board of Guardian Media Group to express their interest in tabling an offer for the Sunday newspaper. The identities of the investors is not yet clear, though …
He added: “George Orwell described The Observer as ‘the enemy of nonsense’; we’re excited to show readers, old and new, that it still is.” Katharine Viner, The Guardian editor-in-chief, said: “This has the potential to be a very positive thing for both The Observer and The Guardian. My number one priority is a future in which both titles continue to …
LONDON: The world's oldest Sunday newspaper, The Observer, could be sold, after its owner of more than 30 years and its potential buyer on Tuesday announced they were in talks. The Guardian Media Group, which reported rising losses last year, said it was in discussions to offload the weekly to "slow news" outlet Tortoise Media. Tortoise said it had approached …
The Guardian is embroiled in a renewed governance row after a director quit in protest at the influence wielded by its editor to ensure her choice was installed as chief executive. Sources said Jensen, chief executive of the Scandinavian streaming service Viaplay, was unhappy with the influence of editor Katharine Viner, who had pushed for GMG to appoint Bateson. A …
