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Guardian 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.

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The South African

+2 Reposted by 2 other sources

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…

3 months ago·Johannesburg, South Africa

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Pittsburgh Post-Gazette

The Guardian sells U.K.'s oldest Sunday paper to a media startup

LONDON — The Observer, a British Sunday newspaper that has been running for more than two centuries, will be sold to the digital media startup Tortoise...

3 months ago·Pittsburgh, United States

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Dagens Nyheter.

Anrika The Observer sold in controversial British media affair

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.

3 months ago·Stockholm, Sweden

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Semafor

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 …

3 months ago·New York, United States

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Liberation

United Kingdom: “The Observer”, the oldest Sunday newspaper in the world, will be sold

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.

3 months ago·Paris, France

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Associated Press News

+7 Reposted by 7 other sources

Sale of UK's Observer, world's oldest Sunday newspaper and a bastion of liberal values, is agreed

The sale of the Observer, the world’s oldest Sunday newspaper and a bastion of liberal values in Britain’s media landscape, has been approved, despite two days of strike action from

3 months ago·United States

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