The Observer, the world’s oldest Sunday newspaper, is up for sale

The Observer, the world’s oldest Sunday newspaper, is for sale, Sky News reported Guardian Media Group is in talks with Tortoise Media, a startup founded in 2019, to sell the Observer, according to the same source. Guardian Media Group chief executive Anna Bateson said: “This is an exciting strategic opportunity for Guardian Media Group. It provides an opportunity to build the Observer’s future position with a significant investment and allow the Guardian to focus on its growth strategy to be more global, more digital and more reader-funded.” The Guardian’s editor-in-chief, Katharine Viner, said: “This has the potential to be very positive for both the Observer and the Guardian. My number one priority is a future in which both titles continue to thrive and provide our readers with high-quality journalism. It is extremely important to me that […]
Source: News Beast

You may also like