Guardian in talks to sell world's oldest Sunday paper
Published On Sep 17, 2024, 9:27 AM
The Guardian is in discussions to sell the Observer, its historic Sunday newspaper, to Tortoise Media. Tortoise Media has proposed an investment of £25 million over five years aimed at revitalizing the Observer both in print and digital formats. The sale will continue to allow operations of the Observer as a digital publication regardless of the negotiations. Tortoise Media's editor expressed a strong belief in the Observer's future, emphasizing its historical significance and potential to evolve further.