Sale of Observer Newspaper Approved Amid Staff Protests
The Scott Trust has approved the sale of the Observer to Tortoise Media, promising significant investment despite journalists' strike actions.
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Overview
The Scott Trust has finalized the sale of the Observer to Tortoise Media, ensuring a £25 million investment to maintain its legacy and editorial independence amidst protests from journalists, who staged a 48-hour strike. Tortoise Media commits to preserving the Observer's liberal values, sustaining its print edition, and enhancing its digital presence, with the Scott Trust remaining a shareholder.
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