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Observer Sold to Tortoise Media Amid Journalist Strike
The Scott Trust sold the Observer, Britain's oldest Sunday newspaper, to Tortoise Media for $32 million, despite a 48-hour journalist strike protesting the sale; Tortoise Media plans to invest in the Observer's digital presence and maintain its print edition.
Observer Sold to Tortoise Media Amid Journalist Strike
The Scott Trust sold the Observer, Britain's oldest Sunday newspaper, to Tortoise Media for $32 million, despite a 48-hour journalist strike protesting the sale; Tortoise Media plans to invest in the Observer's digital presence and maintain its print edition.
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