The Observer Newspaper Sale to Tortoise Media Approved
The sale of The Observer newspaper to Tortoise Media has been approved, following a strike by journalists protesting the deal. The Scott Trust will invest £25 million in Tortoise Media, ensuring the continuation of the newspaper’s print edition and enhancing its digital presence. Tortoise Media commits to maintaining the Observer’s editorial independence and liberal values. Key stakeholders, including Ole Jacob Sunde and Katharine Viner, express confidence in the new partnership and its potential to support quality journalism.