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Scott Trust Faces Backlash Over Sale of The Observer to Tortoise Media

Guardian and Observer journalists criticize the decision, citing concerns over transparency, job security, and the future of the 233-year-old newspaper.

  • The Scott Trust has agreed to sell The Observer to Tortoise Media, a loss-making media start-up, for a nominal fee with a £5 million investment to support the deal.
  • Journalists at The Guardian and The Observer strongly opposed the sale, with 93% voting against it and staging strikes to protest the decision.
  • Staff have raised concerns about the transparency of the sale process, claiming other potential bidders, such as green energy tycoon Dale Vince, were not given a fair opportunity to submit offers.
  • Tortoise Media has pledged to invest £25 million into The Observer and its digital presence, but staff remain skeptical about the long-term viability of the deal.
  • The Scott Trust defends the sale, citing The Observer's financial struggles and the need for sustainability, but tensions persist as journalists criticize leadership and demand greater accountability.
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