Tortoise Media's Bid for The Observer Sparks Journalist Backlash

Guardian and Observer journalists oppose the sale, citing concerns over funding, job security, and journalistic integrity.

Tortoise Media, led by James Harding, is in exclusive negotiations to buy The Observer from The Scott Trust.
Guardian and Observer journalists unanimously oppose the sale, fearing it undermines the Scott Trust's commitment to liberal journalism.
The proposed deal includes a £25m investment over five years and assurances that all 70 Observer staff will retain their jobs.
Concerns include the financial stability of Tortoise Media, which has reported cumulative losses of £16m since its launch in 2019.
The Scott Trust aims to focus on The Guardian's growth, with The Observer potentially adopting a model similar to The Atlantic, combining print and digital subscriptions.