The current proposed sale of the Observer is a worrying time for staff on the paper, who – along with Guardian journalists – have voted for industrial action. The Friends of the Observer, mostly former staffers and contributors, will attempt to update this site whenever we hear of developments.
https://pressgazette.co.uk/publishers/nationals/guardian-observer-tortoise-strike-december-2024/
Earlier background material:
On 17 September, the Guardian announced it was in talks to sell the paper to Tortoise Media.
On October 10 three former editors said the Scott Trust had a responsibility to maintain the Observer
The following day, the Scott Trust fired back, saying (in a nutshell) its responsibilities did not extend to the Observer.
On the same day, the ‘i’ newspaper revealed that the Guardian’s chief executive has had long-standing friendship with James Harding, holidaying together on a £15m superyacht.
On 1 November the Telegraph reported that a rival bid was being made to buy the paper.
https://www.telegraph.co.uk/business/2024/11/01/labour-linked-investors-gatecrash-sale-the-observer/