Guardian and Observer journalists to strike over sale of the Observer
Guardian and Observer journalists to strike over sale of the Observer
Union says sale of Sunday paper to Tortoise would be a ‘betrayal of the Scott Trust’s commitment to the Observer’
How could Anna Isaac be such a scab /s.
In response to the decision to strike, Tortoise issued a statement saying that it was saving the Observer from its decline into “irrelevance”.
I'm not the biggest fan of the Observer (it's where the TERFs are), but this is quite the statement to make about an asset you want to buy. It's also obviously false, the thing James Harding is after here is the prestige of an established and (somewhat) trusted name.
9Isn't the guardian a nonprofit? Why are they selling it?
3Even nonprofits have a value and can have profit. They just can’t enrich shareholders/owners with that profit. If the guardian invested monies in that division over time and they don’t want it to completely go away, like a normal business they can offload it to someone else for a price and try to recoup some of their losses that way (I.E. replenish their bank accounts or pay off liabilities related to that division).
5They've been losing money.
3
I’d love them to strike in support of trans people instead—calling for the TERFs to be turfed out.
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