Guardian and Observer journalists to strike over sale of the Observer
Guardian and Observer journalists to strike over sale of the Observer
www.theguardian.com
Guardian and Observer journalists to strike over sale of the Observer
4 comments
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Isn't the guardian a nonprofit? Why are they selling it?
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Even 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).
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They've been losing money.
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How could Anna Isaac be such a scab /s.
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.