Finance

Guardian Journalists Stage Historic Strike Against Sale of The Observer to Tortoise Media

2024-12-05

Author: Ting

Introduction

In a groundbreaking move, journalists from the Guardian and The Observer newspapers have commenced a 48-hour strike, rallying against the controversial decision to sell The Observer – Britain’s oldest Sunday newspaper, dating back to 1791 – to a digital media start-up, Tortoise Media.

Demonstrations and Staff Concerns

Demonstrations erupted outside the London newsroom as staff voiced their concerns, claiming the sale was pushed through without adequate staff consultation. This marks the first strike in over 50 years for Guardian News & Media, which oversees both publications.

Background of the Sale

The shocking news and subsequent negotiations to sell The Observer surfaced in September, blindsiding many journalists who were calling for a halt to the sales talks. According to insiders who prefer to remain unnamed, negotiations are nearing completion and could be finalized soon. The Scott Trust, the parent company of both newspapers, has expressed the intention to maintain a significant stake in The Observer to influence its editorial direction.

Columnist's Perspective

Sonia Sodha, a prominent columnist for The Observer, shared her thoughts on the strike, stating, “It can’t be right to go ahead with a rushed sale when journalists haven’t been consulted and we do not understand the logic for this. We think it puts both Observer and Guardian journalism at risk.”

Historical Context and Future Plans

The Guardian had acquired The Observer in 1993, and the current executives have suggested that this sale is necessary for the company's international expansion.

About Tortoise Media

Founded by seasoned media figure James Harding and former U.S. ambassador Matthew Barzun, Tortoise Media focuses on “slow news” through a combination of articles, newsletters, podcasts, and live events, launching its platform in 2019. Their plans for The Observer include an investment of £25 million, instituting a paywall for online content while still maintaining a print edition for Sundays. Tortoise’s investment group features heavyweights like Standard Investments and philanthropic organization This Day, led by a significant supporter of the Labour Party.

Reaction from the Guardian Media Group

In response to the uproar, a representative from the Guardian Media Group acknowledged the strong emotional reactions but emphasized their commitment to maintaining The Observer's relevance in the liberal media landscape.

Support from Public Figures

The discord extends beyond journalists; numerous British authors, actors, and public figures have raised their voices against the sale. Five former editors of The Observer, alongside Alan Rusbridger, the former Guardian editor, have implored the Scott Trust to delay the sale, labeling it a “gamble.”

Future Strikes and Union Negotiations

A second round of strikes is slated for next week, while the journalists’ union continues to negotiate with Guardian executives. Critics, like Ms. Sodha, warn that splitting The Observer from the Guardian's operations and placing it behind a paywall could diminish both newspapers' reach, ultimately harming the quality of journalism they deliver.

Conclusion

“This deal is detrimental to both The Observer and The Guardian,” Sodha asserted. As their struggle continues, the fate of one of Britain’s most cherished publications hangs in the balance, urging readers to pay attention as the media landscape faces a potential upheaval.