Is The Observer on the way out?
At 218 years old, The Observer is the world’s longest-running Sunday newspaper. But if reports are to be believed it might not make it to 219, as Guardian Media Group (GMG) looks at ways to cut costs after losing nearly £90 million in the year to March 29.
From a personal and professional perspective this would be terrible news. Personally I think the music, sport and food monthlies are among the best magazines in the UK and with my PR hat on, The Observer has led the way when it comes to looking at the environment and green technology, areas where tech and corporate PR has been very focused of late.
The end of print media has long been discussed for years but this would surely be a landmark day for those that predict it’s demise? Is there any long-term hope for newspapers? I’ve always believed print would pull through but I am getting less certain by the day…
Tags: PR, print media, The Observer
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