Picture this, you are in London on a Sunday morning, walk to the local shop to collect The Observer, come home and sit down at the kitchen table with a cup of coffee to read the paper. Well, all that is about to end with the stopping of The Observer, London’s and the World’s longest running Sunday paper.
The Observer newspaper began back in 1791 by W.S Bourne and has been around for 218 years. Each week an average of 400,000 London people will purchase a copy of The Observer, although, the newspaper has suffered millions of dollars worth of losses in the recent years. The most talked about reason for the loss is related to the purchase of The Guardian back in 1993.
The Guardian Media Group (GMG) has cut down on the amount of copies of The Observer being produced and sold to places such as airlines and hotels and an overall trim of the newspaper itself, for example, the television guide. For The Observer to continue to be successful GMG will have to undergo structural change, remodelling some of the business sections in order for the newspaper to continue. With the restructuring and cost cutting it is not clear if The Observer’s closure will go ahead.
The Observer newspaper began back in 1791 by W.S Bourne and has been around for 218 years. Each week an average of 400,000 London people will purchase a copy of The Observer, although, the newspaper has suffered millions of dollars worth of losses in the recent years. The most talked about reason for the loss is related to the purchase of The Guardian back in 1993.
The Guardian Media Group (GMG) has cut down on the amount of copies of The Observer being produced and sold to places such as airlines and hotels and an overall trim of the newspaper itself, for example, the television guide. For The Observer to continue to be successful GMG will have to undergo structural change, remodelling some of the business sections in order for the newspaper to continue. With the restructuring and cost cutting it is not clear if The Observer’s closure will go ahead.
Image: The Observer Picture
Newspaper Article: Fight in London trust to stop closure of The Observer by Dominic O'Connell, viewed on August 3 2009.
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