Future of The Observer newspaper in question

Future of The Observer newspaper in question

LONDON - The Observer newspaper could close in its current format as Guardian News and Media is considers options for the Sunday newspaper's future.

It is looking into ways to help secure the future of The Guardian and address the shift in readers and advertisers online.


On Friday Guardian Media Group, which owns Guardian News and Media reported a pre-tax loss of £89.8m for 2008-2009.


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