January 16th, 2014

Is the Indy Up for Sale?

Greenslade thinks so. Having gutted the editorial staff and rebranded, it seems the cash strapped Lebedevs have got bored:

“The Independent is up for sale. The paper’s founder, and current chairman of its publishing company, Andreas Whittam Smith, has been authorised to seek out a buyer. The owners, Alexander Lebedev and his son, Evgeny, have been indicating for some time that they would be happy to dispose of the paper and its sister titles, i, and the Independent on Sunday. They have made various cryptic statements over the last six months about their willingness to offload loss-making papers that they see no prospect of turning into profit. Alexander Lebedev’s fortunes, based on a variety of businesses in Russia, have declined dramatically over the last couple of years.”

Don’t all rush at once.


  1. 1
    Anonymous says:

    It’s bound to be cheap !


  2. 2
    Stephanie Kinnock Labour's female candidate for Aberavon. says:

    I’m out of loo roll, how much is it ?


  3. 3
    Arthur says:

    Sale indicates a price – don’t think anyone would want to pay anything for that sinking ship


  4. 4
    Whippersnapper2 says:

    All breathtakingly predictable. Who on earth would pay a penny for this piece of loss making crap, part of the dead tree press which is er…..dead.


    • 59
      Haribo Halfwit says:

      Applies only to the paid press.

      Free giveaways (Metro, Cityam) have found a way to be profitable in the age of the web through a combination of paid printed advertisement (wraparound covers and property supplements) and online services, such as recruitment.


  5. 5
    Tuscan Tony says:

    Luckily Evgeny got the job on merit so his position should be safe with any new proprietor.


  6. 6
    The British media are cunts says:

    It’s shit like all British newspapers


  7. 7
    Blimey says:

    If it sells I wonder if the new owner/s will get around to sorting out the comments section.


    • 53
      broderick crawford says:

      if it sells new bosses should ditch the independent totally and relaunch “I” as a freebie then there might be a slimmed down future —- with luck .


  8. 10
    Eagle says:

    I fingered Nick yesterday.


  9. 11
    Stew Dent says:

    Owen Jones must move to the BBC immediately. Or The Guardian. The dear comrade leader cannot suffer the ignominy of redundancy by these international capitalist pigs.


  10. 12
    DA speaks sense at last says:


  11. 13
    In the know says:

    Of course Greenslade knows – The Guardian have been running their ruler over the purchase for several weeks now.

    You heard it here first ;-)


    • 17
      Arthur says:

      Well the two papers are virtually indistinguishable these days – both trotting out the most asinine left wing drivel imaginable – amalgamation is logical if unlikely to create a profitable entrerprise.

      Still it will create a few extra bien pensant lefties supported by Auto Trader


    • 36
      NE Frontiersman says:

      That would make good business sense, merging two loss-making outfits to achieve a single unit that could lose money more efficiently.

      Isn’t Mr Greenslade the man who was recently demanding that internet journalism be taxed in order to subsidise the paper press? He’d be just the man to pull off this dynamic model.


  12. 14
    civil engineering plant says:

    at 20p the ‘I’ is excellent budgie lino.


    • 55
      broderick crawford says:

      not true .

      for unfettered top value both metro and city am are excellent .

      but the head and shouldes winner without paragon. must be



  13. 15
    Warren Peace says:

    With Greek Prime Minister Antonis Samaras settling into his role as EU President, UKIP’s Nigel Farage stunned the “Goldman Sachs puppet” with the truth.


    • 25
      No one ever asked me if I wanted to be ruled by Belgians says:

      If he keeps on like this, he’ll have a car ‘accident’ and child porn will be found in the glovebox, along with coke and a half empty bottle of Scotch.


      • 29
        Warren Peace says:

        I concur. Especially if May becomes the merry month of UKIP. I suspect more will vote in these Euro’s than any held previously, and the Europhiles right across the continent are going to have very sweaty palms. Nigel should seriously think about beefing up his security.


        • 34
          Anonymous says:

          By June it’ll all be forgotten. Nothing will change.

          If any of Guido’s readers live to be 120, Britain will still be in the EU.

          If you believe anything else, you need sectioning.


    • 28
      Well said Nigel. And they KNOW you are correct. says:

      The sad thing is, that this will never be played on the BBC news or the Greek news.


      • 33
        Anonymous says:

        The reason why it won’t be shown on the BBC:

        BBC = Common Purpose


        • 35
          Socialism Ate My Future says:

          Sadly true in my opinion, sweaty palms indeed. I wonder with the Marxist Europhiles set for a routing throughout the EU whether the elections will be suspended “indefinitely”


          • CYNICAL OLD GIT says:

            The votes will be rigged especially in East Europe , the Mediterranean and the UK, where postal voting has been a vehicle for electoral fraud for years.
            They will stop at nothing to prevent a sweeping UKIP success through lies ‘ smears , and bribery, Nigel Farage must tread very carefully over the next few months, they will be out to discredit him by any means they can, the signs are already there.


    • 49
      Border Terrier says:

      Bit of a rant from saloon bar [or perhaps it should be beer hall] Nigel.


  14. 16
    Soon to be redundant Owen Jones says:

    I hope Paul Dacre doesn’t buy it or I’m screwed.


  15. 20
    MB. says:

    ‘Buy one get two free’?


  16. 23
    Kleenex Tissue Company says:

    How much is it?


  17. 24
    Bi Curious says:

    Did the Independent ask Owen Jones how may column inches he could provide before they employed him?


  18. 32
    Anonymous says:

    I went on holiday with the missus and her father recently. Every day he bought the Express. What a shite newspaper. Wall to wall crap about Channel 5 and OK and Madeleine McCann. Read it in under 5 minutes. If ever a newspaper deserved to go under, it’s that one.

    No wonder Guido and Dirty Desmond parted company.


    • 38
      I hate the BBC says:

      The Daily Mail is crap as well but at least provides a modicum of balance to the liberal dominated tv and radio shit.


    • 41
      A. Greed says:

      Plus the weather, house prices and Di!


    • 45
      John Bellingham says:

      Newspapers do not form their readers’ opinions, rather they form themselves around the opinions/tastes/psychographics that already existed among that readership or potential readership.


  19. 37
    Ex paperboy says:

    Any value will be in the property portfolio. As long as they own the property and haven’t got some lease-back deal.

    As to the paper itself. Worthless. It lost its way when ‘Alex’ jumped ship 20 years ago.


    • 60
      Haribo Halfwit says:

      Simon Carr’s sketches were the best thing in it when it was launched.

      Haven’t had the need to touch it since 1987.


  20. 46
    Cynic2 says:

    I would want to buy it even less than I would like a dose of the clap


  21. 47
    Eagle Eyes (geddit?) says:

    Who’s the dude flashing a copy of the Kama Sutra?


  22. 48
    Border Terrier says:

    Guardian lite plaything of the Lebedev’s.

    Close it down.


  23. 51
    Swivelly says:

    Dear Grauniad,

    Got any jobs?


    Owen Jones – Lefty hack and generally useless tw@t.


  24. 52
    Jimmy says:

    You could buy it for Simon and he can be a real reporter again.


  25. 57
    Edinburgh Shitty says:

    It is morally bankrupt. I would not buy it!


  26. 58
    Raptor says:

    The Independent was founded in the 1980’s, a step that was only made possible as result of Mrs Thatcher’s trade union reforms. Otherwise, the print unions would have strangled it at birth.

    The Independent then devoted its entire editorial line to sanctimonious leftist preaching against Mrs Thatcher and her government.

    Its disappearance will be no loss.


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