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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Evening Standard

Evening Standard stories: 2 news summaries

Iconic London Paper Goes
Free After 182 Years

Owners eliminate cover price as Evening Standard hemorrhages cash

(Newser) - The Evening Standard, London's 182-year-old afternoon newspaper, will become a freesheet later this month in an attempt to pump up the struggling title's circulation. The Standard, purchased by Russian oligarch Alexander Lebedev last year for the fire-sale price of one pound, loses $16 million a year and may fire staff... More »

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Russian oligarch buying iconic London paper for token sum

(Newser) - A Russian oligarch with a past in the KGB is set to buy one of London's most visible newspapers, at the knockdown price of just a buck and a half. Alexander Lebedev will acquire the Evening Standard for the token price—the cost of two copies—from a media conglomerate... More »

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2 Stories