Will #TeamSaatchi rescue the Indy?
Roy Greenslade has set the hare running with his claim that Alexander Lebedev and his mini-mogul son Evgeny are looking to offload the Independent titles. The ‘viewspaper’ is understood to be haemorrhaging cash. ‘This is not new news,’ one insider tells me; although, as Greenslade reports, ‘the official line’ is that Independent Print (which makes the Indy, the Sindy and the i) ‘is merely seeking new investors.’ But even that won’t be easy: newsstand sales of the Indy are down to 43,224 (which in part reflects the success of the ‘i’) and any investor/bidder will have to consider the Indy’s integration with the (profitable) Evening Standard, which is so extensive that
