Alexander Lebedev, the owner of the London Evening Standard, is pumping £4.5 million into the paper in an attempt to return it to profitability.
The Russian oligarch, who bought 75.1 per cent of the title from the Daily Mail & General Trust in January, is paying the money to help with running costs. It is part of the £25 million he has promised to fund the paper over three years.
Join a growing community of media, marketing and advertising professionals today
Read exclusive registrant only articles
Read more articles each month
Sign up for free specialised news bulletins
Register NowGet unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Market Reports.
Find out moreGet unlimited access to ±±¾©Èü³µpk10’s premium content for your whole company with a corporate licence.
Upgrade accessGet the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.
Create an alert now
_1.jpg)
.jpg)
