The Independent for sale “at the right price” says owner Evgeny Lebedev

By Jennifer Faull | Deputy Editor

March 30, 2014 | 1 min read

Evgeny Lebedev, owner of the Independent, has said that the newspaper could be for sale at the “right price” although he is “not actively trying to sell it.”

Lebedev, who owns the London Evening Standard and Independent, said both newspapers have improved circulations and revenue since he took control.

He stated that the Evening Standard has gone from a circulation of 700,000 to 900,000 and, from losing £30m a year, is now in profit.

There has been speculation for some time that the Independent could be sold off.

His comments came ahead of the launch of London Live, a 24-hour network dedicated to news and entertainment from London. Lebedev said he was hoping the channel would create jobs in London and become a platform to launch new talent, rather than bringing in celebrities.

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