Alexander Lebedev, the former KGB spy, bought The Independent and Independent on Sunday for £1. Independent News & Media, the papers’ parent company, will pay Mr Lebedev £9.25m to cover the losses the titles are expected to make this year. His son, Evegny, will control the paper.
Lebedev has controlling interest in the Evening Standard, another London newspaper. (The Independent and Evening Standard are in the same building.)Bloggers remember Robert Fisk, the Independent journalist whose writings were so untruthful that bloggers would counter his arguments line by line. He was so absurd that the exercise was hilarious. It became known as "fisking. Eventually the newspaper hid him behind a subscription wall.
Today's sale certainly suggests that the newspaper was underwritten for years, not by subscriptions, not by advertisements, but by such people like Lebedev. They are the deep pockets for disinformation specialists with great propaganda value that diminished significantly after the Internet when bloggers showed The Independent and Robert Fisk as utterly absurd.
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