Save The Observer?

[sir_guinglain]

The Sunday Times is claiming that Guardian Media Group are considering closing The Observer. I'm surprised at the option of turning it into a weekly news magazine to be published on Thursdays, as I would have thought the markets were largely different, but think the continuing downsizing of the Sunday paper must be the more likely of the two; if, that is, this story has any more to it than one media group causing trouble for another in a light news week.