For all those people predicting the death of newspapers, here's why you're wrong:
"The billionaire and former KGB agent Alexander Lebedev is to buy London's Evening Standard tomorrow, in a dramatic move that would see him become the first Russian oligarch to own a major British newspaper, MediaGuardian.co.uk can reveal."
But hang on Alex, why are you going to piss your money away in a failing industry?
"As far as I'm concerned this [buying the Standard] has nothing to do with making money. There are lots of other ways. This is a good way to waste money,"
So there you have it. When once newspapers provided a service to their readers and a profit to their shareholders, in the future they will purely be a plaything of their owners.
Fancy an introduction to the Prime Minister? Buy a paper. Fancy a chat with the Mayor of London. Buy a paper. A few foreign property deals. Buy a paper. Some protection from a thug. Buy a paper.
Still, the Standard has always been a bit of a propaganda rag hasn't it? It couldn't get any worse could it?
"The Russian tycoon also wants to establish a new editorial and advisory board for the Standard. This could include heavyweight global figures such as Mikhail Gorbachev – the former Soviet president and Lebedev's personal friend – as well as Tony Blair, former French president Jacques Chirac and leading Russian editors."
Oh please. Could it get any worse?
"The paper would be less under the influence of its sister paper, the Daily Mail, sources suggest, and would not necessarily reflect the Mail's rightwing editorial line."
That's something I guess.
"It would probably continue, however, to support Boris Johnson, London's Conservative mayor, they add."
Some things change. Some things they stay the same...