Media World: Why the U.K.'s Evening Standard is sorry

Updated

What does the Evening Standardhave to be sorry about? The U.K. tabloid isn't saying anything about the sins it committed, but it is promising to provide more details soon.

If this seems like a publicity stunt, that's because it is. The Evening Standard was recently acquired by a Russian businessman and former KGB officer Alexander Lebedev for the whopping price of a pound. Moreover, like U.S. papers, the Evening Standard is facing stiff competition from free publications which has eaten away its circulation revenue.

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