As part of the Lance! newspaper’s judicial reorganization process, which began two and a half years ago, the public sale of the brand and digital assets was carried out, for R$25 million, to investor Gustavo Agostini and others.
With no print edition since the beginning of the pandemic, Lance! it will keep around 30 journalists “absorbed by the new company”, according to director Afonso Cunha, who confirmed the sale reported by the newspaper O Globo.
“The newsroom continues to operate, with the same lineup it had,” he adds, who has been supporting this transition phase. “And Lancenet goes on, it’s a pride for us that he has his intrinsic value and continues.”
The newspaper was created in 1997 by Walter de Mattos Jr. “We are reaching the end of the recovery with everything resolved”, says Cunha. “It’s going to be the solution for all the processes we still have to get right. It’s a happy ending.”
The new shareholders are already ahead of the deal. Wanted, Agostini has not yet responded.
your subscription may be worth even more
Do you already know the advantages of being a Folha subscriber? In addition to having access to reports and columns, you have exclusive newsletters (find it here). You can also download our free app from the Apple Store or Google Play to get alerts on the day’s top news. Your subscription helps us to do independent and quality journalism. Thanks!
your subscription is worth a lot
More than 180 reports and analyzes published each day. A team with more than 120 columnists. A professional journalism that oversees the government, disseminates useful and inspiring news, counterpoints the intolerance of social networks and draws a clear line between truth and lies. How much does it cost to help produce this content?
sign the sheet