Here's the more complete writeup from the FT, which says that the transaction was more or less amicable. Naguib Sawiris will own 88% of the operation, with EBU members and other local sources owning the rest. I guess Sawiris sees Euronews as an important tool to combat the misinformation from RT. I also noticed that Tesa Arcilla announced a few days ago that she's joining NBC Sky World News as a correspondent.
https://www.ft.com/content/0f5d1cbe-a94e-4801-ab23-6480e487e6ee
Perhaps they can have another go at putting together a decent schedule?
The sooner they revert to agency footage with voiceover and ditch the garish, ugly, intrusive graphics, the better.
Part of me also misses the simplicity of the original format, but on the other hand, they needed to do something different if they wanted to appeal to a larger audience in these times. If all they're going to do is run agency footage that every other news channel has access to, then Euronews is never going to provide viewers a compelling reason to choose them over anything else. The move to establishing bureaux and in-vision correspondents started several years ago, and it was a good idea. From what I read, Euronews was already planning on doing in-vision, anchored newscasts before NBC bought a stake. It seems like NBC only accelerated those plans and added another source of content, but maybe not much else.
As far as presentation, I agree with you -- the Lambie Nairn and David Lowe redesign was and is a mess. The 2008 redesign was the best.