Tag Archives: the guardian

Time is surely up for the Guardian’s newspaper business

What to do about the Guardian, which announced to staff the other day that it was going to burn through £90m of cash in the year to April. Last year it reported an EBITDA loss of £68.7m and a pre-tax ...

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Guardian faces dismal future without radical surgery

The Financial Times reckons the Guardian newspaper “burnt through” more than £70m in cash last year, which will lead to an attempt to cut costs by £50m over the next three years. And its biggest cost is people. Cutting headcount ...

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Guardian sells most of in-house digital agency to WPP

You wouldn’t usually see the Guardian newspaper (left) and WPP as natural bedfellows (WPP is close to Guardian-hating News Corp, handling all its UK advertising) but now, it seems, they are. WPP’s Kantar research operation has bought a majority stake ...

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Guardian gets £600m lifeline from sale of Auto Trader

The Guardian newspaper is a pillar of the British liberal establishment and a worldwide force after its role in exposing phone hacking at Rupert Murdoch’s British newspapers and hosting Edward Snowden’s revelations of industrial-scale US government cyber-snooping. Unfortunately it’s not ...

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