Guardian Media Group

The Guardian Media Group’s operating loss of nearly £70m in the past year is a startling figure. GMG has enormous cash reserves, but the yawning maw of unprofitability snapping seventy million pounds of flesh out of a business in a year could quickly begin to feel terminal. It may be the biggest challenge of the Scott Trust in the last 80 years to figure how to modernise the GMG advertising model without compromising editorial values — if those values haven’t already been compromised.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s