Submit your comments on this article |
Home Front: Culture Wars |
Guardian UK lost USD $50 million in 2013 |
2013-12-02 |
![]() Via The Other McCain From TFA: Guardian News & Media has lost nearly £200m in the past six years as it pursues its ambition of being the "world's leading liberal voice". The Guardian's editor-in-chief, Alan Rusbridger, has expressed the wish to "cut our way out" of this perilous financial environment by aggressively expanding into overseas markets. Yet The Guardian's plans are challenged by Britain's most famous international media brand, the BBC, a traditional editorial ally but a fierce rival when it comes to overseas advertising revenues (which the Corporation may earn from its global output). |
Posted by:badanov |
#10 I will miss the Grauniad. They do have the most typos, the best obituaries, and the best series of sports articles of any newspaper. Go back and look at Xan Brooks' epic piece on how John Isner and Nicolas Mahut turned into zombies at Wimbledon 3 years ago. |
Posted by: Eric Jablow 2013-12-02 22:14 |
#9 They recently launched an Australian edition into what is already a crowded left of centre media market here. They must be losing a pile of money in Oz as all the established left wing media is. |
Posted by: phil_b 2013-12-02 15:50 |
#8 Given that they believe that 'value' magically appears from the printing press of the Treasury or the push of a button by the central bank, 'economic creationism' (aka magic money tree) does seem to be central to their understanding of the marketplace. |
Posted by: Procopius2k 2013-12-02 15:33 |
#7 "They want to be the world's leading liberal voice. Trust me: if you are losing $50 million in business, you are a leading voice of liberalism." Snark o' the Day! :-D |
Posted by: Barbara 2013-12-02 15:33 |
#6 >You would think that socialist who throw words around like 'science' and 'scientific' would understand the process of natural selection. Marxism is almost exactly an economic analogue to creationism. |
Posted by: Bright Pebbles 2013-12-02 14:08 |
#5 They need more girly pages like the SUN and Defender-Scimitar! |
Posted by: Skidmark 2013-12-02 14:07 |
#4 You would think that socialist who throw words around like 'science' and 'scientific' would understand the process of natural selection. |
Posted by: Procopius2k 2013-12-02 13:55 |
#3 Markets are unfair---they discriminate against differently gifted. |
Posted by: g(r)omgoru 2013-12-02 10:28 |
#2 Ah, the tyranny of the markets. |
Posted by: Procopius2k 2013-12-02 06:10 |
#1 Well, at least, when it comes to capitalism, they practice what they preach. |
Posted by: Thing From Snowy Mountain 2013-12-02 00:46 |