The publisher of The Guardian newspaper, Guardian Media Group, is grappling with financial difficulties as it confronts rising costs and sustained structural challenges due to declining print sales and weak advertising.
The company reported a significant pre-tax loss of £47.5 million in the 12 months up to April 2, in stark contrast to the £142.7 million profit it achieved in the previous year.
Digital Reader Revenues and Turnover Growth
Cost Management and Growth Strategy
She sees these efforts as essential for advancing the company’s strategy, driving revenue growth, and fostering the continued rise in digital reader revenues globally.
