August 22, 2014 6:31 AM ET

Media

Company Overview of Guardian News and Media Limited

Company Overview

Guardian News and Media Limited publishes newspapers and a news Website in the United Kingdom. It also publishes a news Website in the United States. The company was formerly known as Guardian Newspapers Limited and changed its name to Guardian News and Media Limited in October 2006. Guardian News and Media Limited was incorporated in 1967 and is based in London, United Kingdom. Guardian News and Media Limited operates as a subsidiary of Guardian Media Group plc.

Kings Place

90 York Way

London,  N1 9GU

United Kingdom

Founded in 1967

Phone:

44 2033 532 000

Fax:

44 2077 134 471

Key Executives for Guardian News and Media Limited

Executive Chairman and Chief Executive
Editor In Chief
Age: 60
Finance Director and Director
Chief Operating Officer
Head of Digital Media Development
Age: 52
Compensation as of Fiscal Year 2014.

Guardian News and Media Limited Key Developments

Guardian News and Media Reports Earnings Results for the Full Year Ended March 30, 2014

Guardian News and Media reported earnings results for the full year ended March 30, 2014. The company registered a £30.6 million loss, despite years of investment in its digital and international businesses. The company narrowed its underlying operating losses to £19.4 million, compared with £26.6 million the previous financial year, as the group generated strong digital revenue growth, helping to offset broadly flat print revenue.

Guardian News and Media Limited Reports Earnings Results for the Year Ended March 2013

Guardian News and Media Limited reported earnings results for the year ended March 2013. For the year, the company reported digital revenue increases helped the company cut its losses significantly to £30.9 million. The figure represents an improvement from the year beforehand when the publisher recorded a loss of £44.2 million, with total revenue for the 12 months to March 2013 hitting £196.3 million compared to £194.4 million in 2012. The company also announced digital revenues increased 28.9% year on year to hit £55.9 million, outstripping the ongoing decline in print revenues which totalled £140.4 million during the period. The company also reported a pre-tax loss of £30.9 million compared to £44.2 million a year earlier. This reduction in GNM's losses has been aided by its both its digital revenue increase plus a series of cost-cutting measures, including a number of redundancies among its editorial department, made throughout the period.

The Guardian Appoints Wolfgang Blau as Director of Digital Strategy

The Guardian has appointed chief editor of German publication Zeit Online, Wolfgang Blau, to the new role of director of digital strategy as it looks to better capitalise on the scale of its online audience. Blau will work across Guardian News and Media's (GNM) editorial and commercial teams to develop digital content and products to grow its online audience and boost the company's appeal to advertisers. When he joins in April next year he will report jointly to chief executive officer Andrew Miller and editor in chief Alan Rusbridger.

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