Company Overview of Guardian News and Media Limited
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.
90 York Way
London, N1 9GU
Founded in 1967
Key Executives for Guardian News and Media Limited
Executive Chairman and Chief Executive
Finance Director and Director
Head of Digital Media Development
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
Jul 9 14
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
Jul 16 13
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.
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