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Home Front: Culture Wars
Guardian UK lost USD $50 million in 2013
2013-12-02
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

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).
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