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| Britain | |
| al-Guardian has a >$200M Loss for 2015 with more for 2016 | |
| 2016-07-25 | |
| [FinancialTimes] Guardian Media Group (GMG)'s total pre-tax loss will hit £173m as the group belatedly writes down about £80m in the value of its stake in Ascential, the publicly quoted magazine and events company, and takes a £20m restructuring charge over severance payments.... About 270 employees in the UK have agreed voluntary redundancy and GMG is also closing 60 unfilled vacancies. This equates to 20 per cent of the UK workforce...
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| Posted by:lord garth |
| #3 Well once their liberal masters run out of other people's dough, then the magazine will fold like a cheap kite in a gale. |
| Posted by: DarthVader 2016-07-25 18:04 |
| #2 So, the Guardian's application for non-profit status was approved by the IRS? |
| Posted by: Raj 2016-07-25 15:00 |
| #1 But remember, there seems to be an unlimited source of funds to flush down these liberal fishwrap operations at the same time we are told schools have no desks or chairs, orphans are starving and old people are freezing in their garrets. Funny how that works... |
| Posted by: M. Murcek 2016-07-25 13:21 |