The Guardian slashes losses amid record sales following The Observer deal Media The Guardian has slashed its losses and achieved a record revenue in the year the media group sold The Observer. The title achieved a revenue of around £275m, according to unaudited figures for the year to 31 March 2025, up from the £257.8m it posted for its prior financial year. The Guardian’s losses, which it [...]
Boss of Mirror publisher quits to join Jockey Club Media The boss of news publisher Reach has left with immediate effect for a new role at the Jockey Club, the UK’s largest commercial horseracing organisation. Jim Mullen, who has been chief executive at the owner of the Daily Mirror, Daily Express and Daily Star since 2019, is leaving by “mutual agreement”, the firm’s board said [...]
The Gregg Wallace scandal is odious. But should it be in the news? Opinion Some think the Gregg Wallace scandal has been overly represented in the news. But is this true? Eliot Wilson reflects on the role of media.
The Independent’s profit soars after TV and US growth October 7, 2024 British online news site The Independent has seen profits soar on the back of its success in TV and US expansion, lining it up for double-digit revenue growth in 2024. In its financial year 2023, operating profit shot up by 82 per cent to £3.5m, from £1.9m the previous year, despite flat annual revenue at [...]
Future shares surge after Marie Claire publisher commits to further cash returns May 16, 2024 Future, the media publisher responsible for outlets like Country Life, Marie Claire and T3, suffered from a fall in revenue, operating profit and earnings per share in its latest earnings statement.