Guardian hides news of losses in story about proprieters
There is a point that quoted companies are backing out of UK newspapers
but the news is not just about a few individuals. Hidden away is the info that
Steady profits have become, in some cases, severe losses; last week, to give one example, the Guardian and Observer reported a cash loss of £33m for last year.
surely this should be in the top paragraph? the news is not so much that proprieters are taking over. Fleet street has always had a few of these. The point is that newspapers are in decline and there is no obvious model for news organisations online.
There may be a sensible plan for the Guardian. But they rarely explain what it is.