Guardian News and Media”s losses are in line with last year’s £33.7m figure. Insiders say this is ‘heroic’ in view of revenue decline, booming investments mean only £7m has been raided from Guardian Media Group‘s £268m piggybank.
The smart money is on a sell-off of the group’s 50.1 per cent Trader Media Group stake in 2012 and an Emap sale or flotation in 2015.
Peter Kirwan has the inside track on the GMG results on his Media Money blog (click on link below).
Related
Content from our partners
Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog
