Living Our Values Sustainability Report
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Guardian Media Group Plc Annual Report and Accounts 2009 Securing the Long-Term Future of the Guardian GMG Annual Report 2009
Guardian Media Group plc Annual Report and Accounts 2009 Securing the long-term future of the Guardian GMG Annual Report 2009 Contents 01 Introduction 32 Corporate responsibility 02 Group structure 36 Financial review 03 Financial highlights 42 Corporate governance 04 Statement from the chair 47 Report of the directors 07 Chief executive’s review of operations 49 Directors’ remuneration report 08 Introduction 53 Independent auditors’ report 09 Guardian News & Media 54 Profit and loss account 12 GMG Regional Media 54 Statement of recognised income 15 GMG Radio and expense 17 GMG Property Services 55 Balance sheet 19 Trader Media Group 56 Cash flow statement 22 Emap 57 Notes relating to the financial statements 25 Outlook 87 Group five year review 26 Board of directors 89 Company financial statements of Guardian 28 Statement from the chair of the Scott Trust Media Group plc 30 The Scott Trust directors 99 Advisers GMG Annual Report 2009 Securing the long-term future of the Guardian Guardian Media Group (GMG) is one of the UK’s leading multimedia businesses. The diverse portfolio includes national and regional newspapers, websites, magazines, radio stations and business-to-business media. Our flagship is the Guardian newspaper and website. The Group is wholly owned by the Scott Trust, which exists to secure the ongoing editorial independence of the Guardian. Under this unique form of media ownership the Group is able to take a long-term view as it invests in the future and security of the Guardian’s independent, liberal journalism. www.gmgplc.co.uk -
Annual Report and Financial Statements 2012 1
GMG plc AnnualGMG plc Report and Accounts 2012 Guardian Media Group plc 2012 ANNUAL REPORT AND FINANCIAL STATEMENTS Financial performance Revenue (£m)1, 2 EBITA (before exceptional items) (£m) 3 (Including share of Trader Media Group and Top Right Group (formerly Emap)) 12 254.4 466.7 12 48.4 11 255.1 466.1 11 49.6 10 280.0 476.2 10 37.7 09 310.9 543.4 09 35.8 08 381.6 505.2 08 52.8 (Loss)/profit before taxation (£m) Cash and investment fund (£m) 9 4 (75.6) 12 12 225.8 5 10 11 9.0 11 197.4 (171.0) 106 10 260.8 (96.7) 097 09 267.7 8 11 08 306.4 08 577.5 Debt (net of issue costs) (£m) Net assets (£m) 12 58.7 12 511.9 11 64.9 11 592.0 10 72.5 10 585.9 09 79.6 09 753.9 08 65.9 08 836.3 1 Revenue for 2008 and 2009 has been restated to exclude GMG Regional 7 Includes £24.4 million of fair value losses on forward exchange contracts, Media which became a discontinued operation in 2010. £27.2 million of joint venture fair value losses on interest rate swaps and 2 The dotted lines in 2008 depict Group revenue including share of joint debt, and £26.4 million of subsidiary and associate company impairment venture company Trader Media Group. The dotted lines in 2009 to 2012 of goodwill and other intangibles. depict Group revenue including share of joint venture companies Trader 8 Includes an exceptional gain of £335.2 million broadly in respect of the Media Group and Top Right Group (formerly Emap). -
For Distribution to CP's a Miller 28 September
For Distribution To CP's A Miller 28 September 2011 LEVESON INQUIRY INTO THE CULTURE, PRACTICES AND ETHICS OF THE PRESS WITNESS STATEMENT OF ANDREW MILLER I, Andrew Miller, of Guardian Media Group, Kings Place, 90 York Way London, N1 9GU, WILL SAY as follows: 1. I am the Chief Executive Officer of Guardian Media Group PLC (GMG). I have been the Chief Executive Officer of GMG since July 2010. Unless stated otherwise, the facts set out in this witness statement are within my own knowledge and belief. Copies of the documents to which I refer in this witness statement are shown in the exhibit marked AM1. 2. I make this statement in response to a Notice dated 5 August 2011 served on me under section 21(2) of the Inquiries Act 2005 and the Inquiry Rules 2006, by Lord Justice Leveson, as Chairman ofthe Inquiry. These require me to provide evidence to the Inquiry Panel in the form of a written statement and/ortcrprovide documents as requested in the Notice. 3. GMG and Guardian News and Media Limited have carefully considered the Inquiry’s request to waive privilege and have decided not todo so as a matter of principle. Accordingly anything I say in this witness statement is not intended to waive privilege and should not be read as doing so, WeTiave otherwise done our best to assist the Inquiry as to the general position in relation to issues arising as to the newspapers’ legal procedures 4. The notice states as follows: “If you cannot answer these questions, or take the view that they could be more fully answered by someone else, you must nonetheless provide answers to the extent that you can, and to the extent that you cannot you must provide the Inquiry as soon as possible with names of those who would be able to assist us further.” Where that is the case I have referred to the witness statements of others. -
Is There a Better Structure for News Providers? the Potential in Charitable and Trust Ownership Edited by David A
Is There a Better Structure for News Providers? The Potential in Charitable and Trust Ownership Trust in Charitable and Potential The Providers? News Structure for a Better There Is Is There a Better Structure for News Providers? David A. L. Levy The potential in charitable and trust ownershipy Director Reuters Institute for the Economic turmoil in the news industry and opportunities to use digital Study of Journalism media to improve coverage of specific national and global topics, engage in specialised reporting techniques and improve local and hyper-local coverage have led many observers to suggest alternative ownership Robert G. Picard structures for established and start-up news organisations. Charitable Director of Research ownership structures and trust arrangements are frequently advocated. Is There a Better Structure Although interest in such organisations has grown, there has been Reuters Institute for the little evidence and knowledge about their organisation, governance Study of Journalism arrangements, operational issues and effectiveness, or their positions in for News Providers? law and public policy. Some discussions have been flawed by unbridled idealism and optimism, others by wishful thinking, and some by blissful Contributors ignorance and misconceptions. Nevertheless, the suggestion that alternative ownership and operational form may be useful for addressing Leonard Berkowitz The Potential in Charitable and Trust Ownership contemporary challenges is far too important to disregard. Karen B. Dunlap This book adds information, evidence, and knowledge to the dialogues Neil Fowler taking place. It explores the rationales and context of the push for charitable Edited by David A. L. Levy and Robert G. Picard and trust structures, how structures affect control and operations of news Jeanne-Emmanuelle organisations, and why they are important in the UK and elsewhere. -
1. Sustainability Report 2013
Guardian News & Media Sustainability Report 2013 The whole report section by section • The whole picture • Editorial • Commercial • People • Operations • Community Page 1 of 62 Guardian News & Media Sustainability Report 2013 Sustainability Report 2013 – the whole picture Overview and structure of sustainability at the Guardian Page 2 of 62 Guardian News & Media Sustainability Report 2013 Introduction - Andrew Miller, CEO Guardian Media Group Welcome to Guardian News & Media's Living our Values report for 2012/13 Introduction from Andrew Miller, CEO, Guardian Media Group theguardian.com , Monday 2 December 2013 08.18 GMT Guardian News & Media has to be a leader on CSR/sustainability and I am extremely encouraged by the progress that we have made around our ambitions in this area over the past 12 months, particularly as the pace of change continues to be so great and shows no signs of abating. Sustainability has been a key part of GNM's culture for many years and we take our responsibilities to the environment, staff, and the wider readership very seriously. Being CEO of such an exciting, agenda-setting and growing company I never tire of hearing from staff about how proud they are to work here, or from our readers about how much they enjoy our award-winning journalism, or from our commercial partners about how much they value our platforms – both digital and in the paper. The way we approach how we go about our work is key to this. We are committed to securing the financial and editorial independence of the Guardian in perpetuity and living our values has a key role to play in this. -
Media, Politics and the Refugee Crisis
Thomas Berry Universiteit Leiden MA International Relations Thesis January 2019 Media, Politics and The ‘Refugee Crisis’ Exploring the mechanisms of influence between politics and the press in the case of the UK news media during the 2015 refugee crisis ABSTRACT – In this paper we will explore the complex relationship between the news media and political decision making in the United Kingdom, as well as how that relationship affects an actor’s role in international relations. Focussing on a selection of British newspapers and the government, we analyse the discourse surrounding migration and refugees during the 2015 Refugee Crisis. We observe the intersections of political influence which travel between the press and politicians, and vice versa, as well as the ways in which those influence mechanisms can impact behaviour at the international level. Considering the relationship according to conceptions of normative values and social hegemony we can identify how the discourse informs the national attitude towards particular issues. Media, Politics and The ‘Refugee Crisis’ Thomas Berry Table of Contents 1. Introduction .................................................................................................................................... 2 2. Method ........................................................................................................................................... 5 3. Literature Review ........................................................................................................................... -
How the Guardian Returned to the Black
SMU-19-0XXX UNITED WE THRIVE: HOW THE GUARDIAN RETURNED TO THE BLACK We have to get over this journalistic arrogance that journalists are the only people who are figures of authority in the world. If you can open your site up, and allow other voices in, you get something that’s more engaged, more involved – and actually, I think, journalistically better. - Alan Rusbridger, former editor-in-chief, The Guardian1 As the Guardian Media Group (GMG) senior management team members began celebrating at their King’s Cross, London office, Chief Executive David Pemsel sank onto his chair, still trying to absorb the news. Almost three and a half years after he and Katharine Viner, Guardian News and Media (GNM) Editor-in-chief, had launched a turnaround strategy for The Guardian, it was now the most read quality news brand in the UK.2 The loss-making British media group had also finally turned the corner in May 2019. In January 2016, Viner and Pemsel had announced a three-year business plan to enhance operating efficiency, reduce costs and secure new growth opportunities.3 Some of their key objectives included reducing losses and aiming to break even at an operating level by 2018/19, relaunching an enhanced membership offer to double reader revenues, implementing an advertising model that tracked market trends, and focusing on growing its US and Australian operations, so as to raise their contribution to the overall business.4 The results were nothing short of spectacular. GMG’s revenues for 2018/19 hit £224.5 million (US$288.31 million5), a rise of 3% from 2018.6 This was the third successive year that revenue growth was buttressed by reader revenues, digital advertising and its international operations. -
Guardian Media Group Plc
Registration number: 00094531 Guardian Media Group plc Annual Report and Consolidated Financial Statements for the year ended 29 March 2020 Guardian Media Group plc Contents Company Information 1 Strategic Report 2 to 8 Directors' Report 9 to 10 Statement of Directors' Responsibilities 11 Independent Auditors' Report to the members of Guardian Media Group plc 12 to 14 Consolidated Income Statement 15 Consolidated Statement of Comprehensive Income 16 Consolidated Statement of Financial Position 17 to 18 Consolidated Statement of Changes in Equity 19 Consolidated Statement of Cash Flows 20 Notes to the Financial Statements 21 to 65 Company Financial Statements of Guardian Media Group plc 66 Independent Auditors' Report on the Company Financial Statements 67 to 69 Company Statement of Financial Position 70 Company Statement of Changes in Equity 71 Notes to the Company Financial Statements 72 to 80 Guardian Media Group plc Company Information Chairman Neil Berkett Directors Neil Berkett Annette Thomas Katharine Viner Keith Underwood Jennifer Duvalier Anders Jensen Yasmin Jetha Nigel Morris Baroness Gail Rebuck Rene Rechtman Coram Williams Company secretary Stephen Godsell Registered office PO Box 68164 Kings Place 90 York Way London N1P 2AP Solicitors Freshfields Bruckhaus Deringer LLP 65 Fleet Street London EC4Y 1HS Bankers The Royal Bank of Scotland plc Corporate and Institutional Banking 135 Bishopsgate London EC2M 3UR Independent PricewaterhouseCoopers LLP auditors Chartered Accountants and Statutory Auditors 1 Embankment Place London WC2N 6RH Page 1 Guardian Media Group plc Strategic Report The directors present their strategic report, the report of the directors and the audited financial statements for the Group, comprising the Guardian Media Group plc (the "Company") and its subsidiaries ("the Group"), for the year ended 29 March 2020. -
The Digital Revolution in the Newspaper Industry
Dipartimento di Impresa e Management Cattedra: Corporate Strategy Strategy and business model: The Digital Revolution in the Newspaper Industry 1 TABLE OF CONTENTS Chapter 1 – The Evolution of Press Industry 4 1.1 The origins of the press industry 4 1.2 Three fundamental evolutions in communication system 9 1.3 The first crisis: the birth of Radio and Tv 10 1.4 The Fourth Industrial Revolution: effects on journalism 12 1.5 Main newspaper’s revenue streams 21 Chapter 2 – The Disruptive Wave of the Digital Revolution 25 2.1 Digital disruption of business 25 2.2 New era of communication, a comparison between business models 31 2.3 The online newspaper: a new structure 34 2.4 Google and Facebook, who is ruling the game 40 2.5 Normative landscape and copyright issues 45 Chapter 3 – The reaction of the global press to the Digital Revolution 51 3.1 The Guardian, a British case study 51 3.2 The New York Times, who runs the games 58 3.3 The Washington Post, the winning business model 63 3.4 La Repubblica, an Italian perspective 68 3.5 A business comparison, takeaways from the case studies 71 Chapter 4 – A (theoretical) digitalized business model 77 4.1 People’s trust in newspapers 81 4.2 How to implement a strategic plan 82 4.3 What about the future? 86 CONCLUSIONS 88 REFERENCES 90 2 ABSTRACT In the first chapter of this dissertation, we will analyze the history of the editorial evolution in pills. We will talk about the birth of the newspaper as a tool of information necessary for evolution of society in each of the most important countries in the world: USA, UK and Italy.