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November 27, 2015 9:43 PM ET


Company Overview of Guardian Media Group plc

Company Overview

Guardian Media Group plc, through its subsidiaries, engages in the dissemination of news, information, and advertising material by way of digital and print media in the United Kingdom and internationally. It publishes, a news Website; and the Guardian and Observer newspapers. The company was incorporated in 1907 and is headquartered in London, the United Kingdom. As of November, 2014, Guardian Media Group plc operates as a subsidiary of VT Holdings Co. Ltd.

Kings Place

90 York Way

London,  N1 9GU

United Kingdom

Founded in 1907

1,650 Employees

Key Executives for Guardian Media Group plc

Chief Executive Officer and Director
Chief Financial Officer and Member of Investment Committee
Editor-In-Chief of Guardian News & Media and Director
Company Secretary
Revenue Director
Compensation as of Fiscal Year 2015.

Guardian Media Group plc Key Developments

Guardian Media Group Announces Executive Changes, Effective July 1, 2015

Guardian Media Group has promoted David Pemsel to the role of chief executive. Pemsel, currently deputy chief executive of Guardian News & Media succeeds Andrew Miller. Pemsel, a former ITV marketing director, was promoted to deputy chief executive in 2013 from his position as chief commercial officer. Pemsel, who takes up his new role on July 1, 2015 will manage the commercial, investment and financial strategy of GMG. Pemsel will work closely with Katharine Viner, who was appointed as the new editor-in-chief of the Guardian in March, 2015.

Guardian Media Group plc Reports Earnings Results for the Year Ended March 30, 2014

Guardian Media Group plc reported earnings results for the year ended March 30, 2014. For the period, the company reported profit attributable to the equity shareholders of GBP536.7 million for the year ended March 30, 2014, compared to GBP33.2 million for the year ended March 31, 2013. Revenue for the year ended March 30, 2014 was GBP210.2 million, compared to GBP196.8 million for the year ended March 31, 2013. Operating loss for the year ended March 30, 2014 was GBP48.3 million, compared to an operating loss of GBP53.7 million for the year ended March 31, 2013.

Guardian Media Group plc Reports Earnings Results for the Full Year Ended March 30, 2014; Provides Revenue Guidance for the Full Year of Fiscal 2015

Guardian Media Group plc reported earnings results for the full year ended March 30, 2014. The Guardian has credited a strong editorial performance - which included its NSA revelations that dominated the global news agenda - the launch of its Guardian Labs branded content agency and its above the line marketing activity for a ‘stellar’ year of revenue growth in 2013. Group revenue from continuing operations grew 6.8% year on year to 210.2 million, with 2013 restated to exclude the company's share of the Trader Media Group it disposed of last year, as well as radio and the Property Services Group. The disposal of Trader Media Group helped lead to a threefold increase in the group's cash and investment fund, to £842.7 million and saw profit before tax rising from £523.3 million to £549.2 million. Going forward, the Guardian Media Group is looking to increase revenues both online and offline in fiscal 2015 by offering membership services to leverage its loyal audience.

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