March 04, 2015 12:35 AM ET

Media

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 theguardian.com, a news Website; and the Guardian and Observer newspapers. The company was incorporated in 1907 and is headquartered in London, the United Kingdom. Guardian Media Group plc is a subsidiary of The Scott Trust Limited.

Kings Place

90 York Way

London,  N1 9GU

United Kingdom

Founded in 1907

1,539 Employees

Phone:

44 20 3353 2000

Key Executives for Guardian Media Group plc

Chief Executive Officer, Director, Member of Investment Committee and Chief Executive of Observer Publisher
Chief Financial Officer, Director and Member of Investment Committee
Editor of Guardian Newspapers, Editor-In-Chief of Guardian News & Media and Executive Director
Age: 60
Head of Strategy
Age: 37
Editor of Guardian News & Media
Compensation as of Fiscal Year 2014.

Guardian Media Group plc Key Developments

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.

Guardian Media Group Announces Management Changes

Guardian Media Group has promoted its chief commercial officer and former CMO David Pemsel into the new role of deputy chief executive as the company sets its sights on global expansion. In his new role Pemsel will be responsible for integrating and leading the Guardian's UK, US and Australian businesses to build 'one truly global organisation'. He will work to build the Guardian's domestic functions - which include marketing and audience insight, advertising sales, Guardian Jobs, membership, commercial delivery, consumer revenues and Guardian Labs - into unified global functions. As part of the invigorated international focus, the company is also promoting Tony Danker, who most recently worked to launch Guardian Australia to director of international and partnerships. He will be responsible for managing Guardian News and Media's global partnerships with digital distribution platforms and for identifying new investment areas. As a result of the changes Michael Bloom, Guardian US CEO, is leaving the company to pursue other opportunities in January 2014. David Pemsel joined Guardian News and Media in 2012 as chief marketing officer. He had previously been working for The Guardian on a consultancy basis and helped appoint creative agency BBH.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 2, 2014
Guardian Digital Agency
 

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