It has spent tens of millions to crack the American market, but "The Guardian" is expected to announce another multimillion-pound loss for its American operation next week. Its free content service
has won a decent level of traffic from left-leaning Americans, but rival UK newspaper "The Daily Telegraph" reports that it has yet to be a commercial success. Although Guardian Media Group has
received a GBP619m windfall from selling its stake in Auto Trader, Guardian News and Media is expected to post another heavy loss.
Read the whole story at The Daily Telegraph »
