The Guardian and
Observer have narrowed annual losses to just over GBP30m -- to the end of March -- thanks to digital revenues growing by a quarter. Guardian News and Media (GNM)
reported a 6.8 percent rise in revenue to GBP210.2m. Print revenues remained flat at GBP140m, while digital shot up by 24 percent to GBP69.5m. Digital revenues were aided by the papers' relaunched
mobile apps receiving 840,000 users and exceeding paid-for premium version expectations.
Read the whole story at The Guardian »
