Who controls The Scott Trust?
Guardian Media Group
The Scott Trust Limited is the British company that owns Guardian Media Group and thus The Guardian and The Observer as well as various other media businesses in the UK….Current members.
| Name | Joined | Position |
|---|---|---|
| Ole Jacob Sunde | 2015 | Chair of the Scott Trust Limited board (2021 – present) |
What is important about The Scott Trust ownership of the Guardian?
The Scott Trust was originally created in 1936 to secure the financial and editorial independence of the Guardian in perpetuity and to safeguard the journalistic freedom and liberal values of the Guardian free from commercial or political interference.
Who finances The Scott Trust?
GMG Ventures
The Scott Trust has committed to investing, as part of its endowment fund investment strategy, £42m in GMG Ventures, a venture capital fund designed to contribute financial returns to secure the long term future of the Guardian and to support the Group’s strategy by investing in early stage businesses focused on …
Who really owns the Guardian newspaper?
The Guardian is owned by Guardian Media Group, which has only one shareholder – the Scott Trust. The Scott Trust, named after our longest serving editor, CP Scott, exists to secure the financial and editorial independence of the Guardian in perpetuity.
What party is The Guardian?
The Guardian
| The Guardian front page on 28 May 2021 | |
|---|---|
| Political alignment | Centre-left |
| Language | English |
| Headquarters | Kings Place, London |
| Country | United Kingdom |
Where does The Guardian get its money from?
Well over half of the Guardian’s income comes directly from readers, despite the business declining to follow many of its equivalent publications and put up a paywall. Online revenues were also aided by strong growth at the company’s US and Australia editions.
Who is the current editor of the Guardian?
Katharine Viner
Katharine Viner is editor-in-chief of the Guardian, a position she has held since June 2015.
Is the Guardian a trust?
It was founded in 1821 as The Manchester Guardian, and changed its name in 1959. Along with its sister papers The Observer and The Guardian Weekly, The Guardian is part of the Guardian Media Group, owned by the Scott Trust. It is considered a newspaper of record in the UK.
Where does the Guardian get its money from?
How much is the Guardian worth?
The Guardian Media Group’s owner, the Scott Trust Endowment Fund, reported that its value at the time was £1.01 billion (2017: £1.03 billion).
What is the Scott Trust and why is it important?
The Scott Trust was originally created in 1936 to secure the financial and editorial independence of the Guardian in perpetuity and to safeguard the journalistic freedom and liberal values of the Guardian free from commercial or political interference.
Is Guardian News and Media owned by Scott Trust?
Guardian News and Media, a subsidiary of the Scott Trust Limited, reported a loss of £30.9 million for the year to the end of April 2013. The company via the Guardian Media Group (GMG, a subsidiary company) completed the sale for £619 million of its 50.1% stake in Auto Trader on 4 March 2014.
What is the outcome of the Scott Trust Governance Review?
The Scott Trust, the sole shareholder of Guardian Media Group, today announces the outcome of its governance review announced in April 2021. The review clarifies the roles of the Scott Trust and Guardian Media Group boards, and concludes that the GMG board would benefit from more direct news media sector experience.
Who is the Scott Trust Board?
The Scott Trust board. Formal responsibilities for the board include preserving the editorial independence of the Guardian in perpetuity and to monitor the financial management and overall strategy of the group.