Who Owns Guardian News?

Guardian News is one of the most popular news sources in the world. But who owns it? Read on to find out.

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The Scott Trust

The Scott Trust is a British media conglomerate which owns a number of media outlets, including The Guardian, The Observer and The Guardian Media Group. The Scott Trust was founded in 1936 by Theodore H. White, and is currently chaired by Dame Liz Forgan.

What is the Scott Trust?

The Scott Trust was created in 1936 as a way to protect the independence of The Guardian newspaper. It is a not-for-profit corporation which means that any profits generated by The Guardian are reinvested back into the company to support its journalism rather than being paid out to shareholders.

The Scott Trust is the only shareholding body that can never be sold and its purpose is to safeguard the newspaper’s journalistic freedom. This means that The Guardian can never be bought by another company, even if that company is willing to pay more for it than the Trust itself.

The Trust is made up of a small group of people, all of whom must be approved by the UK’s Competition and Markets Authority. The current members are:

· Editor-in-chief Katharine Viner
· Chief executive David Pemsel
· Deputy editor Paul Johnson
· Head of readers’ editor Siobhan Norton
· Company secretaryoreditors/readerseditor Siobhan Norton

Who owns the Scott Trust?

The Scott Trust was created in 1936 as a way to ensure the editorial independence of the Guardian in perpetuity. The Trust is a private company with only two shareholders: the Guardian Media Group (GMG) and the Resolutions Foundation.

The Trust is chaired by Neil Berkett, who was also chairman of GMG from 2008 to 2016. Other trustees are:

John Allan, Chair, Tesco
Eva Lindholm, Director General, Swedish Press Council
Lena Löfgren-Mårtensson, Director General, Swedish Journalists’ Organisation
Will Hutton, Chair, The Work Foundation
Dame Liz Forgan DBE, Chair of Guardian Media Group plc from 2005-2010; Chair of the Arts Council England from 2011-2016.

The current editor of the Guardian is Katharine Viner; she was appointed in 2015.

What is the purpose of the Scott Trust?

The Scott Trust was created in 1936 as a way to protect the newspaper’s editorial independence, ensuring that it could be passed on to future generations.

The trust is named after CP Scott, the editor of the Manchester Guardian from 1872 to 1929. He famously declared that “comment is free but facts are sacred”.

The trust is a not-for-profit company that does not have any shareholders. This means that its only motive is to serve the public interest by maintaining the high standards of journalism for which the Guardian is known.

The current members of the board of the Scott Trust are:

· David Pitt-Watson (chair)· Alan Rusbridger (vice-chair)· Sir Simon Jenkins· Liz Forgan AO CBE· Sir Nikolaus Pevsner CBE· Natalie Downe

The Guardian Media Group

The Guardian Media Group is a British media company owned by the Scott Trust. The company was founded in 1821 as the Manchester Guardian, and changed its name in 1959. The group consists of Guardian News & Media, which publishes theguardian.com, as well as The Observer newspaper. GMG also owns other media companies such as Guardian Films and Auto Trader Group.

What is the Guardian Media Group?

The Guardian Media Group (GMG) is a British mass media company owning various media outlets, with headquarters in both London and Manchester.

GMG’s core business is Guardian News & Media Limited, publisher of theguardian.com, and The Guardian and The Observer newspapers. The group has a portfolio of investments to support its journalism. These comprise:
Trader Media Group (TMG) is the classified advertising division of Guardian News & Media Limited.
Guardian Financial Publishing Ltd (GFPL), owner of InvestSMART Group Limited, an ASX listed company that provides personal finance education and advice to retail investors across Australia and New Zealand through its website investsmart.com.au as well as other channels including print, radio and television

Who owns the Guardian Media Group?

The Scott Trust Limited is a private company which owns the Guardian Media Group. The group itself is comprised of Guardian News and Media Limited, the publisher of theguardian.com, and the Scott Trust which exists to secure the newspaper’s financial and editorial independence.

The group also has interests in other media including Auto Trader Group, an online classified advertising business; Eminet Ltd, a provider of IT services; and Emap plc, a business-to-business publisher.

What is the purpose of the Guardian Media Group?

The Guardian Media Group (GMG) is a British mass media company owning various media outlets, with headquarters in both London and Manchester.

The group’s primary business is Guardian News & Media Limited, publisher of theguardian.com, and owns other news media brands such as the i, the Observer and the Autocar magazine. It also holds majority stakes in GMG Radio and Trader Media Group.

In addition to its news and information websites, GMG owns a number of businesses in other sectors ranging from property to events management. Its largest non-controlling investment is in APAX Partners, a private equity firm.

The Guardian

The Guardian is a British daily newspaper. 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.

Who owns the Guardian?

The Scott Trust was created in 1936 with the sole purpose of ensuring the journalistic independence of the Guardian in perpetuity. It is a company limited by guarantee with no share capital, and its core purpose is to secure the financial and editorial independence of the Guardian in perpetuity. The company has just one class of asset: its ownership of Guardian News & Media Limited (GNM).

In 2016, GNM had an operating profit before tax and exceptional items of £800,000 on revenues of £223m. GNM’s netassets were £744m. The Scott Trust Limited reported total assets of £1,018m.

The sole purpose of the Scott Trust is to secure the financial and editorial independence of the Guardian in perpetuity; it therefore does not have shareholders or owners. The members of the company are trustees who do not benefit financially from their involvement. There are currently 12 trustees, including four independent National Newspaper Editors, who between them have wide experience of both journalism and business.

What is the purpose of the Guardian?

The Guardian is a British daily newspaper. 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. The trust was 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”. The Scott Trust became a limited company with a constitution in 2005, which subsequently transferred full ownership of the group to a charitable foundation, the Scott Trust Limited.

Conclusion

In conclusion, it is difficult to say who owns Guardian News. The company is owned by a trust, and the trustees are not required to disclose their identities. However, it is clear that the trust is controlled by a small group of individuals.

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