Guardian Media Group

The Group's annual report (for the year ending 2 April 2023) indicated that the Scott Trust Endowment Fund was valued at £1.24 billion, while in 2021 it was valued at £1.14 billion.^[2]

GMG's core business is Guardian News & Media Limited, publisher of theguardian.com, and The Guardian and The Observer newspapers. Guardian News & Media was formed as Guardian Newspapers Limited in 1967, adopting its present name in 2006.


The group has a portfolio of investments to help support its journalism.^[23] They comprise:


Guardian Media Group exists to support the core purpose of its owner, Scott Trust Limited: to secure the financial and editorial independence of The Guardian in perpetuity,^[24] but in the 2011/12 year the group lost £75.6 million,^[25] and for the three years up to June 2012, the paper itself lost £100,000 a day - leading The Economist's Intelligent Life magazine to question whether The Guardian can survive.^[26] In late 2013, GMG sold their GMG Property Services Group to private equity firm Lloyds Development Capital (rebranded to Property Software Group), citing that it would allow them to focus on investing in the core part of their business—Guardian News and Media.^[27] In 2014, The Guardian launched a membership scheme, aiming to avoid introducing a paywall and maintaining open access to the website. As of 2018, this approach was considered successful, having brought more than 1 million subscriptions or donations, with the paper hoping to break even by April 2019,^[28] a goal they achieved in May 2019.^[29]