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Guardian News & Media to cut costs by 20%

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Curated: 25/01/2016 from www.theguardian.com/media/2016/jan/25/guardian-news-media-to-cut-running-costs?CMP=share_btn_tw
Guardian News & Media to cut costs by 20%

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The might of Google and Facebook in the digital market, combined with structural changes such as the growth of mobile, which is proving harder to monetise than print, has increased the pace of change since last summer...
Guardian Labs, its branded content division launched in 2014, to “make a far, far greater contribution” over the next three years. At the moment the division contributes 16% of all revenue.

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The above notes were curated from the full post www.theguardian.com/media/2016/jan/25/guardian-news-media-to-cut-running-costs?CMP=share_btn_tw.

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