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The Scott Trust is the main financial backer for The Guardian - https://en.wikipedia.org/wiki/Scott_Trust_Limited https://en.wikipedia.org/wiki/Scott_Trust_Limi
by edent 11y ago
The Scott Trust is the main financial backer for The Guardian - https://en.wikipedia.org/wiki/Scott_Trust_Limited https://en.wikipedia.org/wiki/Scott_Trust_Limited
Is that the sort of thing you were thinking of?
- takno 11y agoThe Scott Trust isn't exactly a large endowment that can provide the news using the returns from investments. It's an independent ownership model which has enough cash reserves to cushion the Guardian for a while why they get back into profit. If they don't crack the problem of how to make money from the internet they are gone just the same as everybody else.