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How much government money are they taking?
by flanked-evergl 2y ago
How much government money are they taking?
- defrost 2y agoRevenue is broken down in the fourth paragraph of the article.
- flanked-evergl 2y agoThat does not seem to account for all their revenue, it does not say what percentage of all revenue comes from tax money.
- defrost 2y agoThe Guardian US expects to hit $44 million in voluntary reader donations in the U.S. and Canada this year, up 33 percent over last year [..]. These contributions account for more than 60 percent of the American operation’s total revenue, which last year exceeded costs by $16 million (the rest of its revenue comes from advertising and philanthropic support from foundations). By my reckoning "more than 60 percent of the American operation’s total revenue" + "the rest of its revenue comes from" adds up to 100 percent. Can you expand on what it is that you feel is not accounted for?
- rsynnott 2y ago… Wait, what makes you think the Guardian is government funded? Which government?
- beezlewax 2y agoI think you are thinking of other businesses here? A certain electronic car manufacturer for example.
- wiether 2y agoIn France the figures are public and funilly enough, two of the three receiving the most public funding are conservative titles. With one of them (Le Figaro) being famous for complaining about how much help the progressives/left titles are getting. https://www.culture.gouv.fr/thematiques/presse-ecrite/tableaux-des-titres-de-presse-aides2 https://www.culture.gouv.fr/thematiques/presse-ecrite/tablea...