The Guardian breaks even against the odds: ‘We couldn’t have done this without you’
Guardian editor-in-chief Katharine Viner thanks readers and supporters for making our journalism possible in spite of industry and market challenges
Today, we have announced that the Guardian has successfully completed its three-year turnaround strategy — we have hit our goal of breaking even, and made a small operating profit on our path to sustainability. This means that the money we make from advertisers combined with what we receive in the generous support from you, our readers, has this year covered the cost of producing the journalism that informs and inspires millions of people around the world. Our unique ownership model means we are not controlled by a billionaire owner, or a group of shareholders demanding financial returns — any profits made, and all financial contributions from readers, are reinvested directly into our journalism.
We have listened carefully to your thoughts and opinions over the past three years, and this has helped inform the creation of a business model in which our editorial independence remains paramount, and which keeps Guardian and Observer journalism open and accessible to everyone regardless of where they live or what they can afford to pay.