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Corporate reports and policies

Corporate reports and policies

The Guardian10-04-2025

Sustainability reports
Sustainability Report 2023/24
Sustainability Report 2022/23
Positive Impact and Sustainability Report 2021/22
Positive Impact and Sustainability Report 19/20
Equality reports
Guardian News & Media gender and ethnicity pay gap report 2023/24
Guardian News & Media gender and ethnicity pay gap report 2022/23
Guardian News & Media gender and ethnicity pay gap report 2021/22
Guardian News & Media gender and ethnicity pay gap report 2020/21
Ethnicity pay gap report
Guardian News & Media ethnicity pay gap report 2019
Gender pay gap report
Guardian News & Media gender pay gap report 2019
Guardian News & Media gender pay gap report 2018
Guardian News & Media gender pay gap report 2017
Working report
Working report 2018
Tax strategy
Guardian Media Group tax strategy 2025
Guardian Media Group tax strategy 2024
Guardian Media Group tax strategy 2023
Guardian Media Group tax strategy 2022
Guardian Media Group tax strategy 2021
Guardian Media Group tax strategy 2020
Guardian Media Group tax strategy 2019 Modern slavery report
Modern Slavery report 2024
Modern Slavery report 2023
Modern Slavery report 2022
Modern Slavery report 2021
Modern slavery report 2020
Modern slavery report 2019
Sourcing policy and values
Sourcing policy
Sourcing values
GMG Governance Code
GMG Governance Code
Anti-bribery and corruption policy
Anti-bribery and corruption policy
Committees
The full terms of reference for our Nominations Committee can be seen here
The full terms of reference for our Audit Committee can be seen here
The full terms of reference for our Remuneration Committee can be seen here

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Hollywood's biggest studio to split as viewers switch off traditional TV
Hollywood's biggest studio to split as viewers switch off traditional TV

Telegraph

time2 hours ago

  • Telegraph

Hollywood's biggest studio to split as viewers switch off traditional TV

Warner Bros Discovery is splitting in two just three years after it was formed in a $43bn (£32bn) mega-merger, as viewers switch off from traditional TV. The Hollywood media giant has announced plans to break off its streaming and studios businesses from its traditional TV networks, which include CNN and Discovery. Bosses said the move would unlock value for shareholders and create new opportunities for growth at both businesses, including potential mergers with other legacy TV channels. The break-up, which will create a bonanza of fees for bankers and lawyers, underscores efforts by US media giants to separate their rapidly growing streaming divisions from their declining traditional TV networks. Comcast, the US owner of Sky, recently announced plans to split its cable networks, which include MSNBC and CNBC, from its streaming and studios businesses. Warner Bros Discovery (WBD) was formed in 2022 through a merger between Warner Media and Discovery with the aim of creating a major media powerhouse for the streaming age. But shares have slumped almost 60pc since then, amid tough competition and as cable viewers continue to switch off. Investors have also baulked at WBD's huge debt pile, which stood at $38bn at the end of March. 'Sharper focus and flexibility' David Zaslav, the chief executive of WBD, said: 'The cultural significance of this great company and the impactful stories it has brought to life for more than a century have touched countless people all over the world. It's a treasured legacy we will proudly continue in this next chapter of our celebrated history. 'By operating as two distinct and optimised companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today's evolving media landscape.' The split will create a new streaming and studios arm housing the Warner Bros film and TV production groups – DC Studios, HBO and HBO Max – and the group's studio spaces in Leavesden and California. The other division, called Global Networks, will encompass WBD's traditional TV brands around the world. Mr Zaslav will lead the streaming and studios division, while Gunnar Wiedenfels, the current chief financial officer, will head Global Networks. Both executives will remain in their present roles until the separation, which is expected to be completed by the middle of next year. Setback for Sky The move is not expected to have a major impact on the UK, where WBD is preparing to launch its HBO Max streaming service early next year. Subscribers will be able to watch high-end US dramas such as House of the Dragon, White Lotus and Succession. The launch marks a setback to Sky, which previously held exclusive rights to show HBO programming in the UK. While HBO Max will be bundled into Sky at no extra cost, meaning viewers will still have access to these shows, the deal will no longer be exclusive. In a further challenge to Sky, HBO Max will also be home to sports programming from TNT Sports. WBD is currently in discussions to take full ownership of TNT by buying BT's 50pc stake in the joint venture. WBD said the majority of its debt will be spun off into the networks division. The company plans to restructure its debt using a $17.5bn loan from JP Morgan, which will be refinanced prior to the separation. The Global Networks division will also take a 20pc stake in the streaming and studios business, which it will gradually sell off to help pay down debt. Shares in WBD rose 7pc following the announcement.

Politics and ‘free media' can meet demands of moment, Albanese to say, after journalist shot with rubber bullet in US
Politics and ‘free media' can meet demands of moment, Albanese to say, after journalist shot with rubber bullet in US

The Guardian

time3 hours ago

  • The Guardian

Politics and ‘free media' can meet demands of moment, Albanese to say, after journalist shot with rubber bullet in US

Anthony Albanese says government and democratic institutions 'including a free media' can meet the demands of global uncertainty, despite both facing growing attacks around the world. A day after an Australian journalist was shot with a rubber bullet while covering street protests in Los Angeles, the prime minister will use an address to the National Press Club to argue distrust can be countered through economic stability and keeping election promises. 'It is the more corrosive proposition that politics and government and democratic institutions, including a free media, are incapable of meeting the demands of this moment. 'Some simply dismiss such sentiment. Others cynically seek to harvest it. Our responsibility is to disprove it.' Sign up for Guardian Australia's breaking news email Days ahead of a visit to the US and Canada for the G7 summit and possible face-to-face talks with Trump, Albanese will say Labor's success in improving Medicare, increasing educational attainment and managing the economy matters for trust in democracy. Emboldened by a stronger-than-expected win in the 3 May election, Albanese has spent the subsequent four weeks reshuffling his frontbench and touring disaster areas. As planning for his second term continues, he is expected to outline immediate priorities for the return of parliament on 22 July and speak about his approach to Trump's growing tariff regime. Albanese will say the government plans to offer a stronger and fairer country, with strength in manufacturing, renewable energy and 'urgent necessities', and reduce frustration through better provision of government services. 'To recognise that some of this frustration is drawn from people's real experience with government - be it failures of service delivery, or falling through the cracks of a particular system,' the preview of his speech reads. Albanese is expected to use Australia's critical minerals and rare earths as a bargaining chip with the US, offering preferred access in a bid to secure exemptions from steel and aluminium tariffs from Trump. The UK government has secured an exemption from 50% tariffs introduced by Trump, through a deal signed with the US last month. Albanese's speech highlights Australia has a 'comparative advantage' from space to to co-locate refining and processing, as well as specialist manufacturing and data centres. Sign up to Breaking News Australia Get the most important news as it breaks after newsletter promotion Negotiations about a meeting between Albanese and the US president on the sidelines of the G7 summit in Alberta are continuing this week. So far, the pair have only spoken over the phone. The opposition leader, Sussan Ley, will address the Press Club on 25 June to outline a new style of Liberal party leadership that is more consultative, inclusive and collaborative. Peter Dutton shunned the traditional forum to speak to journalists in Canberra during his three-year tenure as opposition leader. Ley's speech is expected to reveal how the Coalition will rebuild from its election drubbing, with a focus on the values and priorities that will guide her leadership. 'Aspiration is the thread that connects every single part of Australian society and by focusing on that, the Liberal party can once again earn the trust of communities across the country,' Ley said in a statement.

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