logo
The Guardian plots U.S. expansion following record revenue year

The Guardian plots U.S. expansion following record revenue year

Axios06-05-2025
The Guardian is hiring for more than a dozen new editorial roles to support its U.S. expansion after growing its overall revenue year-over-year by 25%, a source familiar with its plans told Axios.
Why it matters: U.K. publications are scrambling to tap into America's lucrative subscription and advertising markets, but The Guardian has found unprecedented success from reader revenue, or donations.
That momentum suggests that progressive U.S. readers are eager for The Guardian's global perspective amid a chaotic domestic news cycle.
By the numbers: The Guardian US is expected to report in coming months that it earned $65 million in revenue last fiscal year which ended in March, according to a source familiar with its finances.
It's also expected to report that revenue from reader contributions made up around 68% of its total U.S. business last year, or around $44 million — a new record.
The rest of its U.S. business last year included around $20 million in advertising and $2 million in philanthropic funding, the source said.
The paper saw notable reader revenue increases following President Trump's inauguration, and after publications with traditionally left-leaning opinion pages, like the Washington Post and the Los Angeles Times, said they would pulling back on presidential endorsements.
State of play: The Guardian's editor-in-chief Katharine Viner told staffers in a presentation last week that the company's U.S. expansion plan focuses on building the outlet's presence in Washington, D.C., according to a Guardian staffer.
In addition to hiring new political journalists, it plans to launch its first-ever U.S. daily news podcast from its New York headquarters. It will add a media reporter and its first-ever science reporter to chronicle shifts in the news landscape and science industry, respectively, under the Trump administration.
The Guardian also plans to expand its soccer coverage significantly ahead of the 2026 World Cup hosted by the U.S., Canada and Mexico.
On the business side, Viner said the company plans to bring its product review site The Filter, stateside, expanding its U.S. business into affiliate commerce.
The paper is also beginning to discuss ways it can host more live events during the World Cup.
What they're saying: A spokesperson didn't push back on the aforementioned numbers.
"This is the latest step in The Guardians plan to be more global, more digital and more reader-funded," they said.
Catch up quick: The Guardian first established a U.S. presence a little over a decade ago, but expansion efforts really began to ramp up following the pandemic.
It added a slew of C-suite leaders to oversee its U.S. presence, including former Time executive Steve Sachs as managing director and former editor-in-chief for The Intercept Betsy Reed as its U.S. editor.
Under Reed, The Guardian US formed an investigations team, a dedicated U.S. soccer desk and expanded its coverage of news-adjacent topics, like wellness.
Zoom out: The Guardian joins a long list of U.K.-based publications expanding in the U.S., including Reach, The Financial Times, Hello! magazine, The Sun, The Spectator and The Daily Mail.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US deficit grows to $291 billion in July despite surge in tariff revenue
US deficit grows to $291 billion in July despite surge in tariff revenue

Yahoo

timea few seconds ago

  • Yahoo

US deficit grows to $291 billion in July despite surge in tariff revenue

(Reuters) -The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday. The deficit for July was up 19%, or $47 billion, from July 2024. Receipts for the month grew 2%, or $8 billion, to $338 billion, while outlays jumped 10%, or $56 billion, to $630 billion, a record high for the month. The month of July this year had fewer business days than last year, so the Treasury said that adjusting for the difference would have increased receipts by about $20 billion, resulting in a deficit of about $271 billion. Gross customs receipts in July grew to about $28 billion from about $8 billion a year earlier due to higher tariff rates imposed by Trump, a Treasury official said. This data builds on tariff-related momentum in the past couple of months, as companies importing goods paid those duties. For the first 10 months of the fiscal year, the Treasury reported a $1.629 trillion deficit, up 7%, or $112 billion, from the same period a year earlier. Receipts were up 6%, or $262 billion, to $4.347 trillion, a record high for the 10-month period, while outlays grew 7%, or $374 billion, to $5.975 trillion, also a 10-month record.

Overseas travel to US continues to tumble as Trump imposes travel bans, tariffs
Overseas travel to US continues to tumble as Trump imposes travel bans, tariffs

New York Post

time2 minutes ago

  • New York Post

Overseas travel to US continues to tumble as Trump imposes travel bans, tariffs

Travel to the US tumbled 3.1% in July — the latest in a slew of monthly declines as the Trump administration imposes strict curbs on travel and pursues tough negotiations on trade. The most recent drop was fueled by a steep pullback from Germany, China and Switzerland, which were down 14.7%, 13.8% and 12.7% respectively, according to the National Travel and Tourism Office, a government agency that works with the Department of Homeland Security and US Customs and Border Protection. Overseas travel to the US has been declining this year, down 3.1% in July, according to government data. Getty Images Advertisement The latest data does not include travel from Canada and Mexico, the two largest feeder markets to the US, but lately both have seen steep drops. Canadians in particular have been canceling trips to the US, offended by President Trump's suggestion that they be annexed to the US as the 51st state. In June, flights from Canada were down 22% and car crossings were down 33%, according to a report by travel trade publication Skift. Advertisement April represents the only exception to the downward trend, possibly because Easter fell in April instead of March. Overseas visitors increased 0.4% in April, but have been down since then. Among the top 20 countries, six increased their travel to the US in July, including Japan by 9.1%, Dominican Republic, by 7.3%, Spain by 6.7% Italy, by 6.3%, Israel by 6.1% and Ireland up by 2.9%, according to NTTO. Spending on promoting the US as a destination was decimated after the the 'Big Beautiful Bill' was passed in April. Brand USA, which promotes travel to the US, lost 80% of its federal funds. Stephen Yang Advertisement Brand USA, a public-private partnership that promotes travel here, saw its federal funds cut by 80% this year. International travelers are especially coveted because they spend more and stay longer. Every 40 international visit supports one US job, according to NTTO. Last week, the largest hotel company in the world, Marriott International, cut its full year forecast for revenue and profits on slowing travel demand for its properties in the US.

Gavin Newsom Just Hilariously Mocked Donald Trump's Posting Style With One Simple Tweet
Gavin Newsom Just Hilariously Mocked Donald Trump's Posting Style With One Simple Tweet

Buzz Feed

time2 minutes ago

  • Buzz Feed

Gavin Newsom Just Hilariously Mocked Donald Trump's Posting Style With One Simple Tweet

Gavin Newsom has been sparring with Texas Governor Greg Abbott over redistricting for the last few weeks. In case you didn't know, the short of it is: Texas is threatening to eliminate five Democratic seats by redistricting, which would give Republicans a huge advantage in the 2026 midterms. In response, Governor Newsom has threatened to counter with his own redistricting map that would eliminate Republican seats in California. Newsom is expected to release a new congressional map of his own next week and has already taken steps to get it approved in a public referendum this November. "You are playing with fire, risking the destabilization of our democracy, while knowing that California can neutralize any gains you hope to make," he said. "This attempt to rig congressional maps to hold onto power before a single vote is cast in the 2026 election is an affront to American democracy." "If you will not stand down, I will be forced to lead an effort to redraw the maps in California to offset the rigging of maps in red states. But if the other states call off their redistricting efforts, we will happily do the same. And American democracy will be better for it." Newsom's press office also posted a tweet that may resonate better with President Trump. "DONALD TRUMP HAS 24 HOURS LEFT TO RESPOND TO GOVERNOR NEWSOM'S LETTER. IF HE DOES NOT STAND DOWN, THERE WILL BE A VERY IMPORTANT PRESS CONFERENCE THIS WEEK WITH A MAJOR ANNOUNCEMENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER." In case you aren't aware, Trump has been ending MANY of his Truth Social rants with "THANK YOU FOR YOUR ATTENTION TO THIS MATTER." And you obviously know he's a fan of an ALL CAPS rant: Needless to say, his press office kind of nailed it. As this person said, "Gavin newsom trying to be a liberal trump is at least very entertaining."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store