With finances plumbing new lows, the Guardian Media Group is considering closing its iconic Sunday paper The Observer after 218 years of publication in favour of a new magazine published on a Thursday.
Guardian Media Group
The Guardian‘s Marx-Engels model
In much the same way that Engels subsidised Marx’s writing career by managing factories in Manchester, Guardian Media Group are supposed to safeguard the Guardian “in perpetuity”. It’s a model that has come under some stress lately, says Peter Kirwan, but it’s one that works.
