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Guardian Unlimited making a million in profit

  • March 27, 2006
  • Mike Butcher
  • MediaBites
  • 0 Comments

Carolyn McCall, chief executive, Guardian Newspapers Ltd confirmed today that the Guardian Unlimited is on course to make a £1m profit online this year. She was speaking at The Media Guardian’s Changing Media Summit.

This is not bad given that the majority of this will be purely from online advertising.

However, the start-up costs for Guardian Unlimited were in the region of £10m…

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