The Guardian is expected to report an increase in digital revenues of more than a quarter to almost £70m in the last year, as the future of its national newspaper titles is secured for the forseeable future following a £619m cash injection.
Guardian News & Media – the publisher of the Guardian, Observer and the theguardian.com – will report a 25% rise in digital revenues from £55m to almost £70m in the year to the end of March 2014.
The Guardian’s monthly web browsers stand at more than 80 million, less than half that of the world’s largest newspaper site Mail Online, which says it expects to hit £60m in revenues by the end of September.
The increase in the Guardian’s digital revenues comes as the publisher confirms the safety of its print potfotlio, as the company offcially reveals that the sale of 50.1% of the parent of AutoTrader to joint venture partner Apax will net £619m.
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