The Guardian halves losses as digital out-earns print for the first time

Guardian Media Group (GMG), the publisher of The Guardian and the Observer has reported its yearly financials, showing that it has halved its losses, a sign that its cost-cutting efforts are paying off.
The news and media wing of the company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of a £18.6m loss, down 52% from 2017 (£38.9m). Costs were down 7% to £240.1m, and revenues were up 1% to £217m.
A notable milestone  is the fact tha