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The Guardian introduced 20% budget cuts (£50 million; $72 million) and stretched the credibility of corporate public relations by presenting them progress technique. The information organization has been losing cash for years in a digital strategy that can only be described as hoping to buy market share by aggressive international growth, free content material provision, and the belief that digital promoting would change declining print promoting. The Guardian’s strategy was carefully aligned to the discredited digital startup approach of considering the burn price” of its capital as a surrogate for prudent investment.
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