Thursday, August 17, 2006

Profitable for editor and not for newspaper

It was reported in The Times (29.07.06) that Alan Rusbridger, Editor of The Guardian, received £175,000 bonus on top of his £329,000 salary after a year in which the newspaper and its sister Sunday title, The Observer, lost £49.9 million.

Well, its only about 1% (salary and bonus) of the losses. Not much really.

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