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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 development technique. The information group has been dropping cash for years in a digital strategy that can only be described as hoping to purchase market share through aggressive international enlargement, free content material provision, and the assumption that digital advertising would change declining print advertising. The Guardian’s strategy was intently aligned to the discredited digital startup approach of contemplating the burn rate” of its capital as a surrogate for prudent investment.
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