Who funds the globe and mail
The Globe and Mail is a Canadian newspaper that is owned by Woodbridge Holdings Limited, a private company controlled by the Thomson family. The Thomson family has a long history of involvement in the newspaper industry, dating back to the 19th century.
Woodbridge Holdings Limited is a holding company that owns a number of other businesses and investments, including the Globe and Mail, as well as other media companies, real estate, and financial services. The company is headquartered in Toronto, Ontario, Canada.
The Globe and Mail is funded through a combination of advertising revenue, subscription sales, and circulation revenue. The newspaper also generates revenue through its online presence, including its website and mobile app.
In addition to its core newspaper business, the Globe and Mail also generates revenue through a number of other sources, including:
- Online advertising: The Globe and Mail generates revenue through online advertising on its website and mobile app.
- Subscription services: The newspaper offers a number of subscription services, including digital subscriptions and print subscriptions.
- Data services: The Globe and Mail provides data services to businesses and other organizations, including data analytics and market research.
- Events: The newspaper hosts a number of events throughout the year, including conferences, seminars, and networking events.
- Partnerships: The Globe and Mail partners with other companies and organizations to generate revenue through joint ventures and co-branding initiatives.
It's worth noting that the Globe and Mail is a private company, and as such, it does not disclose its financial information publicly. However, according to reports, the newspaper generates annual revenues of around $500 million to $600 million.