Scott Trust Limited | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-06

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Scott_Trust_Limited


00:01:38 1 History
00:01:47 1.1 1936–1948
00:02:33 1.2 1948–2008
00:05:14 1.3 The Scott Trust Limited: 2008–present
00:08:13 2 The Scott Trust Board
00:08:23 2.1 Current members
00:08:32 2.2 Past members
00:08:41 3 The Scott Trust Foundation



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SUMMARY
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The Scott Trust Limited is the British company that owns Guardian Media Group and thus the Guardian and the Observer as well as various other media businesses in the UK. In 2008, it replaced the Scott Trust, which had owned the Guardian since 1936.
The company is responsible for appointing the editor of the Guardian (and those of the group's other main newspapers) but, apart from enjoining them to continue the paper's editorial policy on "the same lines and in the same spirit as heretofore", it has a policy of not interfering in their decisions. The arrangement tends to give editors a long tenure: for example, the last incumbent, Alan Rusbridger, was there from 1995 until 2015.
The current chair of the Scott Trust Board is Alex Graham, who replaced Liz Forgan in 2016. Other board members include the current editor-in-chief Katharine Viner, Guardian finance editor Nils Pratley who is the journalist director of the board, and one member of the Scott family.The Scott Trust is a limited partner in GMG Ventures LP, founded in 2017, whose Chairman & Co-Founder is David Skipwith Pemsel as of December 2018.  
 According to the GMG 2018 annual report, "this £42m venture capital fund is designed to contribute financial returns and to support GMG’s strategy by investing in early stage businesses focused on developing the next generation of media technology".