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July 9, 2014updated 14 Jul 2014 2:24pm

Guardian set to launch paid-for membership scheme as chief exec reveals losses are now ‘sustainable’

By Dominic Ponsford

Guardian News and Media is planning to launch a paid-for membership scheme in the autumn as it seeks to further beef up its digital revenues.

Yesterday, the title announced digital revenue was up 24 per cent year on year to £69.5m, and turnover was up £14m to £210m.

Investment in launching the membership scheme, and in launching Guardian Australia, were both listed among £11m of one-off costs which left GNM with total losses for the year to March 30 of £30.4m.

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