LONDON, Jan 15 - UK’s *Guardian*newspaper has adopted a new tabloid format and a re-designed masthead with simple black lettering from today as part of a drive to cut costs.
The left-leaning newspaper previously had a blue and white masthead and in 2005 had adopted a Berliner format, midway between a broadsheet and a tabloid .
“Our move to tabloid format is a big step towards making *The Guardian* financial sustainable,” the paper’s editor-in-chief Katharine Viner said in a piece for the first new edition.
She called it “bold, striking and beautiful”.
*The Guardian* is selling or scrapping its three presses worth £80 million (RM435.3 million) to cut costs and printing will be outsourced to tabloid-format presses run by Trinity Mirror media group.
The website, which attracts 150 million monthly unique browsers worldwide, has also undergone a redesign.
The company is aiming to break even by April 2019, mainly through cutting costs and boosting digital ad revenue to make up for a sharp decline in print ad revenue. — AFP