Old rivals the Guardian and Times reach decisive fork in road to survival

Britain’s two oldest quality dailies – the Times, born 1785, and the Guardian, born 1821 – have been fierce, direct competitors since 1959, when the Guardian dropped Manchester from its title. They almost folded into one through the bleak crises of 1966. They’ve endured price wars, strike wars, Wapping wars and much more. But, baby, look at them now.At first glance, perhaps, not much has changed. They both make a loss. They must both count the pennies, cut costs and staff. But beyond the ritual of tough words and tough decisions, something more profound is emerging: a fork in the road that begins to set them on wholly different paths.
http://www.guardian.co.uk/media/2013/jun/16/guardian-times-road-to-survival

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