As of July 2021, its print edition had a daily circulation of 105,134. Since 2018, the paper's main newsprint sections have been published in tabloid format. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. It is considered a newspaper of record in the UK. Profits are reinvested in its journalism rather than distributed to owners or shareholders. The trust was converted into a limited company in 2008, with a constitution written so as to maintain for The Guardian the same protections as were built into the structure of the Scott Trust by its creators. The trust was created in 1936 to "secure the financial and editorial independence of The Guardian in perpetuity and to safeguard the journalistic freedom and liberal values of The Guardian free from commercial or political interference". Along with its sister papers, The Observer and The Guardian Weekly, The Guardian is part of the Guardian Media Group, owned by the Scott Trust. It was founded in 1821 as The Manchester Guardian, and changed its name in 1959. The Guardian is a British daily newspaper.
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