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The Jewish Chronicle

Squeeze could benefit MidEast coverage

Changes in newspaper ownership could lead to fairer reporting on Israel

December 23, 2008 11:11

By

Alex Brummer,

Alex Brummer

2 min read

Many of the same forces which are reshaping America’s media industry are impacting on Britain’s national newspapers.

The UK has 10 titles battling it out on the news-stands each day, as well as free-sheets and London’s Evening Standard. But industry analysts question whether this can continue in 2009 at a time of falling advertising revenues, competition from the internet and rising newsprint costs.

Indeed, given the intense competition, it is surprising that the UK industry has remained so durable.

Partly, this is about ownership: newspaper proprietorship is as much about prestige and influence as about financial reward, allowing newspapers to defy the normal rules of economics. When a title runs into difficulty there is always a new owner ready to step into the breach. The Jewish owner of Northern and Shell, Richard Desmond stepped in to buy the Express titles (the Daily and Sunday Express and Star) when they came on the market in 2000. And the Barclay Brothers were quick to snap up the Telegraph titles in 2004 when Conrad Black ran into difficulty.