Tag Archives: Independent

The Independent, Mecom – and what David Montgomery thought of it all

More twists and turns in the Independent and Mecom sagas today.

Independent News and Media (at time of writing) has failed to reach an agreement with bondholders – the company was meant to reach a deal on the £179 million bond by May 18, but is now seeking a ‘standstill’ period.

Meanwhile newspaper publisher Mecom has secured yet another convenant extension, raising about £140 million in new equity from shareholders, but also announced 500 job cuts.

The news has triggered a memory for blogger Kristine Lowe of a journalism conference in 1997 2007, where Mecom boss David Montgomery responded to an assertion by the Telegraph that there was no reason for the Independent or Guardian to exist:

“I didn’t say that. The Telegraph did. But in general I think companies should make money. I think it’s demeaning for people to work for companies that don’t,” he told Lowe at the time.

How very apt.

Why the PCC didn’t appear at Frontline event and Steve Hewlett’s take on UK press regulation

The increasingly heated UK press regulation debate continued this week. Yesterday saw former PCC chair, Sir Christopher Meyer, appear on BBC Two’s Daily Politics Show, to defend the body, with criticisms offered by Roy Greenslade.

And here’s an update from an event a few weeks ago during which the Independent’s editor, Roger Alton – a former PCC member – defended the body at a debate hosted at the Frontline Club (reported at this link by Press Gazette). The event is still well worth a watch if you have the time, with a mixed line-up led by Radio Four Media Show’s Steve Hewlett.

Alton, along with Steven Barnett, special advisor for the Media Standards Trust report  ‘A More Accountable Press, Part One’, and Albert Scardino, the broadcaster and commentator, hotly debated the current state of affairs.

Alton: “I don’t want to be the only person live on the web speaking up for the PCC.”

Debate host Steve Hewlett said that the PCC had been invited to participate but had chosen not to. Following the claim up, Journalism.co.uk asked PCC director Tim Toulmin why not. He said it was for a couple of reasons:

“First, we are focusing on the select committee inquiry at the moment, and think that the time to debate these big issues is within the context of their report, which of course is a more serious enterprise than the Media Standards Trust’s effort. Secondly, our dealings so far with the MST have shown them to be rude and not particularly well informed – which may sound harsh, but is a reason for not wanting to spend a precious evening being further exposed to their nonsense.”

That’s straight from the press regulation horse’s mouth.

Alton had also been particularly candid and, erm, descriptive in his language during the event – especially before he realised it was going out live. For example:

Alton: “The McCanns was a thing of such astonishing ghastliness by the press, you do indeed feel like viscerating your own bladder with it. I mean, it’s absolutely awful. But you can’t say the whole industry is fucked (…) What’s the basis for this conversation? It’s fairly confidential?”

Hewlett: “It’s being confidentially live broadcast…”

Alton’s face as he looks up to the camera, shown below:

rogeralton

Broadcaster and writer Steve Hewlett offered his take on the debate to Journalism.co.uk at the end of the Frontline event. For Hewlett, the issue is maintaining freedom of expression. “I think the press has always been disliked and it’s always been held in low regard (…) journalists may just be bottom feeders, but democracy is needed. You wouldn’t expect the press to be popular and well-thought of and I’m not surprised by that.”

“Multiplicity of regulation is one of the things that guarantees freedom of expression in a country that is prone to regulating everything out of existence if it can,” he told Journalism.co.uk.

“The last thing you’d want is everyone regulated in the same way,” he added.

Robert Peston is able to have freedom in his BBC blog, but he also has quite a lot of restrictions on what he can say, Hewlett added. “For example, the level of proof the BBC will insist is at a higher level than many of their City [correspondent] counterparts [in newspapers].

“Traditional media that don’t deliver value are going to go out of business,” Hewlett said, adding that there are ‘probably one too many papers’ in the UK.

Hewlett said that the Media Standards Trust had ‘opened the door’ to criticism by the PCC in its review of UK press regulation, for which it consulted an independent peer review group for part one of the ‘A More Accountable Press’ report.

“If you look at the statistics [cited in the report] it’s so easy to question,” Hewlett said, referring to specific examples in the report – for example, that ‘only 0.7 per cent of complaints are adjudicated on’. But, Hewlett said, that omits complaints dealt with by mediation rather than adjudication and complaints that are on the same issue.

While saying that he ‘held no candle’ for the PCC at all, Hewlett said the fact the MST’s authors had been ‘partial’ in the way they presented their data, and that they didn’t raise issues with the PCC prior to publication led to an ‘open goal’ for Sir Christopher Meyer and the PCC, who were able to say the report was partial, misleading and that the PCC hadn’t been appropriately consulted.

MediaGuardian: Sir Anthony O’Reilly leaves Independent News&Media

“Sir Anthony O’Reilly, the chief executive of the Independent’s owner Independent News & Media, has announced he will retire in May, with his son Gavin O’Reilly replacing him with immediate effect,” reports MediaGuardian.

Full story at this link…

Independent.co.uk: Does it matter that UK regional papers are in crisis?

A big question indeed from the Independent’s Ian Burrell. He takes a look at issues affecting the performance of UK regional press and presents the ‘for’ and ‘against’ views on whether the ‘crisis’ matters.

Have regionals ‘had their day’? “Not at all,” the article says, at one point. “An impressive 82 per cent of UK adults read local newspapers, a level of penetration matched by no other medium except television.”

Full story at this link…

Hubdub introducing ads to website

Hubdub – the prediction site where users bet virtual money on news events – is to introduce advertising onto the website.

In an official blog post, Hubdub said it would be trying out Google Adsense as well as display advertising.

The company hopes the advertising will not negatively effect the look or functionality of the site, which recently signed deals with the Independent and Reuters to feature their news stories on the website.

MediaGuardian: Some Independent technical staff to move to Associated Newspapers

MediaGuardian reports that it ‘understands’ that ‘some technical staff’ at the Independent and Independent on Sunday “are expected to become formally employed by Associated Newspapers under the two companies’ office sharing agreement.” Full story at this link…

Evening Standard: Save Independent, take it online-only, says Greenslade

“INM must scrap printing in favour of uploading,” argues the media commentator Roy Greenslade.

“It will save trees, save ink, wipe out all production costs and eliminate the expense of distribution. It will enable INM to prune its marketing budget. In so doing, the paper will take a giant step into the digital age.”

What-gate? Can the media just make up their minds on what to call the Brand/Ross/Sachs fiasco?

Little did the architects behind the office/hotel complex at the heart of the Nixon affair (doesn’t sound right does it?) know what an impact the building’s name would have on the British media.

It’s a legacy which has given British newspaper journalists an easy way to coin a name for the latest ‘scandal’ (scandal defined in its broadest sense: we have Flakegate, after all).

But when it comes to last week’s BBC outrage no-one seems to know which gate to stick with:

Media Guardian alone refers to Sachsgate, Granddaughtergate and Manuelgate.

We’ve seen Rossgate from the Telegraph, Brandgate from the Independent. For readers’ sake, since the coverage really doesn’t seem to be letting up, let’s have an agreed gate.

And some consistency please: should the named gate namesake be the perpetrators, or the victims of the ‘scandal’? That particular detail often bothers me: we’ve had Queengate, but also Cherie and Camillagate (Nipplegate of Justin Timberlake fame is a particular favourite).

Reuters and most of the papers/blogs are going with Manuelgate but my vote’s with ‘whatnewanglecanwepossiblytakenowgate’ (she says, fully aware of the irony as she pens her own tenuous angle for this blog post).

Mainly because Rossgate could lead to confusion for the poor pupils at this school in Hemel Hempstead.

Any gates on this particular story I’ve missed? For those that care and are thinking of writing their Masters thesis on the subject, there’s actually a Wikipedia page dedicated to ‘scandal-gates’ (which actually already lists Manuelgate, fyi).