Steve Dyson's Blog
follow journalism_news at http://twitter.com



Alphason TV Stands from Go Electrical

Classic Car Insurance from Footman James

Pub Insurance from Supercover Ltd

Home Lighting from Light My Home

Wireless Headsets from Headsets4Business

Liebherr Wine Coolers from Go Electrical



rss feed
As featured on News Now
HTFP Facebook page
Email
Journalism books
 

MEN deal could herald further industry consolidation

Ministers and industry watchdogs are facing a dilemma over the sale of GMG Regional Media that could have potentially far-reaching implications for the regional press.

The National Union of Journalists has already made clear it will be raising concerns over media plurality with business secretary Lord Mandelson in the wake of today's £44.8m purchase by Trinity Mirror.

The union believes the proposed deal raises issues of editorial independence as well as "diversity of information and media" in the North-West.

One former Trinity daily editor has already predicted the sale will lead to consolidation elsewhere in the regional press industry - a prospect which the NUJ views with horror.

Deputy general secretary Michelle Stanistreet said: "The move by Trinity Mirror has implications for the future ownership of local media across the UK, as major publishers weigh their chances of swallowing up what remains of independent publishing in Britain.

"The concerns for diversity of information and media in the North West are an immediate issue which we will be raising with the Department of Business, Innovation and Skills.

"Trinity Mirror already publishes the Liverpool Post and Echo titles, in addition to a substantial stable of weekly papers across Cheshire and Merseyside. Now it will also control the prestigious Manchester Evening News, which has a series of titles in the region.

"This all raises issues of editorial independence which should be of concern to government and community leaders as well as the media industry."

All eyes will now be on the government to see how, if at all, it responds to the union's concerns.

Were it to block the deal, or refer it to the Competition Commission, it would risk GMG deciding to close the MEN altogether, as Guardian media writer Steve Busfield hinted in a blog post today.

Commenting on today's deal he wrote: "There will, inevitably, be cost-cutting, but, for the sake of the business, that has got to be better than closure....GMG clearly did not want to close the MEN, but, without the sale, it might have had no option."

If however the govermment waves the deal through, it will be seen as giving the green light to other possible mergers and asset-swaps between publishers with interests in geographically contiguous areas.

Former Birmingham Post editor Marc Reeves, writing on the BusinessDesk.com's West Midlands portal which he edits, predicted the sale would herald just such an outcome.

He said: "My money is on a rise in the number of deals amongst the major publishers following the TM-GMG shuffle, as more try to optimise the geographical 'sense' of their sometimes disparate and accidental portfolios."





E-mail this story to a friend. Your name:

Your friend's e-mail:


tradeclips Jobsmake the next move in your journalism career Email bulletinsget latest news and jobs directly to your desktop Freelance indexsee our searchable list for freelance help CVadd your details to our journalism talent pool Dailywho owns it? who's the editor? Weeklysearch our vast database of local titles Your Paperwhat we've written about your newspaper Your Companywhat we've written about your company Blogsbest of the UK journalism blogs Resourcescontacts, web reviews, and terms unravelled Useful Linksour guide to the major industry organisations