JRN185 Lecture Notes - Lecture 13: A Golden Age, The Sunday Guardian, David And Frederick Barclay

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29 Apr 2020
Department
Course
Professor
PCC
JRN - 185
Newspaper Publishing
Changing Political Economy of the Press
1986 'Wapping Revolution' marked not just the end of the print unions' influence
Also the solidification of newspaper publishing's corporate era
Many of the long existing newspaper dynasties survived, most notably the
ownership of the daily mail publishing company Rothermere / Harmsworth
Other shifts in ownership, from the Telegraph and Express companies, heralded a
new period in which owners were not only well-known individuals but public
entities with shareholders and stock market values to concern them
To a large degree, businesses like any other
Wapping had changed the cost structure of newspaper production and had made
the opportunity to make large profits a very real one in principle at least and also
in reality
Certainly was the reason why a range of new titles came onto the market in the
few years after Wapping
The start-up costs were lower
The new labor relations climate instituted by Thatcher's government gave
employers supremacy in their relationship with organized labour
New technology for newspaper production streamlined the process, making it
simpler, more efficient and more profitable
Economic climate allowed investment capital from a variety of sources, including
venture capital
A Golden Age of Newspapers:
Franklin
Defines the years between 1986 and 1990 as "more of a Golden Age for British
newspapers, with 10 new releases of national newspapers"
As the economy turned down, the golden age soon lost its shine
Of the ten new titles listed by Franklin
Today, the Journal, the Guardian, Sunday Guardian, the London Daily News,
News on Sunday, the Times, the Sunday Correspondent, the Journal on Sunday
and the European only the two Independent titles and the Sport titles remained
Since then, the one national newspaper launch has been Daily Star Sunday, in
2002
Aimed at the very bottom of the redtop market like its daily counterpart
Sunday Company was founded in 1996 as a descendant of the European
Had by then entered the successful Barclay brothers and then closed
The company had a teetering life but a dedicated friend in Andrew Neil
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