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Vince Cable urges end to 'dominant' media moguls
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Author:  Amnesia10 [ Sun Jul 24, 2011 12:19 pm ]
Post subject:  Vince Cable urges end to 'dominant' media moguls

http://www.bbc.co.uk/news/uk-politics-14266696

Quote:
Business Secretary Vince Cable has said there should be "clear" rules on how powerful media groups can be, in the wake of the phone-hacking scandal.

He told the BBC having dominant media moguls was "deeply unhelpful" - partly due to their political impact.

There should be market share limits and a "presumption against" media groups owning both newspapers and TV stations.

He was responsible for media ownership rules until he was recorded saying he had "declared war" on Rupert Murdoch.

Following the undercover recording by the Daily Telegraph in December, Mr Cable was stripped of his responsibility for overseeing Mr Murdoch's bid to take full control of broadcaster BSkyB.

That bid was withdrawn this month amid new phone-hacking allegations and in the face of political opposition.

I can see no reason for ownership of both TV and newsprint, and end the news print should be limited to one daily and one Sunday paper. That would exclude them from local papers as well. Also if owned by a foreign national then the papers should be banned from holding any political bias of any kind.

Author:  l3v1ck [ Sun Jul 24, 2011 9:14 pm ]
Post subject:  Re: Vince Cable urges end to 'dominant' media moguls

Holy crap!
I actually agree with Vince Cable. :shock:

Author:  Amnesia10 [ Sun Jul 24, 2011 9:57 pm ]
Post subject:  Re: Vince Cable urges end to 'dominant' media moguls

l3v1ck wrote:
Holy crap!
I actually agree with Vince Cable. :shock:

Yes same here. Problem is that he is a solitary sane voice in a coalition of fools.

Author:  bobbdobbs [ Mon Jul 25, 2011 8:03 am ]
Post subject:  Re: Vince Cable urges end to 'dominant' media moguls

Be wary of the law of unintended consequences. If this went through then you can probably see quite a few newspapers going under, reducing peoples choice and concentrating "power" into fewer and fewer people.

Author:  jonbwfc [ Mon Jul 25, 2011 9:08 am ]
Post subject:  Re: Vince Cable urges end to 'dominant' media moguls

bobbdobbs wrote:
Be wary of the law of unintended consequences. If this went through then you can probably see quite a few newspapers going under, reducing peoples choice and concentrating "power" into fewer and fewer people.

The large majority of newspapers in the UK don't make a profit. That suggests few people are actually reading them, in the main. At least too few to sustain them. I really can't bring myself to care about the continuing existence of a medium that a) largely sold it's soul years ago and b) Can't even convince enough people to pay for it to keep itself above the water.

As i said in another post, the power of the newspapers in the UK is illusory, dissipated and almost entirely self-proclaimed. And given the events of the past week, probably lost forever.

We survive without gas-powered street lights any more, we'd survive without newspapers.

Jon

Author:  bobbdobbs [ Mon Jul 25, 2011 10:47 am ]
Post subject:  Re: Vince Cable urges end to 'dominant' media moguls

jonbwfc wrote:
bobbdobbs wrote:
Be wary of the law of unintended consequences. If this went through then you can probably see quite a few newspapers going under, reducing peoples choice and concentrating "power" into fewer and fewer people.

The large majority of newspapers in the UK don't make a profit. That suggests few people are actually reading them, in the main. At least too few to sustain them. I really can't bring myself to care about the continuing existence of a medium that a) largely sold it's soul years ago and b) Can't even convince enough people to pay for it to keep itself above the water.

As i said in another post, the power of the newspapers in the UK is illusory, dissipated and almost entirely self-proclaimed. And given the events of the past week, probably lost forever.

We survive without gas-powered street lights any more, we'd survive without newspapers.

Jon

Quote:
Daily Mirror: 1,170,541; -6.3

Daily Record: 305,840; -5.4

Daily Star: 708,163; -12.6

The Sun: 2,806,746; -5.8

Daily Express: 621,871; -6.4

Daily Mail: 2,047,206; -2.2

The Daily Telegraph: 622,719; -8.6

Financial Times: 356,194; -9.1

The Herald: 48,465; -9

The Guardian: 256,283; -10.4

Thats still a lot of people who buy a paper. As for making a profit or not a lot is due o advertising revenue being down and the continueing downward pressure on price.

Author:  jonbwfc [ Mon Jul 25, 2011 11:07 am ]
Post subject:  Re: Vince Cable urges end to 'dominant' media moguls

bobbdobbs wrote:
Thats still a lot of people who buy a paper.

Even combined, they're vastly outnumbered by the people who don't. And indivdually, by your numbers there's not a paper in the UK that's read by even 5% of the population.

Jon

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