Newspapers Flashcards
Daily mirror publishers
Reach plc
Formerly trinity mirror
Reach PLC
Horizontally integrated as it buys out other competing companies, absorbing their titles in with their own.
Horizontal integration means they can share journalists and resources between their different titles / brands, reducing overall costs
The times publishers
Newscorp is a global conglomerate with a large number of subsidiary companies that seem to be ever changing.
The times integration
So the times is published by a vertically and horizontally integrated, diversified conglomerate. This gives it enormous power and resources.
They can afford to take risks such as having a paywall on website.
A global conglomerate can help a paper to be distributed across the world, using its subsidiary companies to promote it.
A global conglomerate ownership has a lot of power and so can potentially bend rules that other companies cannot.
Newscorp scandal
Some people argued that Newscorp escaped convictions for the phone hacking scandal because they had such a huge amount of power, and global connections.
Newscorps involvement with the phone hacking scandal (especially their paper The News of the World) caused a huge amount of bad publicity for the company.
Chief executive of Newscorp
Rupert Murdoch
The times political allegiance
His friendship of trump and support of the Republican Party and conservative politics, might suggest his papers could reflect his own political views.
Newscorp and its subsidiaries say they try and be politically neutral and that they embrace all political views.
Ownership
As newspapers like the times and the daily mirror are owned by stockholders, the companies have to protect their reputation, in order to protect the cost of their shares, to keep their stockholders happy.
Regulation
Both the times and the daily mirror are regulated by IPSO
