The Guardian Industry Flashcards

1
Q

What kind of newspaper is the Guardian?

A

broadsheet

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2
Q

What was the Guardian originally called and why did it change its name?

A

Known as the Manchester Guardian, but changed to the Guardian in 1959 to reflect its increasing coverage of national and international news

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3
Q

When was the Guardian founded?

A

1821

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4
Q

Which group is the Guardian a part of?

A

Guardian Media Group, a world leading media organisation

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5
Q

Who owns the Guardian?

A

The Scott Trust

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6
Q

How is the Guardian regulated?

A

Not by IPSO; self regulated

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7
Q

In what two ways has the change of consumer habits (moving to the Internet) impacted the amount of money made by newspapers

A

They make less money from the number of papers sold
Advertisers have demanded they pay less for space because less people are seeing it.

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8
Q

What are some of the ways papers can make money since print sales have declined?

A

Websites (advertising)
Digital subscriptions
Paper subscriptions (deliveries etc)
Apps (advertising and subscriptions)
Exclusive online content (Mail+)

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9
Q

Why has the Daily Mail remained more resilient in its print sales than the Guardian?

A

It has an older target audience who are slower to move to technology. However, while the Daily Mail remains popular with older consumers, The Guardian is slowly beginning to have more reader than ever before because they are trustworthy, which is what young professionals want

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10
Q

How has the Guardian tried to attract traffic to their site

A

The Guardian has tried to attract more online traffic through their ‘Comment is Free’ section which features regular columnists who comment on various social, political and cultural issues

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11
Q

What are the positives of the Guardian being owned by the Scott Trust?

A

-frees the newspaper from the domination and influence of an individual owner and from the need to respond to short-term business interests.
-journalists know they will be supported in their work
-The return on investment for the trust is the quality of the journalism – not a financial dividend.
-continue to pursue values in our journalism: honesty, integrity, courage, fairness and a sense of duty to the reader and to the community.
-The Guardian media group invests money mainly into the website as well as the paper to ensure its stability
-it means the paper is more flexible in terms of its name and structure (print vs online)

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12
Q

Why bother having the Scott Trust if it doesn’t control the newspaper

A

-it’s essential that our journalism is matched by an efficient and profitable company that takes a long view of how to deploy resources – for instance, in managing the difficult transition from the print marketplace to the turmoil of the digital world.
-The trust has a sizeable investment portfolio which it uses partly to support the journalism year on year and partly to invest in long-term structural change to keep up with digital transformation
-The trust also appoints editor in chief and chair of the GMG
-Prevented the Guardian being bought by the Times and was able to buy the Observer

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13
Q

How is the Guardian trying to stay a float in response to economic pressures?

A

their membership scheme offers certain benefits in return for donations
at the start of a journey as a supporter led organisation
“native ad units that use the voice of editorial” to ask readers if they would consider making some sort of payment to support the content they were reading- tugged on the emotional reasons to support The Guardian’s journalism, not just a transaction reason such as providing them with an app or access to events.

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14
Q

What is a sign that the supporter led organisation structure is working?

A

Early signs are that this focus is working. In 2015/16, GNM made an operating loss of £57m, but cut that to £38m a year later and expects to make a loss in 2017/18 of £25m before reaching its target of breakeven in 2018/2019.

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15
Q

In 2020, what percentage of the Guardian’s revenue came from its digital operations?

A

Even though The Guardian’s print operations make up a significant part of its revenue, 61 percent of the company’s income in 2020 came from its digital operations.

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16
Q

How could the Guardian try to appeal to the viewers who don’t pay for content?

A

-one new strategy, more akin to crowdfunding its journalism, asks people for donations so The Guardian can focus on particular topics such as gun control in the US.
-The Guardian also wants more data on its readers. Currently just 1.5 million people have registered on the site and browse while signed in. This creates a stronger relationship and means the Guardian can more effectively target their native ads

17
Q

How does the Guardian suggest they will reach 2 million paying customers by 2022?

A

By shaping the product around the audience
Audio and video packages
Event packages - they have previously had more than 100,000 attendees at virtual events
Add free reading
Full access to the app
A regular supporter newsletter

18
Q

How many people all together supported the Guardian financially between Nov 20 and Nov 21?

A

Including print subscribers and single contributions, people have supported the Guardian financially nearly 1.6 million times in the last 12 months.

19
Q

How did the Scott Trust come about?

A

The death of CP Scott and son Ted within three months of each other in 1932 brought a very real threat to the future independence of the Guardian.
The Inland Revenue would claim full death duties, or inheritance tax, in the event of John’s death and would mean the end of the Manchester Guardian as an independent liberal newspaper.
To prevent this, John renounced all financial benefit in the business for himself and his family by transferring all the ordinary shares in the company – a stake worth more than £1 million at the time – to a group of trustees. The Scott Trust became the owner of the Manchester Guardian.

20
Q

How much was initially invested into the Guardian’s digital platforms in the first 5 years

A

In the first five years, we spent about £18m on investment in digital – with predictions we’d have to sink £30m before we could anticipate any serious returns

21
Q

Whats the difference between a member and a subscriber?

A

The distinction between a member and a subscriber is that the latter is simply agreeing to buying content, while the former is also investing time and emotional commitment to a brand because they want to belong to a group or identify with a cause. Not every media brand can command this level of commitment, but for those who can, the prize is greater loyalty and steady revenues.

22
Q

What was the purpose of the Scott Trust when founded in 1936 that remains today

A

“to secure the financial and editorial independence of the Guardian in perpetuity and to safeguard the journalistic freedom and liberal values of the Guardian free from commercial or political interference.”

23
Q

How was the Guardian backed financially when first formed

A

with the financial backing of other middle-class radicals (10 put up £100 each, and an 11th contributed £50)

24
Q

How is the Guardian leading technological innovation

A

From making the Guardian the first British news organisation to employ a readers’ editor to launching an opinion site that inverted the traditional model of top-down newspaper commentary

25
Q

Why is the journalism business model starting to collapse?

A

Facebook and Google swallow digital advertising; as a result, the digital journalism produced by many news organisations has become less and less meaningful.

26
Q

How did the Guardian change in 2006?

A

It was modernised, becoming smaller with a new typeface and balanced longer pieces of journalism with shorter stories. This was done to adjust to audience reading habits: it’s likely the Guardian’s well educated audience has little time to spare so opt to read well written but less worded articles

27
Q

How did the print circulation of the Guardian change between 2011 and 2019?

A

In 2011, it had a print circulation of 279,300, but by 2019, it’s print circulation was 108,700

28
Q

What % said the Guardian was trustworthy and what % said they were untrustworthy?

A

Trustworthy: 33%
Untrustworthy: 18%

They have been labelled the most trusted news brand in the UK

29
Q

What would Curran and Seaton argue about the Guardian?

A

Their idea is somewhat refuted by the Guardian. Although it sticks to safe news values, the fact that it doesn’t enforce a paywall shows dedication to the quality of journalism

30
Q

What about the Guardian’s readership is appealing to advertisers?

A

They are well educated and have high incomes with highly skilled jobs and so will have greater spending power

31
Q

How does the Guardian make money?

A

The sale of print newspapers
Digital subscriptions
Patron support with exclusive offers
Advertising
Philanthropic partnerships