THE GUARDIAN- INDUSTRY CONTEXT Flashcards

1
Q

What is the Guardian?

A
  • British Broadsheet Newspaper.
  • Part of the GMG group
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2
Q

Who owns The Guardian?

A
  • Owned by Scott’s Trust (parent company of GMG and Media LTD)
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3
Q

GMG?

A
  • Gurdian Media Group (owns the Guardian/ The Observer)
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4
Q

Why was the Scott’s Trust founded? What was its main intention?

A
  • Founded to ensure NO single ownser could BUY and SECURE the paper.
    1) Safeguard the Guardian from commercial/ political interference.
    2) Protect the papers values (honesty, fairness, liberal investigative journalism)
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5
Q

How is the Guardian funded?

A
  1. Voluntary reader donations.
  2. Membership
  3. Adveritising
  4. Scott Trust endowment fund
  5. Guardian.org

(previously relied on middle-class radicals financial
* support)

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6
Q

What is the Scott Trust endowment fund?

A
  • Fund- focuses on socially responsible investments-
  • profit from these investments supports the paper.
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7
Q

What is Guardian.org?

A
  • Non-profit org
  • Set up by the trust to raise funds from groups and private donor.

(Bill Gates dontates to the paper- shared values)

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8
Q

What economic challenges has The Guardian faced in recent years?

A
  1. Decline in print advertising revenue
  2. Rise of digital platforms like social media for news consumption.
  3. Increased reliance on digital subscriptions
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9
Q

How did The Guardian’s format change in 2018 and what was its impact?

A
  • Transitioned from a European-sized Berliner format to a tabloid format.
  • Helped reduce the paper’s operating costs by £19.1 million
    (a crucial step in adapting to economic pressures)
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10
Q

How has The Guardian adapted to the digital era?

A
  • Strong online presence- operating a major digital version of the newspaper.
  • Digital content= free to access and follows a buisness model that relies on donations, subscriptions and ad revenues.
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11
Q

What is the extent of The Guardian’s online presence?

A
  • Strong online presence (website, mobile apps, social media platforms)
  • Popularity- millions of visits per month/ large global audience.
  • Appealing presence- interactive features, podcasts, video content, multimedia storytelling)

effect- engages digitally savy + young audiences and offsets decline in print revenue.

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12
Q

How is the Guardians economic/ ownsership model compare to other UK newspapers?

A
  • Ownership- no sole ownsership/owned via trust.
  • Has a 2.8% share in Uk’s print news market vs DM’s 25% share.
    = facilitates editorial freedom (drom shareholders/advertisers) but challenges profitability
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13
Q

Politics?

A
  • Left-leaning (center left)
  • Often supports labour/ Green policies.
  • Progessive editorial stance/ investigative journalism
    = strong brand idenity/ maintains loyal readership.
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14
Q

The Daily Mail has a … share in the Uk’s print news market?

A

Has a 2.8% share in Uk’s print news market vs DM’s 25% share.

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