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No Sale for Northcliffe
151/Tim Gopsill
DATELINE: 14/5/06
The Daily Mail group surprised the City in February when it suddenly called a halt to the sale of its highly profitable Northcliffe Newspapers chain of provincial papers. The company said the highest offer it had, of £1.3 billion, was too low.
It didn't surprise the hard-pressed staff, however, who had suspected it was a smart move to further tighten the screws on costs and staffing. Indeed, two weeks later it announced it was doubling the cost-cutting target of its "Aim Higher" project.
Originally the cutbacks, known as "Aim, Fire!" to the group's journalists, was projected to save £20 million a year by the end of 2006. Now that target is £45 million; already £22 million has been cut.
Northcliffe said it planned to "significantly increase" its regional online operation and boost the revenues generated by internet customers but capital expenditure is to be cut by 20 per cent over the next two years.
Last modified: Sunday, May 14, 2006
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Notices
Events & Announcements
World Press Freedom Day
More reporters are currently imprisoned in Turkey than in any other country in the world. Only a matter of weeks ago lawyers failed to persuade a Turkish court to release a 76-year-old journalist from a Turkish internet news station.
World Press Freedom Day on Friday May 3, 2013 is being marked in Britain by a rally to highlight the dangers facing journalists in Turkey and in this podcast, Nicholas Jones speaks to Barry White, Organiser at the Campaign for Press and Broadcasting Freedom, and Sam Bamford, the TUC's policy officer for Eastern Europe and Africa about the importance of a campaign to highlight international press freedom.
The World Press Freedom Day rally is being staged by the National Union of Journalists at the NUJ head office, Gray’s Inn Road, London WC1 on Thursday May 2, 6pm-8pm.
DATELINE: 27/4/13
UK launch of EU media campaign
DATELINE: 13/3/13
The UK launch of a 'European Citizens' Initiative' calling for EU rules against concentration of media power will take place on Thursday March 21 from 11:00am – 12:30pm in Committee Room 4A at the House of Lords, London. Guest speakers will include actor and activist Hugh Grant (pictured), media consultant Claire Enders, Professor Steven Barnett, Barry McCall (President of the NUJ) and Marc Gruber (Director of the European Federation of Journalists).
A European Citizens' Initiative is an official petition, like a Downing Street petition. If it succeeds in gathering a million signatures across the EU, the Commission is obliged to respond.
This petition calls for the EU to act to protect media pluralism and press freedom.
CPBF Annual General Meeting
DATELINE: 1/3/13
Make a note in your diary
Saturday 13 July 2013 from 10.00am
NUJ HQ, 308/312 Gray's Inn Road, London WC1.
Leveson, media ownership, CPBF future work.
DOWNLOAD FREEPRESS NOW
DATELINE: 26/3/10
Download Freepress in PDF, ePub or mobi format. Issue 194 now available.
MEDIA FOR ALL CONFERENCE
DATELINE: 26/3/10
Papers from the Media for All Conference
MEDIA MANIFESTO
DATELINE: 26/3/10
The media’s job is to inform and entertain us but we rely on them too to tell us what our rulers and representatives are up to. In the run-up to the Iraq war the government used spin and disinformation in the media to create panic and mislead people. The truth is coming out now, but we need stronger, more independent media to be able to scrutinise governments and make informed choices.
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Previous stories
Media Ownership
Report on 'Content diversity in newspapers and television'
Corporate greed rules
Transnational corporate censorship threatens British music
Satisfying the advertisers
Ottakar’s Demise
Set the Media Free - Media Watch Global
Mayor calls for OFT to reconsider proposals
Media policy dominated by 'cosy cartel', says report
Clear Channel move in on Glastonbury
It’s Money That Matters
Getty acquisition deadline
Distribution Danger
VLV pushes for launch of Free-to-Air Digital Satellite
CPBF responds to OFT proposals on magazine distribution
OFT opinion threatens small magazine publishers
Monitoring Murdoch - a blogger speaks
IFJ welcomes 'First Step', calls on Berlusconi to quit TV
Protecting public service broadcasting
The News Monopoly
'New communists' worried by software patents
Scottish Media Group Announces Sale
