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Simply three firms management 90% of the UK’s nationwide newspaper market, in what’s been labelled a ‘harmful stage of concentrated possession’ of UK media.
The “Who Owns the UK Media?” 2023 report, printed by the Media Reform Coalition at Goldsmiths College, discovered that three firms – DMG Media, Information UK and Attain – management 90% of the UK’s nationwide newspaper market. The three firms additionally management 40% of on-line attain.
Press Gazette additionally studies: “The info means that if DMG Media had been to reach its anticipated bid to amass Telegraph Media Group it will improve its print market share from 42% to 47%.
“DMG Media’s share of the net information market is estimated at round 10% taking a look at simply the top-50 UK newsbrands.”
The report warned that the dominance of the three publishers of print and on-line information, gave them “an unrivalled place for setting the information agenda”.
Tom Chivers, researcher on the Media Reform Coalition, stated: “A free, unbiased and plural media is important to the functioning of a wholesome democracy. Nonetheless, these findings present that the UK media is dominated by a tiny handful of company media moguls and ‘massive tech’ tycoons.
“Throughout our newspapers, TV channels, radio stations and on-line platforms, these firms maintain a harmful stage of energy to dictate our nationwide dialog and affect the political agenda to favour their very own pursuits.”
That our information media is dominated by a tiny group of media moguls reveals simply how a lot affect they need to set the information agenda and to advertise their very own vested pursuits.
It additionally reveals why we want unbiased information retailers similar to LFF which aren’t owned by media moguls and are due to this fact free to report on points as points as we want, bringing us free and unbiased media at a time when it’s a lot wanted.
Basit Mahmood is editor of Left Foot Ahead
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The publish ‘Dangerous levels of concentrated ownership’ in UK media: Just 3 publishers control 90% of print reach appeared first on Left Foot Forward: Leading the UK's progressive debate.