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September 2nd, 2009 by Nick Bishop

My newsagent is closed

For the second day running, the newsagent at Hertford North train station hasn’t opened, meaning no Guardian and no FT to read on my way to work. With no book packed and a very limited mobile phone signal, I’ve had little choice but to read Metro. I am poorer for this experience.

The deliberately mediocre, appeal-to-all, Metro is no substitute for a paid-for newspaper. Neither is the free-to-all BBC. With a few exceptions, the brilliant World Tonight on Radio 4 for example, BBC News, certainly the flagship television news programmes, lacks depth and originality. It’s because it’s so bland that, unlike my colleague Stephen Waddington, I don’t think we should be worried about the BBC distorting the shape of media industry. The US media industry over the past twelve months has proved itself very capable of folding without the intervention of a state-funded news organisation.

News with analysis and opinion is a product worth paying for, whether in print or online. The big change for the newspaper industry will, I believe, come when Apple launches its tablet computer (heavily rumoured). I’m not an early adopter of technology but I’ll be among the first to buy this. And no longer will I have to put up with my newsagent mysteriously shutting up shop.
July 31st, 2009 by Nick Bishop

Sorry, there's absolutely, completely no green shoots out there

Staggering losses at the Guardian Media Group. £89.8m to be more exact. Guardian News & Media, which owns the Guardian, Observer and guardian.co.uk, went for an operating loss of £36.8m. “The effects of the recession and longer-term structural change” was the (understated) reason given.

Less bad results from US publishers Gannett, McClatchy and the New York Times company was pointed to by the likes of Roy Greenslade as possible evidence that the future for print might not be completely grim.

Spotting green shoots has become a tedious obsession for all kinds of watchers, not just the media. It’s mostly based on guesswork. But sometimes a bit more than guesswork. Spotting green shoots in the print industry, so heavily dependent on ad revenues and experiencing seismic “structural change”, is probably not even guesswork. With the future shape of the industry so unclear, predicting a return to profitability seems very premature.