Dead on Arrival? Labour's media lifeline

Social media and search engines ate news publishers' lunch (Image: Getty)

Mon, 28 Aug 2023

Back in 2009, I arrived for my first day in a new journalism job, opened my email, and received a notification that my private equity-backed publisher had been seized by banks in a debt-for-equity swap. The vulnerability of the news media following the global financial crisis felt all too real that day, and history is repeating itself around the world in the aftermath of covid-19.Just like 15 years ago, newspaper and magazine publishers are struggling, the canary in the coal mine of any recession and first to feel the effect of slow consumer sp...

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