These are frightening days for many businesses across the UK and the media sector is no exception. But the more competition for extreme metaphors grows, the more thoughtfulness and imagination is required.
We may never have had it so bad (since records began), but that should inspire creative solutions around how the new economic order can support as diverse and truly multi-platform media as possible.
Thus on Wednesday Trinity Mirror announced a merger of North West and Wales businesses into a new super region. As revenues contract, convergence is unavoidable within media structures and must also happen across the industry. That means changing outdated competition laws which relate to the Olden Golden days.
Who could have imagined even six months ago the BBC discussing the sharing of news resources and iPlayer with ITV and Channel 4? Why stop there? Why not share resources with multi-media news organisations providing public and community content across video and online platforms? Necessity is the mother of all clichés.
We have already seen a number of loss-making newspaper titles disappear. It would make sense for the Government and backbenchers to get their heads swiftly around the new media landscape before we are left with Google searching a million worthy community websites, closed libraries and politicians’ blogs.
The latest, Mandy ‘Huffington’ Mandelson’s maunderings, launched this week. And, not to be outspun by Obama, a really scary avatar is now at large in Second Life. Claiming the era of controlling the media has passed, Mandy now exhorts us all to embrace the democratic revolution.
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