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Douglas McCabe was quoted in an article on The Telegraph, who seems to have find a way to profits in an age of digital disruption. The news industry is being upended by plunging revenues from print advertising and the migration of digital advertising. Nevertheless, in 2015, the Telegraph Media Group made a £48m pre-tax profit on a turnover of £320m, a slight improvement on the £46m it made in 2014. Douglas said the change to a paywall was significant. “The switch positions the Telegraph differently — both internally with its journalists and externally with its readers and its advertisers. The value of the content and the act of developing it — and of being associated with it — are all being clearly underlined.”

Douglas McCabe was quoted in an article on The Guardian’s decision to contemplate returning to its Manchester roots as business rates for their London headquarters rise 50 per cent. The revaluation that came into effect this month has resulted in a 73 per cent increase in the value of the newspaper’s property assessment which is used to calculate the new rates, experts say. Furthermore, the paper is reeling from the loss of print advertising which is having a big impact across the sector. Despite efforts to bring in extra revenue through tiered membership and donations, Ms Viner is also aggressively cost-cutting via redundancies, reduced printing costs and cheaper real estate. Douglas said “David Pemsel [now chief executive] and Kath Viner are addressing the challenges of their model with a forcefulness and roundedness that has not always been possible”, but, he said the paper would have to go through “a good deal more change” to make it truly sustainable.

Claire Enders was quoted in an article on the decision of the European Commission to unconditionally approve the £11.7bn takeover of Sky by 21st Century Fox - saying it would raise no competition concerns in Europe. Claire said that the European clearance proved as straightforward as had been expected, adding that, “the issues are much more in the UK. This is another little hurdle cleared, but not much compared to the challenges ahead”.

Claire Enders was quoted in an article on a federal probe into Fox News - controlled by the Murdoch’s family - which could undermine their latest offer for Sky. The federal investigation into potential misconduct in the US is gathering steam just as British regulators are deciding whether 21st Century Fox would be a “fit and proper” owner of Sky — six years after the Murdoch’s abandoned their first attempt to buy the European broadcaster amid the phone-hacking scandal. It is not clear whether the US investigation of Fox News would fall into the scope of the fit and proper person test, although Ofcom’s guidelines are sufficiently wide to allow it to consider foreign investigations. Claire said the investigation “may weigh negatively” on Ofcom’s deliberations, adding that “it doesn’t look that great from the outside if federal prosecutors are pursuing things”.

Claire Enders was quoted in an article on the discarded plan to privatise Channel 4. However, the UK government has stepped up the pressure for Channel 4 to move part or all of its operations from London. Ministers have been considering whether to force the public service broadcaster to move to another major UK city, such as Birmingham or Leeds. Claire said “it’s a great relief that the government has realised that Channel 4 is sustainable long term and provides a valuable public service. With a licence to 2024 and soft advertising ahead, privatisation would have been difficult and very controversial.”

Alice Enders was quoted in an article on Brexit and the consequences for British firms. In particular, Alice focused on TV and film producers, which could be among the big losers if Britain leaves the European Union without a free trade deal. The impact would reverberate far beyond the creative sphere. Overseas sales of movies and TV shows, along with other creative work, brought in £13.9bn in 2015, accounting for 9% of non-financial services exports that year. A large chunk of that income would be cast into doubt by a hard Brexit. Under the current system, European broadcasters are obliged to buy 50% of their programmes from EU-based producers. Alice said “the quota system has been very valuable to Britain’s TV production industry”. Adding that “exports are becoming more important due to pressures on the licence fee and the budgets of commercial free-to-air broadcasters.”