Quote of the Day

To mark the New Statesman’s George Orwell week, here is the man himself on the Staggers:

“An adolescent in a Glasgow slum worships Al Capone. An aspiring pupil at a business college worships Lord Nuffield. A New Statesman reader worships Stalin. There is a difference in intellectual maturity, but none in moral outlook.”

Speccie v Staggers: New Statesman Loses £1.35 a Copy

staggers-loses

Guido often teases the intern-exploiting, chauvinist vanity project that is the New Statesman. Is this constructive criticism warranted? Let us see how the Staggers’ money-making – or more accurately losing – capabilities compare to their great rivals at the Spectator.

The Speccie’s average paid weekly circulation last year was 56,635. Annualised that makes roughly 2,945,000 copies sold. Their last available accounts show a profit of £448,000, no mean feat in the age of the dying dead tree press. A quick calculation tells us that the Speccie makes some 15p profit on each copy sold.

So what about the Staggers? Their average paid circulation last year was, the editor claimed to the Press Gazette, 20,000, though some say the actual number is in the mid-to-high teens. Being generous we can say that around 1,000,000 copies were sold in the last year. Their latest accounts show huge losses of £1,408,000. The New Statesman therefore loses some £1.35 on every copy of the magazine sold. 

Without Mike Danson’s millions, loaned to the Staggers interest free and with no repayment date, or real likelihood of repayment, the Staggers would be no more. It is a money-hemorrhaging left-wing, vanity project…

Lobby Faces Female Backlash

Last night Guido stood in solidarity with the shunned female journalists of the Lobby. After No.10 explained Dave and Nick only granted questions to men at yesterday’s mid-term review because none of the political editors in attendance were female, we named and shamed the chauvinist Mirror and New Statesman as having no female Lobby hacks between them. Guido’s feminist allies agreed:

The usual suspects were still stuck in their old ways however:

Shame…

Vid via @liarpoliticians

Where Have All the Women Gone?

men

Not many talking points from this afternoon’s snooze-fest mid-term review, though Dave and Nick’s failure to take a single question from a female journalist was noted by many. No. 10 told the BBC that “none of the TV or newspaper political editors there” were female as an explanation. To be fair to them the Lobby is hardly brimming with females.  Some chauvinist media outlets are particularly guilty…

The Mirror’s all-male political team is made up of James Beattie, Tom McTague, James Lyons, Mark Ellis, Paul Routledge and Kevin Maguire, with the Sunday Mirror’s passholders made up of Vincent Moss and Nick Buckley. As for that bastion of feminism the New Statesman? Jason Cowley and Rafael Behr have Lobby passes, but there is a grand total of zero for the Staggers’ female staff. As an ardent feminist, Guido says shame on them…

UPDATE: Guido was not the only one to notice:

Happy Christmas: From the Guy News Team

This year, while you’re sitting warm around the fire, opening your presents or tucking into your Christmas dinner, spare a thought for the poor unpaid interns at the New Statesman. Guido has sent them a much-needed food package, after all they won’t be receiving any charity from their Scrooge-worthy proprietor Mr Danson (net worth, £310 million). Happy Christmas from everyone at the Guido Fawkes blog, see you next year…

New Statesman Internship Auctioned for £1,000
Intern Aware Say Staggers Should be “Ashamed”

At the recent Olympics Ball raising money for Britain’s young athletes, the New Statesman, that paragon of equality of opportunity, auctioned off internships £1,000-a-pop. A great scoop from Dave Lee this lunchtime. “You will have the chance to contribute your ideas and writing to their hugely popular website” gushed Lot 75 with a starting bid of £1,000. Guido is currently trying to find out exactly how much the slave ship ticket actually went for.

Seeing as the Staggers would be getting the free labour from whichever champagne-swilling parent that coughed up for their lucky child’s week of work experience, would they be contributing anything to the deal? “No travel included”.

Last year Helen Lewis gleefully reported on Tom Watson’s attack on the Tories when they tried a similar wheeze:

“The Labour MP Tom Watson told the Mail: “This is a crass example of rich Tories buying privilege. Most young people could only dream of this opportunity. The Conservatives flog them like baubles and fill their coffers with the profits. It is obscene.”” 

Though perhaps it is Laurie Penny, naturally writing in the Staggers, who put it best:

“The Telegraph reports that across the country hundreds of placements are being sold or brokered, often at similar auctions for the wealthy, where the fact that proceeds go to charity gives the new nobility yet another reason to be smug about giving themselves the life chances that previous generations enjoyed for free. For the few of us who are wealthy enough to finance ourselves through work placements, only a firm push is needed to force open the doors of opportunity. Without a co-ordinated effort to reverse this regressive trend, the years to come will be littered with wasted potential and filled with disappointment for young people with nothing to bring to the table but talent, creativity and ambition.”

Intern Aware have slammed the Staggers this afternoon:

“Most people can’t afford to work for free and even fewer people can afford to pay thousands of pounds for the privilege of interning. The New Statesman should be ashamed of operating a practice than puts opportunities out of the hands of hardworking and talented young people.”

They also estimate that “around 1/3 of the editorial staff at any one time are unpaid. Not only do they readily do all the necessary drudgework, they help to depress the wages of paid journalists there.” Shame on them.

Read Dave Lee’s original posting here.

UPDATE: A source tells Guido that the internship went for close to £1,250.

Laurie Penny Leaves Indy

An intriguing media move today as Laurie Penny leaves her post at the Indy:

Could it possibly be that Indy bosses wielded the axe? Or maybe £23,000 was just not enough…

Ed Not So Intern Aware

The papers are all going with Millionaire Miliband this morning, as the fine details of Tuesday’s speech begin to unravel. It’s also worth noting how Ed pledged to “crack down” on unpaid internships in Manchester. Just who are these evil predators who don’t pay their exploited young staff?

Guido is sure an upstanding paragon of virtue such as the New Statesman would never offer unpaid positions, and with all that union gold Political Scrapbook can surely afford to fork out for more than the odd lunch. It would be pretty bad if, say, the Guardian offered ethnic minority kids work without pay, and Intern Aware-backing Left Foot Forward would have to pay their own interns, right? And what about two-faced Chuka? Guido is still waiting to hear whether Labour HQ pay their interns. Ed needs to look a bit closer to home…

Which Magazines the Beeboids Buy

Following the news last month that the BBC buys more copies of the Guardian than any other newspaper, Guido thought he would have some more FOI fun. It turns out the BBC’s love for lefty rags doesn’t extend to the […]

+ READ MORE +

Shambles at Staggers Towers

The New Statesman has been left with egg on its face this morning.

Read all about it over on MediaGuido[…]

+ READ MORE +

Staggers Shambles as NHS Remains State Run

The New Statesman site descended into a shambles this morning after they ran a story on an apparent hushed-up plan to privatise the NHS that turned out to be complete and utter rubbish. It sounded too good to be true…[…]

+ READ MORE +

IPPR, the Staggers and the €800,000 Bung

Guido was amused to read Will Straw’s Staggers piece today asking: “Europe, what have you done for me lately?“.

His gushing tribute to the EU’s legislation on mobile charges was as sickly as it was suspicious – after […]

+ READ MORE +



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Quote of the Day

Jeremy Corbyn on today’s results:

“We hung on.”

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