New Media versus Old Media

The news that the Telegraph lost £10m last year encourages Guido to believe that in the coming years the truth will slowly dawn on loss making media moguls. Comment is just a click away. Good quality comment is free of charge at places like ConservativeHome, PoliticalBetting and UK Polling Report. The value of your paper pundits will therefore decrease to zero. The “we know best” gatekeeper mentality just won’t do.

To all those media executives shaking their heads, don’t forget that this blog is more profitable than the Telegraph, Independent and Guardian combined. Better value for readers as well…

[See also Henry Blodget’s fisk of a speech from AP’s Tom Curley.]




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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