Press Gazette
Encyclopedia
Press Gazette, formerly known as UK Press Gazette (UKPG), is a British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 media trade magazine dedicated to journalism and the press. It was first published in 1965, and currently has a circulation of about 2,500, although it had enjoyed higher circulations earlier in its history. Published with the motto Journalism Today, it contains news from the worlds of newspapers, magazines, TV, radio and online, dealing with launches, closures, moves, legislation and technological advances affecting journalists.

Commercially, it is funded by subscriptions and by publication of recruitment
Recruitment
Recruitment refers to the process of attracting, screening, and selecting qualified people for a job. For some components of the recruitment process, mid- and large-size organizations often retain professional recruiters or outsource some of the process to recruitment agencies.The recruitment...

 and classified advertising
Classified advertising
Classified advertising is a form of advertising which is particularly common in newspapers, online and other periodicals which may be sold or distributed free of charge...

, as well as occasional display advertising
Display advertising
Display advertising is a type of advertising that typically contains text , logos, photographs or other images, location maps, and similar items. In periodicals, display advertising can appear on the same page as, or on the page adjacent to, general editorial content...

.

History

Press Gazette was launched in November 1965 by Colin Valdar
Colin Valdar
Colin Valdar was a British newspaper editor.Valdar studied at Haberdashers' Aske's Boys' School, then in Hampstead. He worked as a freelance journalist from 1935 to 39, then served with the Royal Engineers during World War II. In 1942, he became Features Editor with the Sunday Pictorial, soon...

, his wife Jill, and his brother Stewart. Upon the Valdars' retirement in 1983, the magazine was sold to Timothy Benn, who sold it on, in 1990, to the Canadian publishing company Maclean Hunter.

In 1994, the magazine was sold again, this time to EMAP
EMAP
Emap Limited is a British media company, specialising in the production of business-to-business magazines, and the organisation of business events and conferences...

. Three years later, the magazine along with MediaWeek
MediaWeek
MediaWeek is a trade magazine serving the Australian newspaper, television, radio, magazine and advertising industries. MediaWeek is published as a weekday email digest and weekly hard copy magazine...

 and 12 other titles, was sold again, to Quantum Business Media for £14.1 million.

High-profile owners and closure

Rupert Murdoch
Rupert Murdoch
Keith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of , the world's second-largest media conglomerate....

's son-in-law Matthew Freud
Matthew Freud
Matthew Freud is head of Freud Communications, an international public relations firm in the United Kingdom.-Biography:...

 became the new owner of Press Gazette in May 2005, in partnership with the former Daily Mirror editor Piers Morgan
Piers Morgan
Piers Stefan Pughe-Morgan , known professionally as Piers Morgan, is a British journalist and television presenter. He is editorial director of First News, a national newspaper for children....

 to raise around £600,000 to buy the title. The purchase was part of the break-up of Quantum Business Media by its owners, the venture-capital group ABN Amro Capital.

On 19 October 2006, Freud announced that the magazine was for sale, citing as a reason indifference in the newspaper industry to the British Press Awards
British Press Awards
The British Press Awards is an annual ceremony that celebrates the best of British journalism. Established in the 1970s, honours are voted on by a panel of journalists and newspaper executives...

.

The company owned by Freud and Morgan, Press Gazette Limited, subsequently entered administrative receivership.

Initially, the receivers were unable to find another buyer for the magazine, and on 24 November 2006 it closed.

Acquisition and relaunch

After the publication missed one issue, Wilmington Group plc announced on 5 December 2006 that it had acquired the title. Wilmington Media editorial director Tony Loynes, a former Press Gazette editor, led the take-over.
He named news editor Dominic Ponsford as editor and the magazine moved from Fleet Street to Wilmington Media's Old Street headquarters.

Both the magazine and its website PressGazette.co.uk underwent a redesign in May 2007, including a new masthead and body font. The magazine switched from weekly to monthly publication in August 2008.

On 6 April 2009, Wilmington Group announced the May 2009 issue would be the last, but the magazine was purchased on 22 April 2009 by Mike Danson
Mike Danson
Mike Danson is a UK-based businessman. He founded Datamonitor, an online information company in 1987. He led it from his front room, through its listing on the London Stock Exchange to its sale to Informa for £502m in 2007....

 of the Progressive Media Group, shortly after he attained full control of the New Statesman
New Statesman
New Statesman is a British centre-left political and cultural magazine published weekly in London. Founded in 1913, and connected with leading members of the Fabian Society, the magazine reached a circulation peak in the late 1960s....

, in April 2009. The Wilmington Group retained the British Press Awards.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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