Is press freedom at risk from commercial interests?

Readers of The Daily Telegraph will have awoken this morning to find that their chief political journalist Peter Oborne has resigned in protest at what he regards as editorial subservience to commercial interest and to the owners, the Barclay Brothers, over under-reporting of the Swiss HSBC scandal. He says that there was a concern that the paper would lose vital advertising revenue and thus journalistic freedom, the truth and press freedom itself were being sacrificed on the altar of commercial interest. “The coverage of HSBC in Britain’s Telegraph is a fraud on its readers. If major newspapers allow corporations to influence their content for fear of losing advertising revenue, democracy itself is in peril.” (post in “Open Democracy“, 18 February 2015) It should be said that The Daily Telegraph denied his allegations. Falling revenues exposes the Press to its commercial backers … Read more

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