Today, Wilmington Media announced that Press Gazette, the UK’s journalism trade mag, will be closing.
In a statement this lunchtime, proprietors Wilmington Group announced that next month's edition of the magazine would be the last hard copy edition, reports Holdthefrontpage. Dave Lee, from whom I, stuck for time as I'm in the middle of a few other stories, have stolen the title and intro, has more. I will only add that hiring Martin Stabe back in 2006 or so was a brilliant move and what got me reading Press Gazette's online in the first place (keeping in mind that I only know Martin via his blog, which I stumbled across via a former tutor, Andrew Grant-Adamson's, blog).
On a less positive note, a key industry player recently told me he felt former PG-man Jon Slattery's blog was at times doing a better job of covering the media industry than PG these days as Slattery was calling people up to get tidbits rather than just reproducing press releases - a fact I mention only because it's a trap too many news sites seem to fall in these days.
I will also add to Dave's thoughts on Media Guardian playing such a dominant role in the UK's media journalism market that there are aspects of that I find a bit odd: I would for instance have expected FT to cover especially the European media market better, and yet they're beaten again and again by Media Guardian - even on M&As and company results, issues where FT long has been heralded for having the market leading coverage. That said, The Independent also has good media stories from time to time, though they tend to "hide" them in the business section, and The Telegraph has been doing a better job of covering the media industry since they hired Amanda Andrews (or since they set up a seperate RSS-feed for media and technology, not sure which). I also get many of my favourite UK media tidbits from Journalism.co.uk, Paid Content and media bloggers.
On that note, if not even an online shred of Press Gazette will be kept alive, I shall thoroughly miss Peter Kirwan's blog - even though I was not entirely happy about a piece he interviewed me about Mecom for, I've come to really enjoy his writings on Media Money as it covers one of my favorite aspects of the media industry so well.
For the record: of the sites mentioned here, I've been paid for article commissions from Press Gazett, The Independent business section and I'm a regular contributor to Journalism.co.uk (and, if I shall be really strict on disclosures, I've also been paid for articles I wrote for The Guardian/Observer)
Update 07.04-09, 13:00 CET: On this topic I also enjoyed reading Press Gazette Insider’s View: Why Journalism’s Trade Bible Failed by Patrick Smith 16:55 CET: and Jon Slattery's Old Bell tolls for Press Gazette via Thoughts of Nigel
17:07 CET: isn't it interesting how many people, like here, say they will miss the blogs? I singled out Media Money above, but I shall miss the other blogs too.