Matt Deegan

The Media Club · 13 October 2023 · 36 min

The End of Newsnight? Paper domination and YouTube's pod move

With Alex Hudson, Paul Robinson

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In this episode of The Media Club, host Matt Deegan is joined by Alex Hudson from Newsweek and broadcast consultant Paul Robinson to discuss the future of BBC's Newsnight amid falling ratings and budget cuts, the dominance of three publishers in UK print media, and YouTube's expansion into Prime Time Channels and podcasts. The conversation also covers Netflix's slowing subscription growth, podcast industry layoffs, and includes a media quiz segment. The panel debates the relevance of traditional metrics like audience figures versus impact, and the shifting dynamics of media consumption towards platforms like TikTok.

Key takeaways

  • Newsnight's editor Stuart McLean is leaving for the BBC's Africa Bureau amid budget cuts and falling ratings.
  • Three publishers (DMG Media, News UK, Reach) control 90% of UK print reach, but the panel considers this a non-story.
  • YouTube launched Prime Time Channels and podcasts in the UK, aiming to become a super app for content.
  • Netflix reported 4% growth in UK subscriptions, which the panel views as positive given market saturation.
  • Podcast industry layoffs at WNYC and Pushkin Industries are seen as a market correction, not a downturn.

In this episode

  • Intro and News Round-up0:00 · Matt introduces the show and covers top media news stories.
  • Main Discussion: Newsnight5:00 · Panel discusses the future of Newsnight and BBC news restructuring.
  • Print Media Consolidation15:00 · Discussion on the report showing three publishers dominate print.
  • YouTube and Streaming25:00 · Analysis of YouTube's new channels and Netflix subscription slowdown.
  • Podcast Layoffs35:00 · Discussion on podcast industry layoffs and market correction.
  • Media Quiz40:00 · Guessing mystery news noises.
  • Outro45:00 · Wrap-up and sponsor message.

Notable quotes

“The system is effed sideways. Anyone who tells you differently is a liar.”

Alex Hudson · 0:00

“It's a show about nothing, and that really says it all for me.”

Paul Robinson · 0:00

“Judge on impact, not on audience figures.”

Alex Hudson · 0:00

Discussed

BBC · YouTube · Netflix

Also mentioned: Stuart McLean · John Simpson · Tom Chivers · Holly Willoughby · Phillip Schofield · Jerry Seinfeld · Steve Coogan · Jimmy Savile · Taylor Lorenz · Elon Musk · Mark Zuckerberg · Donald Trump · Mark Austin · ITV · Reach plc · DMG Media · News UK · TikTok · Spotify · Disney · Amazon · Paramount · WNYC · Pushkin Industries

Mentioned or recommended

  • Newsnight · tv show · BBC
  • The Reckoning · tv show · ITV
  • Big Brother · tv show · Endemol
  • Seinfeld · tv show · Larry David and Jerry Seinfeld
  • Bible John · podcast · BBC
  • Who Owns the UK Media? · publication · Tom Chivers
  • This Morning · tv show · ITV