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...Read "British Net Firms in Music Piracy Deal...

Author: /time Magazine | Title: Vera Lynn: Britain's 92-Year-Old Pop Sensation | 9/22/2009 | See Source »

...attendees themselves were even more strident. "The bonus bubble burst tonight," said Swedish Prime Minister Fredrik Reinfeldt, whose country holds the E.U. presidency. He said inaction on bonuses would be a "provocation in Europe, especially when set against a steep rise in unemployment." And British Prime Minister Gordon Brown said there would be no return to the bonus structure of the past. "I am personally appalled by some of the practices that have been going on at some institutions," he said...

Author: /time Magazine | Title: The E.U. Talks Tough on Bonuses, but Will It Act? | 9/22/2009 | See Source »

...Monday's meeting, some speakers speculated about what this could mean. Nobody can deny that British newspapers are feeling the pinch; there have been redundancies at most titles, and many predict increasing consolidation of national and regional titles. Observer journalists still fear the Guardian-ization of their newspaper. A union representative warned that any attempt to impose compulsory staff cuts would trigger a strike ballot. But the bulk of the evening was devoted to fond reminiscences of past Observer glories and readings from its archive. (Wisely, nobody attempted the 26,000-word leading article published in 1956, a translation...

Author: /time Magazine | Title: After 208 Years, Is Britain's Observer Near the End? | 9/22/2009 | See Source »

Journalists often stand accused of neglecting good news in favor of bad. And on Monday evening, some of the most eminent names in British journalism seemed frankly perplexed at how to handle a piece of good news: namely, that their employer, the Observer, had been saved from the chop. They had called a meeting in London to plot a campaign to rescue the world's oldest Sunday newspaper. Despite news of the paper's reprieve, they assembled anyway. As the room filled to capacity and then filled beyond capacity, one Observer writer wondered aloud at the size of the turnout...

Author: /time Magazine | Title: After 208 Years, Is Britain's Observer Near the End? | 9/22/2009 | See Source »

...twin challenges of repositioning print media for the digital age and a global downturn in advertising threatened to deliver the coup de grâce. In August, word leaked of proposals to turn the Observer into a Thursday magazine. In keeping with the robustly competitive spirit of British newspaper journalism, the story was broken by the Observer's arch-rival, the Sunday Times, a weekly broadsheet owned by Rupert Murdoch's News Corp. (See pictures of Rupert Murdoch...

Author: /time Magazine | Title: After 208 Years, Is Britain's Observer Near the End? | 9/22/2009 | See Source »

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