Is the newspaper printing market as ripe for
consolidation as web offset was? (And perhaps continues to be.)
News that Guardian Media Group is considering its options re the
future printing of The Guardian and Observer titles, with talk of a partnership
with Trinity Mirror mooted, is not a surprise. What is surprising, especially
with the 20:20 vision of hindsight, is that a media group that is pinning so much on digital content chose to spend the
best part of £100m setting up its own print operations just six years ago.
There is a back story, of course. Richard Desmond's takeover
of Express Newspapers, and ultimately West Ferry Printers, resulted in what might be described as ‘lively' scenes among the
former production partners at the plant. The Telegraph hot-footed it to News
International, as did the FT.
Desmond has now opted to build his own new print plant
at Luton, and one can imagine that he enjoys the proprietorial thrill of
literally being able to stop the presses if he so chooses - something that
wouldn't happen if the Express titles were being contracted printed at NI or AN
Other newspaper plant.
DMGT also has
plans for a new plant outside of London, and it too has mulled the contract
printing idea.
As someone pointed out to me this morning, the newspaper
groups have huge amounts of print assets on their balance sheets. Wonder what
would happen if someone made a few of them the right sort of offer to make all
that go away?