19 Mar 2013

England does it! Regulation of press has arrived. They brought it on themselves!

Historic' deal on press regulation in England

The Guardian

A shell shocked newspaper industry was struggling to come to terms with a sudden all-party agreement to create a powerful new press regulator designed to prevent a repeat of the phone-hacking scandal.
The independent regulator will have powers to impose fines and demand prominent corrections, and courts will be allowed to impose exemplary damages on newspapers that fail to join the body.
All three party leaders hailed the "historic" deal, sealed in extraordinary late-night talks on Sunday in the office of the Labour leader Ed Miliband after months of wrangling.
Under the deal, the newspaper industry has lost its power to veto appointments to the body that will replace the Press Complaints Commission, the previous regulator discredited by its failure to investigate phone hacking by leading newspapers.
The Guardian's editor-in-chief, gave a cautious welcome to the deal. He said: "We welcome the fact that there has been cross-party agreement. The regulatory settlement is by and large a fair one, with compromises on all sides. 
The Australia press is laughing at them, because in Australia they've got the government by the short and curlies!