James CurranThinkers

Advertising (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠a licence to do business: since a paper without advertisers stops being viable, they hold a de facto licensing authority over the press.

The Free market (n.) silenced ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠Britain's radical press where libel laws, security bonds and punitive taxes had failed: once the taxes went, not one new working-class daily appeared for the rest of the century.

The Quality press (n.) does ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠more than reflect its middle-class readers' values; it gives them force and clarity and keeps renewing the ruling consensus.