Welcome to Lexington’s weekly round-up of media news and the latest moves in journalism. To subscribe please email 


Netflix effect

860,000 TV licences were cancelled in 2017-18, up from 798,000 the previous year. The 2,300 cancellations per day have been largely attributed to the ‘Netflix effect’ – as viewers turn towards cheaper on-demand TV services. A year-long Netflix subscription totals just £72 per year, less than half the £150.50 it costs for a BBC TV licence. Matthew Moore, Media Correspondent at The Times, reported that the figures ‘represent the first official data to support anecdotal evidence that the “Netflix effect” is leading viewers to abandon the BBC entirely’.

Hallo, goodbye

Luxury magazine Monocle, which has been printed in Cornwall for a number of years, will now be printed in Germany amid fears of a no-deal Brexit. Editor-in-chief Tyler Brûlé said during an interview with Bloomberg: ‘There just isn’t much of a plan in this country… People are like “Oh well, it might work, let’s see what happens,” and we can’t afford to do that. We wanted to make sure we felt confident we had a plan.’

Trust in me
Nearly a third of people (29%) read more news now than before the 2016 referendum, results from this year’s Edelman Trust Barometer found. Worryingly, 55 per cent of the 2,000 people surveyed said they felt their views were not represented in the British media although news engagement (consuming or sharing content) was 22 per cent higher than the previous year’s results.

Globally, 44 per cent of people trust social media as a source of news, a figure which drops to 34 per cent in both Europe and the U.S and Canada. Around 73 per cent of 33,000 people surveyed across 27 countries said they worry about false information or fake news being used as a weapon.

Mystery man

An unnamed investor has bought a 20 per cent stake in the Evening Standard through a company based in the Cayman Islands, according to the Financial Times. The paper’s owner Evgeny Lebedev has not given any details on the identity of the purchaser, who now owns a significant stake in the capital’s principal newspaper, which distributes 850,000 copies daily. Two years ago Sultan Muhammad Abuljadayel, a Saudi investor, bought a 30 per cent stake in the Independent, which led to some doubts about its editorial freedom.


A judge has ruled that the Syrian Government is liable for $302.5 million in damages for deliberately targeting The Sunday Times journalist Marie Colvin during air strikes on Homs in 2012. The judge said it was ‘a targeted attack on a media centre hosting foreign journalists that resulted in two fatalities and multiple injuries… an unconscionable act’. Colvin has been remembered in a recent biography by Channel 4 international editor Lindsey Hilsum and the film, A Private War, where she is played by Rosamund Pike.




Beth Rigby has been appointed political editor at Sky News. Tweeting the news this morning, Rigby said: ‘I’m absolutely thrilled to be appointed Sky News’s Political Editor. Huge opportunity and responsibility at such an important time in our political life. An honour to follow in the footsteps of @faisalislam and @adamboultonSKY.’

Edith Hancock is now online editor at The Drinks Business.

Jane Lavender has been appointed assistant editor of the Daily Mirror.

Andrew Dagnell is now the acting head of newsgathering at ITV.

The creator of Blue Planet II, James Honeyborne, has followed David Attenborough after quitting BBC to sign a deal with Netflix.



If your organisation needs communications advice, or you would like more information about how Lexington’s team of media experts can support you, please contact

To get our media round-up in your inbox every Monday, please email