Press Gazette
Press Gazette, formerly known as UK Press Gazette (UKPG), is a British media trade magazine dedicated to journalism and the press. First published in 1965, it had a circulation of about 2,500, before becoming online-only in 2010. Published with the motto Journalism Today, it contains news from the worlds of newspapers, magazines, TV, radio and online, dealing with launches, closures, moves, legislation and technological advances affecting journalists.
Commercially, it is funded by subscriptions and by publication of recruitment and classified advertising, as well as occasional display advertising. Since 2010 it has been owned by Progressive Media International, which also owns the New Statesman and Spear's magazines.
History
Press Gazette was launched in November 1965 by Colin Valdar, his wife Jill, and his brother Stewart. Upon the Valdars' retirement in 1983, the magazine was sold to Timothy Benn, who sold it on, in 1990, to the Canadian publishing company Maclean Hunter.
In 1994, the magazine was sold again, this time to EMAP. Three years later, the magazine along with MediaWeek and 12 other titles, was sold again, to Quantum Business Media for £14.1 million.