Media Standards report is a wake up call for the industry

This morning's big media news is the report set for release today by the media standard's trust.

It is due to say that the public's perception of the media is lower than that of bankers.

It stems partly from the numerous inaccuracies that have resulted from the cutbacks in staffing.

It is a wake up call for the media industry and a warning that you cannot keep cutting back on staffing levels without having a qualitative effect on the output.

Stephen Glover is however sticking up for the media in his Independent column today saying that

at a time when most newspapers are struggling, and some are fending off closure, it seems bloody minded to produce a report that could have been written with a much greater degree of plausibility 10 or 15 years ago.

adding that

Yes, there is much wrong with the press, but there is also a lot right with it – little of which is mentioned in this consistently negative report. Even now, with the bailiffs practically knocking at the door, we have the most plural and diverse national press in the world, and probably the most robust.