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Transcripts For BBCNEWS The Media Show

the media show. hello, it s the oprah, meghan, and harry show! not really, this is the media show. but if you re bored of that spectacle, i m afraid to tell you that the aftershocks are very real and relevant to us. as we always say, the media is the story. itv s share price fell by around 5%, reuters has quoted city traders who say that the fall could be partly attributed to the resignation of itv s starjournalist, piers morgan. morgan was bringing in record ratings for good morning britain, of course, but he quit on tuesday after refusing to apologise for his on air criticism of the royal couple. so, whilst the oprah interview represents an historic move , moment for buckingham palace, is it also a massive deal for british media? perhaps so. does piers morgan s departure show that his brand of highly opinionated journalism is incompatible with an ofcom regulated tv channel? and will he resurface on the new news channels that s coming to the uk which has promised to capitali

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