Not many of our newspapers can call themselves British-owned - yet most remain indisputably British. This is due partly to the nature of the products, but also their reliance on the judgment and sensibilities of the journalists that put them together.
The only group with an old-style British baron at its helm is Associated Newspapers, owner of the Daily Mail. Following the death of Lord Vere Rothermere in the early autumn, some wonder whether his son, Jonathan Harmsworth, will be the last in a line of UK media tycoons.
In Challenge for the Mail heir on page 40, Roy Greenslade analyses the scale of the task facing the 30-year-old who finds himself sitting at the helm of the a multi-billion pound media empire. Investors hope he will capitalise on the hard-won positions of three newspaper titles - the Daily Mail, The Mail on Sunday and the Evening Standard - and lead the group into battle in other areas of the media. With a list of adversaries that includes Rupert Murdoch, Conrad Black and Tony O'Reilly, one can guarantee he will not be given an easy ride.