First and foremost I want to express my gratitude to the Reuters Institute for the Study of Journalismand my sponsor, the Alfred Geiringer Fellowship Program and the Austria Press Agency (APA), forgiving me the opportunity to spend one term in the incredible academic environment of OxfordUniversity and to carry out this research. Without these institutions none of this would have beenpossible.The past two and a half months have been very intense, always challenging and full of surprises. Atime packed with interesting lectures and seminars, a time that allowed me to get to know some of the most moulded experts in the field of journalism and beyond, and last but not least a time thatwas hallmarked by upsetting and fascinating events in the British media system.Furthermore I want to thank my supervisor, Robert G. Picard, for his enormous help and good willand especially for his positive attitude which guided me through some rough times during thisresearch. Thanks also to the news agencies and media experts who were willing to answer myquestions in spite of their very busy schedules.I want to thank the Institute’s staff and the other journalist fellows. It was an honour and a pleasureto meet all of you. Not only did I get new insights in the media landscape from your home countries,but also enjoyed your company immensely and was deeply inspired by all of you.And finally, thanks to family and friends who were extremely supportive.