What type of news coverage do people value according to the text?
2009 MacTaggart Lecture in Edinburgh by James Murdoch
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The transcript discusses the concept of genuine independence, highlighting its rarity and the limitations of governance structures in ensuring it. True independence is characterized by the absence of supervision and dependency, and is sustained by accountability to customers who value honest and fearless news coverage. The conclusion emphasizes that profit is the only reliable guarantor of independence.
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What is described as the only reliable guarantor of independence?
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