Magazine production example

Empire Magazine is part of the publishing sector of media. It is a film magazine published monthly by its owner Bauer Media Group.
Bauer Media Group manage over 600 magazines, over 400 digital products and 50 tv and radio stations.
Their portfolio includes print shops, postal, distribution and marketing services.
They have approximately 11,000 employees in 17 countries. Including the USA, The UK and Russia.

Finance
Fixed costs for Empire would be the working premises.
The wages that the workers are paid.
Loan repayments.
Insurance.

Variable costs will be:
Models hired to be photographed.
Photographer.
Reporters will be paid for getting stories, information or for interviewing someone.

Major roles for magazine production are:

Editor In Chief

Art director 

Picture editor

Copy editor

Proofreaders

Production manager

Department editors 
Creative director 
Art editor 

Design director 
Designers

The finance comes from copies of the magazine being sold, either online or a physical copy, and adverts in the magazine. 

The regulatory body for magazines is IPSO.  They make sure magazines and newspapers follow the editors code.

The codes has 16 sections. These are:

1. Accuracy: The press must take care not to publish inaccurate, misleading or distorted information.  

2.Privacy: Everyone is entitled to respect for his or her  private life, family life, home and health.

4. Intrusion into grief or shock: In cases involving personal grief or shock, enquiries and approaches must be made with sympathy and discretion.

5.Reporting Suicide: To prevent stimulative acts avoid excess detail on method used.

6.Children: all children must be free to complete their time at school without intrusion. They can't be approached or photographed without permission. 

7.Children in sex cases: The press must not, even if given permission, identify children under the age of 16 who are victims or witnesses in a sex offence. 

8.Hospitals: Journalists must identify themselves and obtain permission before entering non public parts of a hospital. 

9.Reporting of Crime: Friends or family of convicted person must not be identified without consent.

10. Clandestine devices and subterfuge: The press must not seek to obtain or publish things from hidden cameras or listening devices.  

11. Victims of sexual assault: The press can't publish material that will lead to the identification of a victim.

12. Discrimination: The press must avoid prejudicial or prejatorive references to an individual's race, colour religion, sex, gender.  

13. Financial journalism: Journalists cannot use their own profit financial information. 

14. Confidential sources: Journalists have no moral obligations to protect confidential sources.

15. Witness payments in criminal trials: 

16. Payments to criminals

Copyright is the legal right that grants the creator exclusive rights to the use and distribution of their work. 

Ethical considerations 
Not misleading the public
respecting privacy 

Health and safety considerations
Health and safety considerations are risks that have been identified and employees are made aware of them. 
These could be loose wires that someone can fall over, where to go if there's a fire.

A Trade Union is