Opinion
A government-backed ACCC push to make Google and Facebook pay publishers for Australian news risks backfiring on all parties including consumers, argues Richard Holden. He says that government itself should help subsidise journalism in the interests of democracy.
Media and marketing
Nine Entertainment has reported a more than half a billion annual net loss after a challenging year when advertising earnings slumped and the coronavirus pandemic took hold.
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The pandemic’s economic impact on top of already tough times had led to what has been called an “extinction event” for community and regional newspapers. Mapping the resulting “news deserts” reveals the wipeout’s scale, writes Gary Dickson.
The News Corp media empire began as a means to disseminate propaganda on behalf of its industrialist owners, and not much has changed, argues Sally Young.
The future of a stable of newspapers across regional South Australia is uncertain, after a Sydney buyer scooped them up in a national deal worth $115m.
News Corp has lifted first-quarter profit 48.5 per cent to $US101 million ($A138.8 million) despite a seven per cent fall in revenue at its Australian newspapers.
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