Industry News

How the government can help save local news without endangering its editorial independence (US)

Google to pay US$1b for news but Australia depends on ACCC code

Over 3 million New Zealanders read newspapers and more than 1.9 million read magazines in 2020

Payment negotiations with media companies unworkable, warns Google boss

UK charity launched to support public interest journalism

‘Public interest journalism is important’: Government gives AAP $5m

Regional publishers hit back at Facebook’s ‘inflammatory’ threat to ban news sharing in Australia

The value of diversity in the newsroom

Facebook threat would only worsen misinformation epidemic it created

Do Facebook and Google protest too much?

‘We don’t respond to coercion’: Josh Frydenberg stares down Facebook threat

Google and Facebook should pay to use ABC and SBS content, ACCC told

The coronavirus has closed more than 50 local newsrooms across America. And counting.

ACCC corners Google, Facebook

Competition regulator Rod Sims knew he was on the right track with his strategic move against Google and Facebook when he received a phone call from one of his peers offshore.

Reform ‘won’t fix defamation’

Leading authorities on defamation law have warned that one of the key reforms due to be approved on Monday — a new defence for public interest journalism — is unlikely to herald a new dawn for the media.

Foxtel’s residential subscriptions plunged by nearly 200,000 in 2019

Foxtel’s residential audience fell by almost 200,000 subscribers last year, documents filed with the US Securities and Exchange Commission show.

Defamation law set for overhaul to protect public interest journalism

Australia is set to introduce a new defamation defence to protect public interest journalism, as NSW spearheads national reforms aimed at protecting free speech and reining in escalating damages payouts.

TV revenue cut by a third despite more people watching

Commercial television revenue slumped over 30 per cent in the second quarter of the year as advertisers spooked by low consumer confidence and a weak economy pulled back on spending.

Publishers look to close print sites in cost-saving push

Australia's largest newspaper publishers are in advanced discussions about shutting some print centres and merging other operations as they look for ways to reduce costs without cutting editorial jobs.

Privateers snooping for distressed assets in struggling local media space

The Australian media industry is said to have become a happy hunting ground for private equity firms hoping to snare a bargain, with Kohlberg Kravis Roberts and buyout fund Silver Lake Partners coming up in conversation.

Ita on the attack over ABC

Buried away in the safe waters of afternoon radio with Deb Knight on 2GB and 4BC on Wednesday, Ita Buttrose conducted her first interview since the ABC cuts.

Anthony Albanese vows to reverse ABC budget freeze

Anthony Albanese has pledged to end the freeze on the ABC’s budget and give it $83.7m if he wins the next federal election as Labor releases a social-media attack advertisement against the government’s handling of the public broadcaster.

‘Significant impact’: Facebook’s Zuckerberg in a bind as advertisers head for the exits

A growing list of Facebook's advertisers is set to halt spending on social media, undermining the company's sales outlook and putting its stock price under further pressure.

AAP sold to philanthropist investors

Australia’s oldest Newswire, AAP, has been sold to a group of investors and philanthropists for an undisclosed sum, ending more than three months of uncertainty for its staff and customers.

ACM to resume publishing suspended regional newspapers

Australian Community Media will resume publishing “a big chunk” of its regional newspapers suspended more than two months ago as advertising revenue dropped during the coronavirus crisis, but not all the mastheads will return this week.

Google agrees to pay for news content

Google has landed agreements with a number of publishers to license news content, including in Australia, in an about-face that shows the tech giant is ready to begin paying for news.

Why region papers needed to go: News Corp boss

News Corp global chief executive Robert Thomson says the shutdown of more than 100 print newspapers in regional and community areas in Australia in favour of a digital-only model was necessary to ensure the viability of the titles shifting to online.

Facebook says it doesn’t need news stories for its business and won’t pay to share them in Australia

Facebook has rejected a proposal to share advertising revenue with news organisations, saying there would “not be significant” impacts on its business if it stopped sharing news altogether.

More jobs to go at News Corp in metro restructure

News Corp Australia will slash dozens of roles in its metropolitan and national newsrooms as it attempts to simplify its operations to counter a slump in advertising.