Things are looking grim for the Australian news industry. While some media leaders are pinning the blame on Meta for ending its lucrative deals, other factors like a soft advertising market and the international, cross-sector competition for eyeballs are also to blame for falling Australian media revenues and diminishing valuations. Not even growing concern about misinformation or a steadying of the number of Australians who are interested in, consume and pay for news is enough to cushion the blow.
While the Australian News Mapping Project keeps track of the number of news outlets across the country, nowhere is keeping track of how these newsrooms are changing.
Crikey is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while we review, but we’re working as fast as we can to keep the conversation rolling.
The Crikey comment section is members-only content. Please subscribe to leave a comment.
The Crikey comment section is members-only content. Please login to leave a comment.