Similar Stories to Australian Media Groups Are Rocked By Job Cuts, Following Lapsed Meta Deal, Slowing Economy on Bing News

Patrick Frater, Variety
Mon, 07/01/2024 - 9:36pm

Nine Entertainment, Australia’s largest media conglomerate last week announced plans to cut 200 jobs. It blamed a weak advertising market and the non-renewal of a news content deal with Meta, the U.S. giant that operates Facebook and Instagram. It also follows scandals over alleged misbehavior by staff. That is a pattern that follows other media […]

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Topics:  entertainment   australia s   meta   u.s    facebook   instagram   media   job   deal   
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