Comment on Australian Media Groups Are Rocked by Job Cuts, Following Lapsed Meta Deal, Slowing Economy

Australian Media Groups Are Rocked by Job Cuts, Following Lapsed Meta Deal, Slowing Economy

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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