MEAA call for government assistance to preserve public interest journalism

The Media and Entertainment Arts Alliance are calling for the Government to step in and preserve public interest journalism. Distribution and production of media has shifted with the prevalence of social media. Despite becoming a useful distribution tool, major media outlets are losing revenue. “Social media has take a lot of our content. It has…

Fairfax Shares Rise During Bidding War

Fairfax’ shares have risen by 6.9 per-cent, taking them to a six-year high, after receiving competing bids for the company. The competing bids come from Australian telecommunications company TPG and US private equity company Hellman & Friedman. Hellman & Friedman are an established media investment company located in both New York City and San Francisco.…