News Corporation Reports $817 million loss as newspapers lose value

Rupert Murdoch’s News Corporation has recorded an $817 million loss across the year as the values of its newspaper mastheads declines. Despite $40 million in cuts to many of its papers and a profit of $300 million last year News Corp has been unable to slow the loss of money as print media is abandoned…

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…