Antinuclear

Australian news, and some related international items

The death of Australia’s quality news media – Fairfax gobbled up by Nine

A modern tragedy: Nine-Fairfax merger a disaster for quality media, The Conversation,  Denis Muller, Senior Research Fellow in the Centre for Advancing Journalism, University of Melbourne, 

All deaths are sudden, even if long expected.

Appropriately enough, this is the opening sentence of a book called Journalism in a Culture of Grief.

And if ever there was a time of grief for journalism in Australia, it is today, with the announcement that Nine Entertainment is taking over Fairfax Media.

It means the death of Fairfax and is the most consequential change in Australian media ownership in 31 years.

It also means that three of Australia’s best and biggest newspapers – The Age, The Sydney Morning Herald and The Australian Financial Review – are now subsumed into a media conglomerate whose editorial culture is characterised by mediocre journalism.

Nine’s news bulletins consist largely of police stories with a tincture of politics, and highlights of colourful or violent events overseas.Its current affairs program, A Current Affair, is a formulaic procession of stories about consumer rorts and personal tragedies.

So there is a huge question mark over the future editorial quality of the newspapers.

A particularly pressing question is: what will happen to The Age’s investigative unit?

It is led by two of the best investigative reporters Australia has produced, Nick McKenzie and Richard Baker.

In addition to breaking an extraordinary range of major stories on subjects like organised crime and scandals in the banking industry, they have developed a highly successful collaboration with the ABC’s Four Corners team.

It seems very unlikely Nine would allow this collaboration to continue, since it involves a rival television channel.

There is also a question about editorial independence.

Fairfax has a charter of editorial independence, which all owners since 1990 have signed up to. Will Nine sign up to it? Will the charter have any meaning when the newspapers are owned by a company whose chairman, Peter Costello, was treasurer in the Liberal-National Coalition government of former Prime Minister John Howard?

The answers to these questions will not be known for some time. They will depend largely on who is given editorial control of the combined operation. Since the Nine CEO, Hugh Marks, is to be CEO of the combined operation, it seems more likely than not that it will be a Nine executive who calls the editorial shots, too.

The takeover also means a further loss of diversity in an already highly concentrated media-ownership landscape. The big players are now down to four: News Corp, Nine, Seven West Media and the ABC.

And it is almost certain to mean the loss of yet more journalists’ jobs.

Since 2012, more than 3,000 jobs have been lost across Australian journalism. Yet, if the takeover is really going to represent “compelling value” for shareholders, as Fairfax chairman Nick Falloon says, then newsroom “synergies” – to borrow the corporate jargon – are likely to be essential.

The Fairfax company’s death throes have been painful and prolonged……https://theconversation.com/a-modern-tragedy-nine-fairfax-merger-a-disaster-for-quality-media-100584?utm_medium=email&utm_campaign=Latest%20from%20The%20Conversation%20for%20July%2027%202018%20-%20107389538&utm_content=Latest%20from%20The%20Conversation%20for%20July%2027%202018%

 

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July 26, 2018 - Posted by | AUSTRALIA - NATIONAL, media

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