Antinuclear

Australian news, and some related international items

Crikey and Media Watch v Friendlyjordies and IA

Independent Australia, By David Donovan | 19 September 2022,

Despite its claims of being small and independent, Crikey uses its cronies in the mainstream media, including ABC Media Watch, to promote itself and its funding campaigns and attack its competitors. Another eye-opening exposé by Dave Donovan and Michelle Pini

AUSTRALIAN news website Crikey, which you have probably never heard of before, recently launched a successful crowdfunding campaign to fund its defence of a defamation lawsuit.

However, Crikey is owned by billionaire and millionaire media tycoons, influential media insiders and affluent identities. It is small, perhaps, but only in the sense that it is not very well known, respected or read.

You might think a publication with that sort of backing and those sorts of connections wouldn’t need to reach out to ordinary Australians for cash. We discuss this issue in previous articles HERE and HERE, where you can also get a more detailed understanding of the big money and the insiders behind Crikey.

This article is about how one of Crikey’s major media insider shareholders, who hosts a program on Australia’s public broadcaster called Media Watch, used his position to promote Crikey’s deceptive crowdfunding campaign. Promoting Crikey, despite previously utterly discrediting other truly independent journalists engaged in crowdfunding campaigns. It will also discuss other links between Media Watch and Crikey.

Crikey, Paul Barry!

In a recent Media Watch segment (30 August), host Paul Barry discussed Crikey‘s latest media campaign, using imagery lifted seemingly straight out of Crikey’s crowdfunding schtick:……………………………..

Nowhere did Barry mention that Crikey is backed by media tycoon billionaire JB Fairfax — a fierce dynastic competitor to the Murdochs. Nor did Barry choose to note that Irish-Australian media tycoon Cameron O’Reilly, who made much of his fortune selling his newspaper business to the Murdochs, also holds a large stake in Crikey

Some way into his segment, tacked onto yet another statement about how tiny Crikey is, Barry did, briefly, just in passing, gloss over his glaring conflict of interest:

“Crikey is a Melbourne-based news site with 11 journalists and around 25,000 subscribers — and I should declare I once worked for it and have a very small shareholding.”

……………….. As for Paul Barry’s “very small shareholding” in Crikey — well, small does seem to be a term thrown around a lot by Crikey and its cronies. According to Fairfax Media, in June 2012, Paul Barry was given around $152,000 worth of shares in Crikey’s parent company, Private Media. Accounting for inflation, this would be the best part of $200,000 in today’s money.

Compared to Lachlan Murdoch and JB Fairfax, that may appear small, but to ordinary Australians? To the average everyday person and to this, in fact, impecunious, independent small news website, it is a huge amount. It is also significant enough for Barry to be listed in the ASIC’s Current & Historical Company Extract as a key shareholder in Private Media https://independentaustralia.net/business/business-display/crikey-and-media-watch-v-friendlyjordies-and-ia,16778

September 22, 2022 - Posted by | AUSTRALIA - NATIONAL, media

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