In the wake of news that Fairfax – Australia’s major newspaper owner – has posted a net loss of $380 million for the year to June 30, its managing director has said he he would be ‘happy to talk’ to his rival, Murdoch’s News Corporation, about paid content plans.
Fairfax’s newspapers includeThe Sydney Morning Herald, The Age in Melbourne, and The Australian Financial Review.
“Fairfax Media, Australia’s oldest newspaper company, plunged into a first-half loss on Monday after writing down the value of its mastheads and incurring heavy restructuring charges, underlining the plight facing media companies,” reports the FT.
Well, we could have brought you ‘Flocking Around the Twitmas Tree’, ‘We Three Nings’ or just a straightforward end of the year list (if only to add to our list of lists), but instead we chose this: your sing-along treat to round-up 2008 is the ‘Twelve Days of Online Media Christmas’ (hyperlinked to relevant stories, but bear in mind it’s a selection of picks and not comprehensive…).
On the first day of Christmas my feed read’r brought to me … An editor in a law court
… Seven pipes a-mashing, Six sites out-linking, Five Tweeeeeetin’ friends, Four journo forums, Three web gaffes, Two arrested hacks, And an editor in a law court!
On the ninth day of Christmas my feed read’r brought to me … Nine strikers strikin’
… Eight maps a-plotting, Seven pipes a-mashing, Six sites out-linking, Five Tweeeeeetin’ friends, Four journo forums, Three web gaffes, Two arrested hacks, And an editor in a law court!
On the tenth day of Christmas my feed read’r brought to me … Ten blogs a-blooming
… Nine strikers strikin’, Eight maps a-plotting, Seven pipes a-mashing, Six sites out-linking, Five Tweeeeeetin’ friends, Four journo forums, Three web gaffes, Two arrested hacks, And an editor in a law court!
On the eleventh day of Christmas my feed read’r brought to me … Eleven papers packing
… Ten blogs a-blooming, Nine strikers strikin’, Eight maps a-plotting, Seven pipes a-mashing, Six sites out-linking, Five Tweeeeeetin’ friends, Four journo forums, Three web gaffes, Two arrested hacks, And an editor in a law court!
On the twelfth day of Christmas my feed read’r brought to me … Twelve sites a-starting
… Eleven papers packing, Ten blogs a-blooming, Nine strikers strikin’, Eight maps a-plotting, Seven pipes a-mashing, Six sites out-linking, Five Tweeeeeetin’ friends, Four journo forums, Three web gaffes, Two arrested hacks and an editor in a law court!
Former Sydney Morning Herald editor Eric Beecher has said the government may be forced to step in to safeguard ‘quality journalism’ in Australia, following last week’s announcement by Fairfax Media of 550 job cuts.
Alternative media outlets, such as websites, will not be sufficient to plug the gap left by traditional outlets unless backing is found, said Beecher.