memeburn :: Fairfax, the second largest Australian newspaper publisher, recently said it would cut 1900 jobs, almost 20% of its staff. I was asked for comment by the Australian Broadcast Service, which was concerned about the effect on independent news from the loss of hundreds of top journalists.
I said that it would have an adverse effect because well-financed special interest groups would have a field day promoting their agendas.
[Tom Foremski:] There’s very little that can be done to stem the loss of journalists because we don’t yet have a business solution to this problem, which is the direct result of a disruptive technology at work, one that continues to devastate the media industry. And there will be even more job losses to come.
Continue to read Tom Foremski, memeburn.com
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