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How Ancient Rome inspired a newswire's escape from death

How Ancient Rome inspired a newswire's escape from death

There is hope for Australian Associated Press after investors with a sense of social purpose decided to pitch in and resurrect it as Acta Diurna AAP, writes media and marketing editor Max Mason.

AAP newsroom in 1964. Many journalist jobs have disappeared recently but that has not prevented investors in seeing value in the news service.

The AAP newsroom in 1964. Many journalist jobs have disappeared recently but that has not prevented investors seeing value in the news service. 

Max MasonSenior reporter
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When Nick Harrington and John McKinnon met during mid-2019 to talk about a potential investment in Spotless Laundries, the conversation turned to a future opportunity for impact investing in the media landscape.

Impact investing – which seeks both financial gain and measurable social good – the pair thought, could be an opportunity with the sector under immense stress for many years, but its importance to society was never as paramount.

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Max Mason
Max MasonSenior reporterMax Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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Original URL: https://www.afr.com/companies/media-and-marketing/how-ancient-rome-inspired-a-newswire-s-escape-from-death-20200702-p558bi