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Nine Entertainment to cut 200 jobs as Meta content deal ends

Max Mason

Nine Entertainment will cut around 200 jobs to deal with a weaker advertising market and as a content deal with Meta, which runs Instagram and Facebook, ends.

The company, in internal notes, told staff on Friday morning that between 70 and 90 positions would be made redundant across its publishing business – which runs The Sydney Morning Herald, The Age and The Australian Financial Review – with 38 coming from television news and current affairs. The remainder will come from corporate and digital, which includes the Pedestrian and nine.com.au platforms.

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Max Mason covers financial crime, courts 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/nine-entertainment-to-cut-200-jobs-as-meta-content-deal-ends-20240628-p5jpiu