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AAP newswire saved but half the jobs to go

Max Mason

The Australian Associated Press newswire will be sold to a consortium, in a bittersweet deal that will save the 85-year-old news service but mean half the editorial jobs will go.

AAP chief executive Bruce Davidson told staff of the sale, first revealed by The Australian Financial Review on Friday, to a consortium led by former News Corp Australia and Foxtel chief executive Peter Tonagh.

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Max Mason covers insolvency, courts, 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/sale-of-aap-newswire-to-impact-consortium-confirmed-20200605-p54zzj