The ABC loses more in the Meta v media and government standoff
The more decisive the Albanese government is in its war with Meta, the more the ABC will lose in its Meta deal; Tentative open season for AI at News Corp.
In the maelstrom of war between Meta, the media and the Albanese government, spare a thought for the ABC. Of all the media outlets who could soon lose a significant chunk of (nearly) free money, the public broadcaster will likely be hit the hardest.
Sure, it gets plenty of funding from the government. But the ABC diligently took its Meta cash and hired 60 journalists, adding 10 new regional areas for coverage. Losing this revenue would “create a financial challenge” for the ABC, MD DavidAnderson says.
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Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.
