News Limited Shakes It ALL Up
Posted: June 26th, 2012 | Author: Michael Courtenay | Filed under: World of the News | Tags: Adobe, Business Spectator, Echo Entertainment, Eureka Report, facebook, Fairfax Media, Fox Sports Australia, Foxtel, James Packer, Kim Williams, News Corporation, News Limited, Rupert Murdoch, Social Media, The Wall Street Journal, twitter | Comments Off
Australia’s media landscape has been through the ringer over the past few weeks and months, the ground is changing at a pace not seen since the eighties. The latest shake-up comes from the ever stoic News Limited – the Australian arm of News Corporation – the company has announced a massive restructuring of the way it delivers news.
The announcement on last week, which included job cuts and a reduction in east coast operations from 19 divisions to five, came days after Fairfax Media outlined plans to axe 1,900 staff, move jobs offshore, close two major printing presses and downsize its flagship newspapers to tabloids, as well as it’s ongoing boardroom battles with billionaire Gina Rinehart.
Despite the cuts, News Limited CEO Kim Williams has told staff that the organisation remains committed to print :: Read the full article »»»»
