[LINK] Whatever happened to Fairfax?

[David Boxall]

On 19/06/2012 3:18 AM, Frank O'Connor wrote:
> ... Fairfax will conclusively bite the dust within a couple of years. Of course, at 60 cents a share, that's small change for Gina, so even if Fairfax does go under she hasn't lost much ... comparatively speaking.
Rhinehart will have destroyed a source that militated against her 
short-term interests. In her eyes, I doubt that's a loss at all.

> ...
> As Jan said, it's simple on the Net to switch providers for news and current affairs. ...
Despite the worst efforts of John Howard, the ABC is still reasonably 
credible.  Can we keep it that way? Do we need substantial legislation, 
perhaps even a constitutional amendment, to mandate independence for our 
national news provider?

 > ... The great thing about the Net is also that the capital
 > requirements for setting up a widely disseminated and available news
 > service are minimal compared to the days of pure print, ...
That sword has two edges.

 > ... and that good, balanced journalism tends to attract a ready
 > audience.
 > ...
I'm afraid that's true of even the most rabid ravings.

-- 
David Boxall                    |  Dogs look up to us
                                |  And cats look down on us
http://david.boxall.id.au       |  But pigs treat us as equals
                                                    --Winston Churchill