More than 100 jobs at the Sunday Times could go after Seven West buyout

by admin on July 15th, 2018

filed under 南京夜网

Jobs will be lost at the Sunday Times. 100 jobs could be lost at the Sunday Times with Seven West Media’s takeover of the paper. Photo: Ian Waldie
Nanjing Night Net

More than 100 jobs could be lost at the Sunday Times with the Kerry Stokes-owned Seven West Media takeover of the tabloid paper.

WAtoday revealed back in February, the Rupert Murdoch-owned News Corporation was in talks with Seven West Media about the sale of the Sunday Times.

The sale of the iconic Sunday paper to Seven West Media will give media baron Kerry Stokes a monopoly on mainstream newspapers in Western Australia.

According to the ABC, staff at the the West Australian have been told up to a hundred full-time and casual workers jobs will be slashed in the printing area.

“It is believed only a minority of Sunday Times editorial staff will be kept on — as little as 15 from about 60,” the ABC reported.

“Final numbers may not be known until late October.”

The Australian Consumer and Competition Commission put out a statement earlier this month saying it would not not oppose Seven West Media’s bid to purchase the Sunday Times newspaper and Perth Now website from News Corp.

“The ACCC received a significant amount of feedback about diversity and quality of news from consumers in Western Australia. We also listened carefully to concerns raised by businesses who advertise,” Chairman Rod Sims said.

“Following an extensive review, the ACCC has reached the view that the proposed acquisition is, on balance, not likely to substantially lessen competition for either consumers or advertisers.

“The large decline in print newspaper readership formed a major part of our analysis. Many consumers in WA are now getting their news online or from other sources.

“We gave consideration to other online news alternatives … including Fairfax’s WAtoday南京夜网419论坛 and ABC News’ dedicated West Australian website.”

The Media, Entertainment & Arts Alliance (MEAA) told Fairfax Media in May, it had concerns about the impact the potential sale would have on media concentration in WA.

​”Any loss of distinct voices and news coverage in a location like Perth will have an impact on the quality and diversity of news delivered to the public,” MEAAMedia director Katelin McInerney said.

“Given the geographic isolation of Perth and the importance of Western Australia to the nation’s economic welfare and public debate, this is an incredibly important development. MEAA will continue to closely monitor the situation and consult with both members and the two companies involved.”​

– With David PrestipinoFollow WAtoday on Twitter

This story Administrator ready to work first appeared on Nanjing Night Net.

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