Australia | Reuters Institute for the Study of Journalism :

Australia | Reuters Institute for the Study of Journalism

After years of cuts, contractions and closures, Australian news businesses received millions in financial relief through commercial deals struck with Google and Meta in response to Australia’s News Media Bargaining Code. However, it hasn’t been a cure-all. The advertising market has cooled, and News Corp Australia plans to lay off hundreds of staff. In uncertain times, the continued rise in paying for online news provides a beacon of hope.

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