Australian Media Groups Are Rocked by Job Cuts, Following Lapsed Meta Deal, Slowing Economy

Nine Entertainment, Australia’s largest media conglomerate last week announced plans to cut 200 jobs. It blamed a weak advertising market and the non-renewal of a news content deal with Meta, the U.S. giant that operates Facebook and Instagram. It also follows scandals over alleged misbehavior by staff. That is a pattern that follows other media […]
Variety