Saturday, October 31News That Matters

Tag: newswire

Australian newswire will get authorities bailout

Australian newswire will get authorities bailout

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By AFP     21 hours ago in World Australia's struggling nationwide newswire was promised a Aus$5 million (US$3.7 million) authorities bailout on Friday, appropriate days after launching a crowdfunding campaign in an are trying to ensure its survival.The Australian Related Press had been going thru an unsure future since being abandoned by main shareholders -- Rupert Murdoch's Recordsdata Corp and broadcasting and newspaper community Nine Entertainment -- in March.The authorities's decision to step in to avoid wasting the 85-365 days-outdated newswire was made on tale of "public hobby journalism is extreme now, greater than ever", communications minister Paul Fletcher stated.He cited the outlet's extreme position in ...