By Margo Kingston
Source: ABC The Drum
June 25th 2012
So, it’s finally over. Although it has been coming for a long time, really. What happened last week was just the full stop.
Decades of mismanagement and executive asset stripping now sees Fairfax on its knees, bending to Gina. And there is the real prospect that hard copies of the Sydney Morning Herald and The Age will cease.
What next?
It is not on to have one big newspaper group in Australia. Fairfax hasn’t done the job of serious, gutsy competition for years, but at least it was there. Now that Murdoch has just bought the excellent online ‘Business Spectator’, that refuge for top Fairfax business reporters and analysts, that vehicle for getting the truth out about Murdoch is no more.
And where’s the protest at the prospect that he will control Foxtel by buying out Packer’s stake? He nearly…
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