Journalism At The Crossroads: Crisis And Opportunity For The Press

In response to plunging sales and profitability, and an inexorable increase in online and social-media platforms, the Fairfax and News Limited organisations have embarked on major cost-cutting and restructuring exercises. Hundreds of journalists' jobs will be shed, printing plants will close, and The Age and The Sydney Morning Herald — our formerly iconic broadsheet dailies — will soon be downsized to a tabloid format. Meanwhile, corporate predator is hunting Fairfax, and News Corporation internationally is splitting its newspaper operations from its much more lucrative entertainment businesses.