The ABC’s Managing Director, David Anderson, has at least admitted that funding obtained through its arrangements with Meta has been useful in supporting 60 journalists. News Corp, Nine Entertainment and Seven News Media have been less than forthcoming, ever keen using the shield of commercial confidentiality. In terms of employees, Nine Entertainment reported a fall in the number of employees from 5254 at the end of the 2022 financial year to 4753 at the end of 2023. “It is likely,” suggests Kim Wingerie in Michael West Media, “that the A$50 million or more they receive annually from Meta and Google is used predominantly to prop up their net profit.”
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