Australia going through a big media shakeup.

Nine news (publicly listed) will merge with Fairfax news (private), with Nine to take over. Fairfax CEO - Gregory Colin Hywood.

Also Sky news (Murdoch) will get a 24/7 channel on free to air TV, you had to pay to watch Sky before.

https://www.heraldsun.com.au/business/companies/fairfax-media-and-nine-entertainment-have-announced-plans-to-merge/news-story/17f952a1139c8d463679ebd1debce34a

> IN ONE of the biggest media deals ever seen in Australia, Nine and Fairfax have announced plans for a $4 billion merger that will see the name “Fairfax” disappear from the nation’s media landscape.

> The merger will cut costs for both the broadcaster and the publisher, setting up a single entertainment giant with exposure to network television, streaming and news delivery.

> Nine shareholders will own 51.1 per cent of the combined entity and Nine CEO Hugh Marks will lead the new company.

> Fairfax shareholders will own the remaining 48.9 per cent.

https://www.adnews.com.au/news/win-network-to-launch-sky-news-channel-after-securing-supply-deal

> Australian News Channel (ANC) and the WIN Network (WIN) have sealed a program supply agreement that will see WIN broadcast Sky News content across its regional free-to-air television network on a dedicated channel, 'Sky News on WIN'.

Sorry if its been posted.

Facebook lawyer quiting.

https://www.recode.net/2018/7/24/17605902/facebook-colin-stretch-lawyer-leaving-investigation-ftc-russia

>Colin Stretch, Facebook’s top lawyer and the man who led Facebook’s investigation into Russian election interference efforts following the 2016 U.S. presidential election, is leaving the company at the end of the year.

>Stretch, who has been at Facebook since 2010, posted on Tuesday that he’s planning to leave the social giant but will stay on until the end of the year to help find his replacement.

>“There is never a ‘right time’ for a transition like this, but the team and the company boast incredible talent and will navigate this well,” Stretch wrote. “I am committed to doing my part to assist with the transition and will stay on through the end of the year.” Stretch, who lives in Washington, D.C., added that Facebook needs “sustained leadership in Menlo Park,” something that’s apparently hard to provide from the East Coast.

>>2294986

Fuckin love this map.