AAP sale finalised as consortium of investors becomes newswire’s new owner

August 5, 2020 10:58

A consortium of investors and philanthropists, fronted by former News Corp executive Peter Tonagh, has officially taken over Australian Associated Press (AAP).

The sale ends 85 years of major publishing groups, led by News Corp and Nine, owning the Keith Murdoch-founded newswire.

The sale was an essential act of resuscitation for AAP, which was otherwise going to come to the end of its life in June.

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Brittney Rigby

Brittney Rigby was Mumbrella's deputy managing editor - news and analysis. She left Mumbrella in April 2021.

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AAP sale finalised as consortium of investors becomes newswire’s new owner

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