Fifield: Ten’s voluntary administration a ‘wake-up call’ to opponents of proposed media reforms
Minister for Communications and the Arts Mitch Fifield has called on Bill Shorten and Labor to “show they care about the Australian media industry” and support the proposed media reforms, following the news of Ten’s voluntary administration this morning.
In a statement, Fifield said Ten’s announcement of voluntary administration was a “wake-up call to the opponents” of the new media reform package.
Stupid Men, Fiffield ield and Turnball are putting geenrtaions of putting generations of future elections at risk. Why shoudl only News/Murdoch be allowed to buy TEN. Tunrball is like the Picture of Dorian Gray, destroys the Liberal Party (RIP: 1949-2019) and destroys the balance of media power in Australia even more for the Murdoch empire, whicha ccoutns for over 65% of all 24/7 or 24 hr cycle content creators operating earnring in 2016 aganst all other similar content media companies in Australia (radio TV ,magazines and newspapers). The next biggest -SEVEN, is only 1/5th the operating profit size of the NEWS family australian media businesses they control..
Social media is a far more powerful a force for the hearts and minds than the ‘old’ technologies that are struggling to survive in this era. Sure an equal playing field would help by dropping the 2 out of 3 rule and license fees. If you’re talking profits you can’t go past Facebook and Google – absurdly high! Various governments have meddled with media laws for too long and are way too slow responding to the needs of Australian broadcast media. It’s time for real reform!