Australian media must consolidate to survive
The media market is rapidly evolving, as traditional media makes way for new digital formats. Unfortunately, industry regulation is slow to catch up, with outdated ownership laws that predate the advent of the internet. The ACCC's raised concerns of the proposed merger between APN Outdoor and oOh! Media sets a dangerous precedent, just at a time when it seemed like regulatory framework was being rationalised and reformed. (VIEW LINK)
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