Kate McClymont, Nick McKenzie, Richard Baker, Adele Ferguson
When Nine and Fairfax announced their merger, the impact on their journalism felt like an afterthought.
Fairfax CEO Greg Hywood said the deal was the “best outcome” for their journalism. Nine CEO Hugh Marks said he wouldn’t object to adopting the principles of Fairfax’s charter of editorial independence. But what Hywood and Marks wouldn’t comment on was whether the newsrooms would merge, how many jobs might be lost, and where costs might be cut from the news operations.
Incoming LaTrobe associate professor Andrea Carson that while the deal was predictable from a commercial perspective, it was concerning for media diversity and investigative journalism. “There are implications for the number of working journalists and diversity of news and that’s concerning,” she told Crikey.
[Nine and Fairfax to ‘merge’ into new company]
Carson, who researches investigative journalism, said the joint investigations between Fairfax and the ABC had been at a global standard, and she’d be watching what happens to Fairfax’s investigations closely. “Fairfax and ABC have been leading the way in doing collaborations, and this merger will have implications for those,” Carson said.
A collaboration between Fairfax and the ABC’s Four Corners last year about the exploitation of nursing home residents won the Walkley Award for investigative journalism. In 2014, Fairfax’s Adele Ferguson won the Gold Walkley for her investigation into negligence by banks, published by Fairfax and in another Four Corners program.
“60 Minutes is pretty much the only vehicle for what you might generously call investigative journalism at Nine,” Carson said. “The Fairfax and ABC collaborations have been leading the way, and it’s hard to imagine those being on 60 Minutes. This merger is of concern for the future of investigative journalism.”
Carson also said the merger — which will reinstate a true rival to News Corp — would return Australia to a media duopoly. “Fairfax has been diminished and this will bring it back as a rival to News Corp,” she said. “We’ve already had a duopoly in the past, with great concentration of ownership.”
While Guardian Australia was likely to receive a bump from disenchanted Fairfax readers, other digital players wouldn’t be able to cover all topics in the same way as legacy media, Carson said.
And she said other concerns are cuts that the new company will make to its newsrooms, and any more mergers. “As history has shown us, once you trigger off one merger, it tends to prompt more. I think we’ll see more acquisitions and mergers,” Carson said.
The deal will need to be approved by shareholders and competition regulator ACCC, and MEAA (the journalists’ union) is calling on the latter to block the deal.
MEAA media president Marcus Strom said in a statement that the takeover of Fairfax threatened its editorial independence, as well as that of Nine.
“It harms the ability of an independent media to scrutinise and investigate the powerful, threatens the functioning of a healthy democracy, undermines the quality journalism that our communities rely on for information,” he said. “Nine and Fairfax must explain how they intend to defend the integrity of independent quality journalism in any combined entity.”
MEAA has also called for guarantees on existing conditions, entitlements and industrial agreements currently in place. “Any further cuts to editorial journalism at Nine and Fairfax would bite into the muscle, bone and soul of the newsroom,” Strom said.
That was my first thought: what happens to investigative journalism? The narrative is that more capital means a more efficient news service. But Mitch Fifield was grinning like a Cheshire Cat. I dread to think what that means.
“But Mitch Fifield was grinning like a Cheshire Cat. I dread to think what that means.”
Mitch was grinning because he knows that if this merger goes ahead pretty much all the mainstream media in Australia will be unquestioning cheerleaders for the LNP.
Correct PW. The other feline licking its chops will be Peter Costello. Pope’s cartoon today of him with Turnbull and Mal’s dead eyes was a peach.
“While Guardian Australia was likely to receive a bump from disenchanted Fairfax readers, ”
This basically happened years ago.
The Guardian Australia’s initial audience decamped there from Fairfax due to Fairfax’s bloody-minded anti-Gillard crusade and general move to the right.
I wouldn’t describe Fairfax’s anti-Gillard crusade as “bloody-minded”, I’d say it was more a cynical and self-serving exercise by a bunch of Liberal Fanboys.
I am hoping that the best of the Fairfax political and investigative journalists can come up with an “innovative and agile” system of producing a daily commentary and occasional detailed report of important political, economic and social events.
I so admire such optimism that I am willing, for substantially reduced price, specifically for you because you are clearly such an astute observer, to sell you several bridges as well as, so long as we maintain discretion, some prime Lunar & Martian real estate.
To be honest, AR, I am not quite so delusional, just looking for a silver lining. Most likely, there isn’t one.
I am concerned about the undue influence of the big media players. Both Nine and NewsCorp will gang up against Labor and we are potentially looking at a prolonged period of LNP Government.
That leaves very little heft in genuine non-LNP fanboy journalism. As much as I like Crikey, and all the Schwartz media publications I fear that me and my kin could fit in an average living room.
There’ll be LNP pom-poms and skirts handed out at the merger ceremony, but having said that, quite a few of the current SMH team already wear theirs to work.
How did you fit 60 minutes and investigative journalism in the same sentence?