News Corp Australia posts $60.7m loss as pandemic takes toll on media

Company blames $167m hit to advertising revenues on regional and community closures and digital transitions

News Corp Australia has posted a $60.7m loss as the pandemic exacerbates ongoing upheaval throughout the media industry.

The company blamed a $167m hit to advertising revenues on regional and community closures or digital transitions.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading…

Comments (0)
Add Comment