Australian News Media Takes More Hits

From Crikey today:

Fairfax CEO David Kirk was sacked by the Board yesterday. While I never thought Kirk was a good choice for the role, it’s hardly his fault that their share price is in the toilet. They’ve been running it into the ground for years. And they *still* aren’t coming to me for advice.

Two years ago, when I was at the PANPA conference, I heard the newly-minted CEO Kirk say that his strategy for Fairfax had 3 priorities:
1. defend and grow the newspapers
2. build strong online businesses
3. become a genuinely integrated digital media company

Name me one significant online move they have made in the last two years?

Also from Crikey:

News Ltd are quietly cutting journalists
. I’d hate to be a traditional journalist these days.