Dark Days for Journalists Herald Opportunities for Business Writers

These are dark days for Australia's dying print media. This week Fairfax (SMH, The Age, Australian Financial Review) announced it will sack 125 journalists. In protest, Fairfax editorial staff will strike and not report on the up-coming federal budget. This latest round of redundancies comes just four years after Fairfax axed 1900 jobs across the board and News Limited slashed hundreds of full-time positions. Newsrooms around the country are looking increasingly empty. Why? Well, the advertising business model for newspapers is broken. For decades classified ads for houses, cars and jobs were newspapers' cash cows. Now those ads and revenue have shifted to Google and Facebook. To rub salt in

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