A NYT editorial has slammed Goldman Sachs for its role in the financial crisis, Ten must work out what to do with Australian Idol in 2010, how the media downturn will affect higher education, newsreaders get emo, and more.
Fairfax new mission statement: striving towards stupidity
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The juxtaposition on Page 2 of the Sydney Snoring Herald said it all this morning. A one paragraph news in brief said the SMH had been nominated “as a finalist in the annual newspaper of the year” competition. The other finalists were the Melbourne Age, Herald Sun and Brisbane Courier Mail. In the next column under Your Herald a single paragraph explained that journalists in Sydney, Melbourne, Newcastle and Wollongong (but not Canberra!) had gone on strike for three days after rejecting the latest offer from the company over an enterprise bargaining agreement. “This industrial action by editorial staff is disappointing,” cackled Brian ‘Boner’ McCarthy, the company’s deputy CEO and architect of this week’s 550 job cuts, which is what the strike is really about. Brian is leading the great dumbing down of Fairfax. He’s just sacked the company’s in-house legal team in Sydney, so will pay millions to outside lawyers for defamation work. But staff say don’t expect it to be much at all because Brian doesn’t want any controversial stories. He must have learned his craft from John Alexander, the unseen ghost at the implosion of the SMH, where he boosted salaries and took expenses to a new Olympian level. And then this press release was passed on to me from someone in the real estate game. Talking about dumbing down, it’s really getting into bed with the real estate industry and taking readers for a ride, without any disclosure of the conflict of interests revealed in this release:
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2 Comments
“Graham Perry, Managing Director - Classifieds for Fairfax Digital, comments, “Fairfax Digital is one of our country’s most successful digital enterprises and we see a great deal of synergies between ourselves and the LJ Hooker Group.”
Perry is not only rude and ignorant he’s an idiot, any close relationship with one real estate group will only alienate the rest of the agents. Fairfax as usual very consistently useless, I’ve no idea how they got this far.
First the ABC, then SBS and now Fairfax fast tracks it’s slippery slide into mediocrity and stupidity. Hasn’t any one with big bucks got a yearning for truth, honesty and something akin to intelligence (apart from Crikey of course), or horror of horrors, is this what we truly deserve.