AAP finalises sale to save newswire

June 30, 2020 9:50

The 85-year-old AAP newswire has been saved from closure following the inking of a sale to its new owners, a consortium led by Nick Harrington and supported by former News Corp executive Peter Tonagh.

The deal was finalised yesterday between the consortium of philanthropists and investors and Australian Associated Press shareholders including Nine and News Corp.

The AAP newswire has been saved

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Hannah Blackiston

Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

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1 COMMENTS

liam 30 Jun 20

Some rare good news for the media sector (although sympathies to those AAP journos that will not have jobs in the new operation). This is an essential service, not only in terms of media diversity, but also for the numerous media companies which rely heavily on a wire service for a significant portion of their content.

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