ACCC to review Murdoch and Gordon’s plans to buy Ten
The ACCC is to hold a review of Lachlan Murdoch and Bruce Gordon’s plan to work together on buying Ten.
The duo, who both own shares in the troubled network and are underwriting its $200m CommBank loan facility, announced last month that they planned to work together after the company’s board called in administrators.
The Australian Competition and Consumer Commission today said that it would be launching an “informal review” into competition issues around the plan.
So our media is to be a singular Murdoch monopoly. Thanks Mr Hawke, Mr Keating, Mr Howard, Mr Rudd etc. It’s all down to you. Glorious claims. Pissant values.
Old Person, Really? Who gets their news and views from a single source these days? The majority have access to ABC, BBC, CNN, SBS, Fox, CNBC, News, The Gaurdian, 7, 9, 10 either online of TV then you get into Social media news feeds and the list is endless.
Who cares who owns what, it does not matter in 2017!
I used to hold that same view, but just think carefully about Murdoch’s power to shape the views of middle Australia with his idealogical conservative nonsense – having the combined power of TV + Newspaper + Radio does make a difference in reaching large groups of easily-led people.
Younger people generally hold centrist or left-leaning views so they read their news elsewhere. But middle Australia (suburbs and regional Australia) is where the silent majority live and influencing them is where elections are won and lost, after which soft power can be wielded in full..
What is the reason the existing media ownership laws were to be reviewed in the first place? There was genuine concern and support for the probable changes but just think about it, do we really want those changes and who do want those changes to benefit?