Article 77YFF Nine CEO sees ‘world of growth in publishing’ as network slashes costs

Nine CEO sees ‘world of growth in publishing’ as network slashes costs

by
Jonathan Barrett Business editor
from Technology | The Guardian on (#77YFF)

Matt Stanton says company has good pipeline' of AI deals ahead even as it aims to cut $160m in costs

The head of Nine Entertainment sees a world of growth in publishing" on the horizon backed by laws designed to force tech platforms into commercial deals, even as the network cuts costs across its newsrooms.

Parliament passed revamped media bargaining laws last week, clearing the way for levies on global tech platforms that fail to strike deals with Australian news outlets for the use of their journalism.

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