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Public broadcasting is accelerating the decline of traditional...

  1. sreeve
    508 Posts.
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    27/04/17
    22:42
    Post #: 24313677
    Public broadcasting is accelerating the decline of traditional TV and the newspaper industry.

    Why is ABC/SBS getting subsided A$1.4 billion per annum in this day and age? This isn't black and white TV of the 1950s anymore, yet ABC/SBS is feather-bedded and made untouchable.

    abc.net.au is essentially an online newspaper. It also has a 24hr News channel when the free-to-air networks (excl. Sky's 24hr news) provide news almost throughout the day. Then there is ABC2, ABC ME, ABC Kids + online streaming through iView. Plus there is up to 5 radio stations in the major cities. SBS also isn't needed when most people stream cultural TV through online providers like Netflix and Stan.
    TEN Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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