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Saturday, 29 September 2012

Left-wing British newspaper demands public funding, Fairfax next

A journalist and phone-hacker at left-wing British newspaper The Guardian has come up with an extraordinary way to save the dying newspaper, whose parent company last year lost £129.1 million ($A 200 million), with the newspaper contributing a loss of £75.6 million. David Leigh proposed a £2 ($A 3.11) a month levy for all British internet users.

As British political blogger Guide Fawkes says 'That’s right, they aren’t making money because people are not buying their papers, so they are now demanding a bailout'

How long until we see Fairfax and it's dying titles The Sydney Morning Herald and The Age demanding funding?

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