I am privy to some of the inner workings at Bauer Media through friends and colleagues, but I didnât expect them to shut up shop in New Zealand, effective April 2.
Depending on your politics, youâre in one of two camps.
TV3, itself part of a foreign company who has made serious cutbacks during the lockdown, said Bauer had approached the government and offered to sell the business to them at a rock-bottom price in the hope of saving the 200-plus jobs there. The government declined. I believe that’s the angle foreign-owned media are adopting here.
Both the PM and the minister responsible for media, Kris Faafoi, have said that Bauer never applied for the wage subsidy, and never approached the government to see if it could be classified as an essential service to keep operating. Indeed, in the words of the PM, âBauer contacted the minister and told him they werenât interested in subsidies.â
Itâs murkier today as there is evidence that Bauer had, through the Magazine Publishersâ Association, lobbied for reclassification for it to be turned down, though the minister continues to say that it had never been raised with him and that Bauer had already committed to shutting up shop.
Outside of âwe said, they saidâ, my takes are, first, it was never likely that the government would want to be a magazine publisher. Various New Zealand governments have been pondering how to deal with state-owned media here, and there was little chance the latest inhabitants of the Beehive would add to this.
We also know that Bauer had shut titles over the years due to poor performance, and Faafoiâs original statement expressly states that the Hamburg-based multinational had been âfacing challenges around viability of their operations here in New Zealand.â
With these two facts in mind, the government would not have taken on the business to turn it around, especially while knowing the owner of Bauer Media (well, 85 per cent of it) has a personal worth of US$3,000 million and the company generated milliards in revenue per annum.
I also have to point to its own harsh decisions over the years in shutting titles. In 2018, Bauerâs own Australian CEO told Ad News: âThereâs a really interesting view that somehow we are here to provide a social service. The reality is weâre here to make money and if we canât make money out of our magazines, weâll sell them or weâll close them.
âWe have an obligation, whether thatâs a public company or private company, to make money for shareholders. If it doesnât make money, why would we do it?â
That, to me, sounds like the corporate position here as well, and no doubt Bauerâs bean counters will have crunched the numbers before yesterdayâs announcement.
Iâve had my own ideas how the stable could have evolved but itâs easy to talk about this with hindsight, so I wonât. Enough people are hurting.
But Iâd have applied for whatever the government offered to see if I could keep things going for a little while longer. Even if the writing was on the wall, it would have been nice to see my colleagues have a lifeline. Get one more issue of each title out after June. Maybe Iâm just not as brutal. I mean, Iâve never defamed Rebel Wilson as Bauer’s Australian publications have. Maybe itâs different for a small independent.
If I may use a sporting analogy, Bauer hasnât let their players on to the field and kept them in the changing room, and more’s the pity.
One comment I received yesterday was that Bauer wouldnât have been in a position to pay its staff even with the government subsidy, with no advertising sales being generated. Iâm not so sure, with annual global revenues of over âŹ2,000 million. New Zealand was probably too unimportant to be saved by Bauer’s bosses in Hamburg. I guess weâll never know.
Posts tagged ‘Jacinda Ardern’
Saddened to see colleagues lose their jobs as we bid, ‘Auf wiedersehen, Heinrich Bauer Verlag’
03.04.2020Tags: 2020, Aotearoa, Auckland, Australia, Bauer, business, COVID-19, Fairfax Press, Germany, government, Hamburg, Jacinda Ardern, Kris Faafoi, libel, magazines, media, Mediaworks, New Zealand, pandemic, politics, publishing, The Spinoff
Posted in business, media, New Zealand, politics, publishing | No Comments »
Google is telling fibs again when it says it’s dealing with “fake news” sites: more proof
19.11.2017
Above: Good news, Newsroom and The Spinoff are there in Google News.
Further to my blog post last night, I decided to look at Google News to see who had the latest on our PM, Jacinda Ardern. Feeding in her name, the above is the resultsâ page.
I had thought that I had never seen Newsroom, which I make a point of checking out ahead of corporate, foreign-owned media such as Stuff and The New Zealand Herald, on Google News, but it turns out that I was wrong: its articles do appear. That’s a positive.
But scroll down this page and see what else does.
Above: Bad news: Google News is quite happy to have “fake news” content mills in its index, something that would never have happened 10 years ago.
I have said in the past that Google News has itself to blame for allowing, into its index, illegitimate websites that have no journalistic integrity. I think this screen shot proves it.
The last two sources: 10,000 Couples and Insider Car Newsâthe latter, in fact, so fake that it doesnât even use the ASCII letters for its name (it’s ĐnsŃdĐ”r Cаr NĐ”ws), which is a common spammersâ trickâhave made it into Google News. Neither is legit, and the latter has “content mill” writ large in its title. Surely an experienced editor at Google News would have seen this.
Once upon a time, Google News would never have allowed such sites into this part of its index, and it was strict on checking what would make it. Evidently there is no standard now.
If you want to look at âfake newsâ, here is a wonderful example: itâs not just on Facebook.
No wonder some legitimate, well regarded websites are suffering all over the world. If this is representative of Googleâs effort at shutting down fake-news operators, as it has claimed it is doing, then it is a dismal failure. Google, perhaps like Facebook, does not seem interested in dealing with fakes at all. In fact, it’s quite happy to shut legitimate sites down and accuse them of malware.
It reinforces my point that we need alternatives right now to save the internet from itself. The trouble is whether the internet community is going to bother, or if we’re happy being sheeple.
Tags: 2017, Aotearoa, ethics, Google, independent media, Jacinda Ardern, journalism, media, New Zealand, politics
Posted in business, culture, internet, media, New Zealand, politics | 5 Comments »