Australian Regional Media to Gain Funding After ‘Catastrophic’ Ad Revenue Fall

More than 100 regional newspaper publishers and broadcasters across Australia are set to gain funding through a federal government scheme to help media deal with “catastrophic” declines in advertising revenue.

The government began contacting applicants on Sunday to inform them they had been deemed eligible for a share of the $50m in funding available for regional news services over the next 12 months…

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