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​Fairfax chief calls for media merger rules revamp

( October 25, 2016, 03:45 GMT | Insight) -- Fairfax Media chief executive Greg Hywood has told an Australian Senate committee that mergers between traditional media companies will help them compete with digital giants such as Google and Facebook and Rupert Murdoch's conglomerate News Corp, The Australian reports.Fairfax Media chief executive Greg Hywood has told an Australian Senate committee that mergers between traditional media companies will help them compete with digital giants such as Google and Facebook and Rupert Murdoch's conglomerate News Corp, The Australian reports. The senate is deliberating on a landmark media reform bill that would abolish a rule preventing any entity from operating all three traditional media platforms — free-to-air TV, radio stations and newspapers — in the same market. The comments come after it was revealed that Fairfax has held high-level talks with free-to-air television group Nine Entertainment about a possible deal if the bill is passed. ...

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