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News Corp Australia posts $60.7m loss as pandemic takes toll on media – The Guardian

Company blames $167m hit to advertising revenues on regional and community closures and digital transitions

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News Corp Australia has posted a $60.7m loss as the pandemic exacerbates ongoing upheaval throughout the media industry.
The company blamed a $167m hit to advertising revenues on regional and community closures or digital transitions.
More than 220 Australian…

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