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 LOL, AnCaps Good News: OZschwitz Media group pulls out of Press Council and announced its intention to regulate itself

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LOL, AnCaps Good News: OZschwitz Media group pulls out of Press Council and announced its intention to regulate itself Vide
PostSubject: LOL, AnCaps Good News: OZschwitz Media group pulls out of Press Council and announced its intention to regulate itself   LOL, AnCaps Good News: OZschwitz Media group pulls out of Press Council and announced its intention to regulate itself Icon_minitimeThu Apr 05, 2012 6:38 am
THE regulation of the print media has been thrown into disarray after one of its members, Seven West Media, pulled out of the self-regulation body and announced its intention to regulate itself rather than participate in a larger entity.

LOL, AnCaps Good News: OZschwitz Media group pulls out of Press Council and announced its intention to regulate itself Art353a320seven20west20



The group, which encompasses Seven Network, Pacific Magazines and West Australian Newspapers, withdrew as the self-regulator, the Australian Press Council, said it had secured more funding.

The Press Council chairman, Julian Disney, confirmed that the remaining eight publisher members had agreed to double the press council's annual funding to close to $2 million.
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He said new restrictions would be placed on publishers to ensure they committed to funding for three years. Seven West Media would have been bound to that, so it chose to withdraw now.

Read more: http://www.smh.com.au/national/media-group-pulls-out-of-press-council-20120404-1wd9z.html#ixzz1rA3SNsF9
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LOL, AnCaps Good News: OZschwitz Media group pulls out of Press Council and announced its intention to regulate itself

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