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Nine CEO confident new AI laws will deliver a ‘world of growth in publishing’ as network slashes costs

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Matt Stanton says company has ‘good pipeline’ of AI deals ahead even as it aims to cut $160m in costsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe head of Nine Entertainment sees a “world of growth in publishing” on the horizon backed by laws designed to force tech platforms into commercial deals, even as the network cuts costs across its newsrooms. Parliament passed revamped media bargaining laws last week, clearing the...

Matt Stanton says company has ‘good pipeline’ of AI deals ahead even as it aims to cut $160m in costs

The head of Nine Entertainment sees a “world of growth in publishing” on the horizon backed by laws designed to force tech platforms into commercial deals, even as the network cuts costs across its newsrooms.

Parliament passed revamped media bargaining laws last week, clearing the way for levies on global tech platforms that fail to strike deals with Australian news outlets for the use of their journalism.

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AI (ORG) Matt Stanton (PERSON) Australia (LOCATION) Nine Entertainment (ORG) Parliament (ORG) Australian (ORG)
Originally published by The Guardian World Read original →