denying the obvious

[anthonybaxter]

Prime Minister John Howard says people worried about News Corporation buying a stake in the media group Fairfax need to calm down.

Rupert Murdoch's News Corp has paid $364 million for a 7.5 per cent share in Fairfax.

Mr Howard says the Government's new media laws are not behind the acquisition.

Uh huh. Sure. Right. It's just a GIANT COINCIDENCE that Packer sold off a chunk of PBL (while maintaining control, nice effort), Stokes is moving on the WA newspapers, and now Murdoch is moving on Fairfax.

I mean, there's assuming everyone is stupid, and there's assuming everyone is really, really, really stupid.

From the same article:

Communications Minister Helen Coonan says she is not surprised by the string of media deals being struck this week.

Last week Senator Coonan said she did not expect to see a wave of takeovers as a result of the Federal Government's new media ownership laws.

Oh my god - look! ABC bias in action! Pointing out that a federal minister is spinning absolute shite!

Comments

[sgtbiffo.livejournal.com]

Why do you ask?

[(Anonymous)]

Because it's actually fairly decent, and makes the SMH and The Australian look like the reactionary Lib fronts they are. Admittedly it seems to have been getting worse the last few years.