The media rule changes that have to happen

Current media ownership and content rules were drafted in a bygone era, way before the internet and mobile technology. The rules simply have to change.

Fairfax Media chairman Roger Corbett described media ownership laws as “archaic” at the group’s annual meeting today, urging deregulation to “reset the competitive base” for a modern media industry.

Media executives have been making that same plea, with minimal success, for more than a decade and a half.

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