TEN 0.00% 16.0¢ ten network holdings limited

Internet is killing traditional TV, page-2

  1. 693 Posts.
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    Public broadcasting is accelerating the decline of traditional TV and the newspaper industry.

    Why is ABC/SBS getting subsided A$1.4 billion per annum in this day and age? This isn't black and white TV of the 1950s anymore, yet ABC/SBS is feather-bedded and made untouchable.

    abc.net.au is essentially an online newspaper. It also has a 24hr News channel when the free-to-air networks (excl. Sky's 24hr news) provide news almost throughout the day. Then there is ABC2, ABC ME, ABC Kids + online streaming through iView. Plus there is up to 5 radio stations in the major cities. SBS also isn't needed when most people stream cultural TV through online providers like Netflix and Stan.
 
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