CEO of the Australian News Channel Angelos Frangopoulos has told a conference in Hong Kong how the broadcaster has “ripped the costs” out of its broadcasting operations by having journalists cut their own stories and employing a minimal number of editors.
“We don’t have many editors. Journalists cut their own stories and operate the studio control rooms,” Frangopoulos told the room. “It looks like a traditional broadcast studio, but we’ve the ripped costs out of it. Every single person we employ has to be journalist or a content maker of some kind. This approach is the equaliser against the startups.”
There’s a sea change down under.