A group of philanthropists and investors have finalised a deal to ensure the survival of the Australian Associated Press. The new owners said they were committed to retaining diversity in Australian media and pledged to retain as many staff as possible. AAP announced it would close its doors earlier this year after 85 years in business, citing it was no longer viable to operate due to the increase in free online content.
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Monday, June 29, 2020
AAP newswire saved by philanthropists, investors
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