Rupert Murdoch's News Corp acquisition of the APN regional papers would improve their business. The regional papers include 12 daily newspaper, 60 community newspapers and dozens of news websites. These newspapers are among the major regional titles in Australia focusing on places such as Rockhampton, Mackay, Toowoomba and the Sunshine Coast.
Yes, the acquisition of regional papers by Rupert Murdoch's News Corp will improve Murdoch's business. The reason that Murdoch's News Corp acquired the papers was to improve the business. The regional papers help to expand his news business by giving it a foothold at the regional level and access to more information.
While the acquisition by News Corp. might not be great news for employees of the APN regional papers, consolidation is usually good for business in the declining newspaper industry. Ownership by larger organizations allows newspapers to trim costs and increase online revenue, both moves that make good business sense. Unfortunately, jobs will probably be lost.
Rupert Murdoch has proven himself to be a brilliant business man and media mogul. Murdoch's acquisition of the APN regional papers should help improve their business. He has built an empire through previous acquisitions of papers, and this one is likely to be successful too. In short, Rupert Murdoch's acquisition of APN regional papers is likely to make the business more profitable.