News Limited has ditched its traditional newspaper structure to meet the demands of 24/7 multiplatform journalism.
The legacy of a series of takeovers and expansions, News Limited had 19 Divisions, including The Herald and Weekly Times in Melbourne, Queensland Newspapers and Nationwide News in Sydney.
Under the new organisation, management will be reduced to five divisions with multiplatform responsibilities.
News Limited, owned by the US based News Corporation, publishes most of Australia’s major newspapers, including the Herald Sun, the Courier Mail, the Sunday Mail, the Adelaide Advertiser and the Sydney Telegraph. While Rupert Murdoch was one of the first newspaper publishers to warn against the impact of the internet, News Corporation’s attempts to diversify into new media such as My Space, have floundered. Newspapers are now a relatively minor part of international News Corporation operations which are dominated by cable television, satellite services, movies, and other entertainment.