The Forum > General Discussion > ABC and freedom of the Press
ABC and freedom of the Press
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I think many of the left are both underestimating and misreading the LNP.
I very much doubt that the government will tackle the ABC on bias, ideological, freedom of the press or political grounds. They don’t need to go there.
As onthebeach points out, the ABC is in real financial difficulties and that is where the “review” will be directed because that is where the ABC’s management has failed.
All the financial trend lines are going in the wrong direction. Executive wages up, total wages bill at $478m on revenues of $1.0b? 47%, what? Totally unsustainable.
Redundancies up from $3.1m to $7.3m? Earnings from commercial products down by $14m?
Over the past 4 years executive/high profile packages have almost doubled and general programming revenue has bombed along with audience reach and ratings.
So where has all this money for unsustainable wages come from?
Australia Network? $225m over ten years, $22.5m a year. ABC costs for this? Annual Report says 2% or $2.0m. Take out “transmission” costs and there is a surplus of $20m a year.
Fact Check? $10.0m. Production Costs? Nil. Not even mentioned in the AR.
Gillard “loan” $90m in May 2013. Where did that go? Well certainly not into production earnings. Unless you want to count the $14m decline.
So 2013, earnings down $14m, wages and redundancy costs through the roof and yet they had additional income of $122.5m? Wonder where that money went? The only area of growth at the ABC was salaries, that’s where they siphoned the money.
That is where the government is heading and that is where the ABC is most vulnerable. And guess what, they are so full of their own arrogance they can’t even see it coming. Like you they are still fighting the good fight on bias, freedom of the press, persecution, ideology and politics.
What a bunch of numb nuts