Nine CEO confident new AI laws will deliver a ‘world of growth in publishing’ as network slashes costs

Nine Entertainment's chief executive, Matt Stanton, is confident that Australia's revamped media bargaining laws will open up a 'world of growth in publishing,' even as the network slashes costs. The Guardian reports that Parliament passed the new laws last week, allowing levies on global tech platforms that fail to reach commercial deals with Australian news outlets. Nine is targeting one hundred sixty million dollars in cost cuts, but Stanton says the company has a 'good pipeline' of AI deals ahead.

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