After 85 years of operation, national news agency Australian Associated Press (AAP) will close its doors, leaving at least 180 job losses at the newswire service and resulting in fewer journalists covering crucial stories in the already under-resourced Australian media landscape.
AAP, which is owned by major newspaper publishers including News Corp, provides a range of services to media companies including newswires, subediting and photography.
Chief executive Bruce Davidson on Tuesday said the business was no longer viable in the face of increasing free online content.
The service will close on June 26.
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