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A statement from Private Media CEO Will Hayward and chairman Eric Beecher.
![](https://www.crikey.com.au/wp-content/uploads/2023/04/crikeylogored.jpg?w=740)
This is a substantial victory for legitimate public passion journalism. We stand by what we printed last June, and every thing we laid out in our defence to the court. The imputations drawn by Murdoch from that article have been ridiculous.
We stand by our position that Lachlan Murdoch was culpable in selling the lie of the 2020 election result because he, and his father, had the energy to cease the lies. How can we know? Because Dominion sued Fox Information for selling the lies and Fox unbiased paid A$1.17 billion to Dominion to resolve the case.
Murdoch’s lawyer made the absurd suggestion, in his statement of defeat today, that his consumer “remains confident that the court would ultimately accept in his favour, then again, he does no longer favor to extra enable Crikey’s exhaust of the court to litigate a case from another jurisdiction that has already been settled and facilitate a marketing campaign designed to attract subscribers and increase their profits”.
The fact is, Murdoch sued us, and then dropped his case.
We want to take a moment to thank all of folk that helped us on this journey — our loyal readers, the ordinary Australians who contributed to our GoFundMe, the Crikey editorial team who’ve worked below tall stress, the wider staff who have build in colossal additional effort to maintain the trade going whereas all this has been going on, our legal team Marque Lawyers, our subscribers for his or her many notes of reinforce, and real journalists across Australia who attain the hard and tricky work of preserving energy to account.
We are proud of our stand. We are proud to have exposed the hypocrisy and abuse of energy of a media billionaire.
This is a victory with out spending a dime speech. We won.
News You preserve us self sustaining.
Crikey is able to be self sustaining because of subscriber reinforce. We want to be transparent with you, right here’s the breakdown of the place we invest that reinforce:
- Journalists, editors, contributors: fifty three%
- Award-successful journalism takes a village, and we invest heavily in ours.
- Marketing, reinforce and leadership: 32%
- All the things from customer reinforce to annual Crikey subscription drives are handled by the folk and employ in this category.
- IT and overheads: 15%
- The Crikey IT team is constantly working to enhance the client experience. Plus, we want the standard things like insurance, office space, and typical trade wants.
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News About the Authors
Eric Beecher
Chairman of Private Media
Eric Beecher is the chairman and co-founder of Private Media, publisher of Crikey, The Mandarin and Smart Company, chairman of Australian Communities Foundation and a board member of PIJI, the Public Passion Journalism Initiative. He’s been an editor and govt at Fairfax and Information Corp and was co-founder of Textual content Media.
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