After years of cuts, contractions and closures, Australian news businesses received millions in financial relief through commercial deals struck with Google and Meta in response to Australia’s News Media Bargaining Code. However, it hasn’t been a cure-all.

The UK media scene is characterised by strong public and commercial broadcasters and a competitive and outspoken national press. But both sectors are under pressure from changing audience behaviour, falling revenue, and rising costs.

Argentina has a strong and concentrated private media system, comparatively weaker public media organisations, and a high degree of political polarisation in the media. As the pandemic receded, circulation of print newspapers has continued to fall.

Spain has a dynamic news market where well-established print and broadcast brands, both nationally and at the regional level, vie for attention with highly competitive digital-born organisations.

Sweden is characterised by a mix of public service media (PSM) alongside few national and many local commercial news media. Commercial news publishers nowadays mostly rely on reader revenues.

In Switzerland’s linguistically distinct and relatively small markets, the business of news remains challenging – and seems likely to remain so, after the defeat in a February 2022 referendum of proposals to increase state subsidies for private media.