Australians buy Cambodian paper
By Erina Lin, Tuesday 8 January 2008 at 20:56 :: Media Ownership :: #1070 :: rss
Two Australian businessmen have purchased a controlling interest in Cambodia's Phnom Penh Post, The Australian said.
The Post's new owners are Ross Dunkley and mining entrepreneur Bill Clough. Dunkley’s company, Myanmar Consolidated Media, publishes the Burmese government mouthpiece Myanmar Times, Burma's first private newspaper.
They both have promised The Post will remain independent and will soon publish weekly.
The current proprietor and editor-in-chief Michael Hayes will stay in the same position for another 18 months.
The Phnom Penh Post, well-known and highly regarded throughout Southeast Asia but not always liked by the Cambodian government, enjoys a reputation for its independent status, according to The Australian.
It was among the world's first media outlets to announce the death and cremation of notorious Khmer Rouge leader Pol Pot.
The newspaper has helped many journalists interested in reporting from Southeast Asia, in particular Cambodia, including Nate Thayer, who is famous for an exclusive 1997 interview with Pol Pot after his arrest as a result of an internal Khmer Rouge purge.
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