Commercial media such as News Corp Australia are still setting the news agenda, despite recent online media entrants from overseas and depictions of the ABC as “all-conquering” and “audience-snatching”, says ABC managing director Mark Scott. Mr Scott, in a speech last night on the future of media, said Fairfax Media’s retreat from daily papers would be “good news” for News Corp shareholders and indicated that “in a reasonably sized city, a single paper should be able to make a return”.