Original article by Dominic White
The Australian Financial Review – Page: 31 : 20-Jul-15
The CEOs of free-to-air TV networks will be able to press their case for a reduction in licence fees when they meet with Communications Minister Malcolm Turnbull on 23 July 2015. The annual licence fee is currently set at 4.5 per cent of each network’s revenue, but they believe that the fee should be reduced or scrapped due to competition from new media players such as streaming video providers. Free TV Australia also argue that Australia’s licence fees are higher than in countries such as the UK.
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AUSTRALIA. DEPT OF COMMUNICATIONS, FREE TV AUSTRALIA LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, WIN CORPORATION PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN SUBSCRIPTION TELEVISION AND RADIO ASSOCIATION (ASTRA) INCORPORATED, SPECIAL BROADCASTING SERVICE (SBS), AUSTRALIAN LABOR PARTY, NETFLIX INCORPORATED, YOUTUBE INCORPORATED, GOOGLE INCORPORATED