Original article by Dominic White
The Australian Financial Review – Page: 13 & 16 : 12-Jan-16

Scrapping the "reach rule" and the "two-out-of three rule" is likely to be on the Australian Government’s agenda in 2016. Cross-media ownership reforms are tipped to prompt consolidation in the sector, which could include several media groups merging to form a multi-platform conglomerate. However, some industry experts believe that the value of media stocks will need to fall further in order to make a compelling case for such mega-mergers. News Corp now has exposure to newspapers, TV, radio and outdoor advertising, and it may pursue further expansion under relaxed media laws. This in turn may force some its rivals to amalgamate in order to remain competitive.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, APN NEWS AND MEDIA LIMITED – ASX APN, NOVA ENTERTAINMENT PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, PRIME MEDIA GROUP LIMITED – ASX PRT, MACQUARIE MEDIA LIMITED – ASX MRN, ILLYRIA PTY LTD, MULTI CHANNEL NETWORK PTY LTD, GOOGLE INCORPORATED, NETFLIX INCORPORATED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, STAN ENTERTAINMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, PACIFIC MAGAZINES PTY LTD, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, BAUER MEDIA KG, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, ALLAN GRAY AUSTRALIA PTY LTD, DOMAIN.COM.AU, McDONALD’S CORPORATION