Original article by Max Mason, Andrew Tillett
The Australian Financial Review – Page: 9 : 15-Sep-17

The Senate voted 31-27 to pass the Federal Government’s cross-media ownership reforms, prompting praise from industry leaders. Ten Network CEO Paul Anderson has welcomed the replacement of broadcast licence fees with a spectrum fee, noting that it will provide Ten with more money to invest in content. News Corp Australasia executive chairman Michael Miller says the reforms will provide media companies with greater certainty and encourage more investment in local communities.

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TEN NETWORK HOLDINGS LIMITED – ASX TEN, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FAIRFAX MEDIA LIMITED – ASX FXJ, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NICK XENOPHON TEAM, GOOGLE INCORPORATED, FACEBOOK INCORPORATED