Stan’s high-stakes battle in new Disney landscape

Original article by Lilly Vitorovich
The Australian – Page: 19 : 23-Aug-19

Video streaming service Stan has posted earnings of $500,000 for the second half of 2018-19, although it has made a full-year loss of $21.3m. Revenue increased by 62 per cent to $157.1m, while the number of active subscribers rose by 200,000 to 1.7 million. Stan’s costs increased by 23 per cent to $178.4m, largely due to expenditure on marketing its Disney content, which it is likely to lose when the rival Disney+ streaming service is launched in Australia in late 2019.

CORPORATES
STAN ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WALT DISNEY COMPANY, NETFLIX INCORPORATED, FOXTEL NOW, KAYO SPORTS, AMAZON PRIME VIDEO, HAYU, PARAMOUNT PICTURES CORPORATION, VIACOM INCORPORATED, SHOWTIME, CBS CORPORATION

Disney+ to launch in Australia

Original article by Max Mason
The Australian Financial Review – Page: 3 : 20-Aug-19

US media giant Walt Disney Company has confirmed the Australian launch date and pricing for its video streaming service. Disney+ will cost $8.99 per month or $89.99 a year when it is launched in Australia on 19 November. Australia and New Zealand will be among the first markets in the world to gain access to Disney+, which will be launched in the US, Canada and the Netherlands on 12 November. Disney+ will include content from the Pixar, Marvel and Star Wars franchises.

CORPORATES
WALT DISNEY COMPANY, DISNEY+, FOXTEL MANAGEMENT PTY LTD, STAN ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, HULU LLC

Facebook listened in on private talk

Original article by David Swan
The Australian – Page: 3 : 16-Aug-19

The Irish Data Protection Commission is investigating whether Facebook and other technology companies have breached EU privacy rules. This follows revelations they listened in on anonymous audio conversations in order to improve their products. Daniel Muchow, from Sydney company Risk-Logic, says the eavesdropping was a further example of Facebook taking advantage of user data for its own benefit, while he contends Facebook is "milking user apathy".

CORPORATES
IRISH DATA PROTECTION COMMISSION, FACEBOOK INCORPORATED, RISK-LOGIC

ACCC poised to take tech giants to court

Original article by Patrick Durkin
The Australian Financial Review – Page: 10 : 14-Aug-19

The Australian Competition and Consumer Commission is close to launching five cases against Google and Facebook in the aftermath of its digital platforms inquiry. The cases are understood to involve alleged breaches of consumer, competition and privacy laws, with ACCC chairman Rod Sims saying on 13 August that Facebook and Google must comply with Australia’s laws if they wish to do business here. He said a decision on whether to proceed with the five cases would be made before the end of 2019.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FACEBOOK AUSTRALIA PTY LTD, GOOGLE AUSTRALIA PTY LTD

It’s time to admit we are in an addictive relationship with technology

Original article by Michael Tanner
The Sydney Morning Herald – Page: Online : 12-Aug-19

There is increased awareness about the addictive nature of social media and technology, along with the emotional and psychological harm it can cause. Roy Morgan data indicates females aged 14 to 24 spend an average of 14 hours a week on social media, while the average for males in the same age bracket is nine hours. Australia is the middle of a significant mental health crisis, with depression and anxiety at "sky-high" levels and suicide being the biggest cause of death in Australians aged 15-44. Although all this cannot be blamed on social media and technology, there is no doubt it is a significant contributing factor.

CORPORATES
ROY MORGAN LIMITED

Facebook’s $7bn fine piques the interest of Privacy Commissioner

Original article by Leo Shanahan
The Australian – Page: Online : 12-Aug-19

Australian Information and Privacy Commissioner Angelene Falk launched an investigation into Facebook Australia in 2018. This followed the latter revealing up to 311,000 Australians might have had their personal data "improperly shared" by Cambridge Analytica. Falk, who was a key adviser to ACCC chairman Rod Sims on his report into digital platforms and their impact on traditional media, says the investigation is a "matter of great priority" for her office. She notes with interest the recent $US7 billion fine that the US Federal Trade Commission imposed on Facebook in the wake of a number of privacy violations by it, including the Cambridge Analytica leak.

CORPORATES
AUSTRALIA. OFFICE OF THE AUSTRALIAN INFORMATION COMMISSIONER, FACEBOOK INCORPORATED, CAMBRIDGE ANALYTICA LLC, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, UNITED STATES. FEDERAL TRADE COMMISSION

Optus banks on EPL to boost subscribers

Original article by Supratim Adhikari
The Australian – Page: 26 : 9-Aug-19

Optus’s sports streaming service currently boasts more than 700,000 subscribers, and the telco is optimistic that the new English Premier League season will attract more customers. Optus CEO Allen Lew notes that no EPL matches will broadcast on free-to-air networks during the new season; he adds that in addition to live streaming of all matches, Optus Sport will seek to deliver additional value to customers via its coverage of the EPL. Optus initially secured exclusive EPL rights in 2015, and its deal was renewed in 2018.

CORPORATES
SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE

Privacy warning on Facebook currency

Original article by Leo Shanahan
The Australian – Page: 4 : 6-Aug-19

An Australian-led initiative has seen privacy regulators from around the world write an open letter to Facebook, in which they voice concerns about its proposed Libra digital currency. The letter states that Facebook has not provided sufficient information on how Libra would protect the data of Facebook users. They are also concerned that Facebook has indicated that it intends to promote the use of Libra in developing countries, many of which lack suitable data protection regulations.

CORPORATES
FACEBOOK INCORPORATED, AUSTRALIA. OFFICE OF THE FEDERAL PRIVACY COMMISSIONER, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Sky pulls videos from Twitter posts but embraces new Facebook deal

Original article by Zoe Samios, Leo Shanahan
The Australian – Page: 23 : 5-Aug-19

Sky News Australia CEO Paul Whittaker says it will continue to use Twitter to post breaking news stories and links to content on its website. However, Sky News will cease distributing its video content via the social media platform, after online activists edited its videos to create fake news stories. Meanwhile, its free-to-air rivals will launch exclusive news bulletins on Facebook Watch, while Sky News will produce a daily show called ‘Unpacked’, which will focus on a major news story each day.

CORPORATES
SKY NEWS, TWITTER INCORPORATED, FACEBOOK INCORPORATED, NINE NETWORK AUSTRALIA LIMITED, SEVEN NETWORK LIMITED, TEN NETWORK HOLDINGS LIMITED, JUNKEE MEDIA PTY LTD, PEDESTRIAN, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, YOUTUBE INCORPORATED, MICROSOFT CORPORATION, TABOOLA

Big Tech inquiry lauded abroad

Original article by Lilly Vitorovich
The Australian – Page: 25 : 5-Aug-19

The final report of the Australian Competition & Consumer Commission’s inquiry into digital platforms has received strong support from the global media industry. News Media Alliance CEO David Chavern says the US government should hold a similar inquiry into the market power of digital players such as Google and Facebook. Meanwhile, the UK News Media Association’s deputy CEO Lynne Anderson says the federal government should act quickly on the ACCC’s recommendations.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, NEWS MEDIA ALLIANCE, NEWS MEDIA ASSOCIATION, GREAT BRITAIN. COMPETITION AND MARKETS AUTHORITY, EUCLID LAW