Local content propels pay TV

Original article by Jess Malcolm
The Australian – Page: 19 : 26-Apr-21

Foxtel’s chief commercial and content officer Amanda Laing has downplayed the need for local content rules to apply to streaming services. She says that locally-produced content already accounts for 50-70 per cent of the 10 most popular shows on Foxtel’s streaming platforms. Laing also notes that the Australian offices of overseas-based streaming providers are also actively commission local content. Fetch TV CEO Scott Lorson told the same virtual conference that YouTube is making "huge inroads" into the subscription TV market.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FETCHTV PTY LTD, YOUTUBE INCORPORATED

Netflix growth slows as economies reopen

Original article by Micah Maidenberg
The Australian – Page: 19 : 22-Apr-21

Subscription video-on-demand giant Netflix has posted a profit of $US1.71bn for the March quarter, compared with $US542.2m for the same period in 2020. Revenue rose from $US6.64bn previously to $US7.16bn, but Netflix added just four million new subscribers globally. This is well below the 15.8 million new subscribers it gained in the March 2020 quarter, amid the onset of the COVID-19 pandemic. The easing of lockdown restrictions and growing competition from rival SVODs services are among the challenges facing Netflix.

CORPORATES
NETFLIX INCORPORATED

Are the Murdochs preparing to unleash Fox News on Australia?

Original article by Zoe Samios
The Sydney Morning Herald – Page: Online : 12-Apr-21

Revelations that Fox Media LLC has sought to register the Fox News International trademark in Australia has prompted speculation that the Murdoch family will add content from US cable channel Fox News to its local streaming services. The Fox News International streaming app is now available in 30 countries, following its launch in Mexico in August. Fox News is currently broadcast on Foxtel, but making it available via streaming would increase its local reach. News Corp is said to be planning to launch a news-focused streaming service called NewsFlash later in 2021.

CORPORATES
FOX CORPORATION, FOX MEDIA LLC, FOX NEWS INTERNATIONAL, FOX NEWS CHANNEL, FOXTEL MANAGEMENT PTY LTD, NEWS CORPORATION – ASX NWS

Facebook data leak: Australians urged to check and secure social media accounts

Original article by Mostafa Rachwani
The Guardian – Page: Online : 6-Apr-21

The details of over 500 million global Facebook users have been found on the internet, although Facebook has stated that the leaked data is old and results from a problem it resolved in 2019. However, computer security experts contend that the leaked information could still result in issues for users who are impacted by the problem. They state that the simplest way to find out if a person’s data has been leaked is to look on websites operated by security researchers; these include ‘HaveIbeenpwned.com’.

CORPORATES
FACEBOOK INCORPORATED

Competition policy sealed tech giants deal

Original article by James Madden
The Australian – Page: 19 : 1-Mar-21

The federal government’s news media bargaining code has already prompted Google to secure commercial deals with some media companies. Facebook in turn has signed a letter of intent with Seven West Media and is negotiating with other news publishers. Communications Minister Paul Fletcher says there has been "significant overseas interest" in the approach the government took in treating the code as an issue of competition policy rather than copyright law. He adds that the code provided the leverage needed to ensure a level playing field between traditional media and digital platforms.

CORPORATES
GOOGLE INCORPORATED, GOOGLE AUSTRALIA PTY LTD, FACEBOOK INCORPORATED, FACEBOOK AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT AND COMMUNICATIONS

Poison pill holds up Facebook deals

Original article by Miranda Ward
The Australian Financial Review – Page: 32 : 1-Mar-21

Facebook launched its ‘Facebook News’ product in the US in 2020, but Australia was not included in the launch because of the ongoing discussions about the federal government’s proposed media bargaining code. That code has now passed into law, while Facebook is expected to launch Facebook News in Australia once it has concluded deals with local news publishers. However, such deals are stalling over Facebook’s so-called ‘poison pen’ clause. There are suggestions that publishers could use the code to enter into an arbitration process with Facebook, should it decide to initiate the poison pill.

CORPORATES
FACEBOOK INCORPORATED, FACEBOOK AUSTRALIA PTY LTD

Big Tech to pay annual charge

Original article by Lilly Vitorovich
The Australian – Page: 4 : 17-Feb-21

The federal government has agreed to make a number of ‘technical’ changes to its media bargaining code. Amongst other things, digital platforms such as Google and Facebook will now pay news publishers an annual lump sum, rather than per click or snippet, while the requirements for them to give notice of changes to their algorithms will be simplified. Meanwhile, JPMorgan estimates that Seven West Media could gain up to $69.2m a year from its newly-struck content deal with Google. Other news publishers are also believed to be in talks with Google.

CORPORATES
GOOGLE INCORPORATED, GOOGLE AUSTRALIA PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, JP MORGAN AUSTRALIA LIMITED

Over 2.8 million New Zealanders watch Subscription TV -largest growth for Disney+ and Amazon Prime Video

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Feb-21

New data from Roy Morgan shows that over 2.8 million New Zealanders aged 14+ now watch Subscription TV in an average four weeks – encompassing over two-thirds (68%) of all New Zealanders. Total viewership of Subscription TV in New Zealand has increased 4.9% from a year earlier to 2,823,000, an increase of 131,000. Netflix is by far the most popular service, now watched by 2,141,000 people in an average four weeks, an increase of 92,000 (+4.5%) from a year ago. In clear second place is Sky with 1,248,000 viewers. Sky also includes the Sky Sport Now sports streaming service, which now has over 140,000 viewers. In its first year of operation Disney+ has attracted an audience of 700,000 viewers, equal to one-in-six New Zealanders, and is already the third most popular Subscription TV service. Also growing quickly over the past year is Amazon Prime Video, which now has 323,000 viewers, an increase of 141,000 (+77.5%) on the December quarter 2019. This new pay television data has been obtained from the Roy Morgan Single Source survey, derived from in-depth interviews with over six thousand New Zealanders each year.

CORPORATES
ROY MORGAN LIMITED, NETFLIX INCORPORATED, SKY NETWORK TELEVISION LIMITED – ASX SKT, DISNEY+, AMAZON PRIME VIDEO

Google threat lifts support for new code

Original article by John Davidson
The Australian Financial Review – Page: 17 : 9-Feb-21

Consumer research company Pureprofile asked over 1,000 Australians their views on the federal government’s proposed media bargaining code and the operation of online platforms. The code would force Facebook and Google into binding arbitration if they cannot come to an agreement with media companies over payment for the use of their news content. On the question of whether Google’s threat to shut down its search engine in Australia if the code goes ahead made them more or less likely to support the code, 34 per cent of respondents stated it would make them more likely. Pureprofile CEO Martin Filz claims that Google has "underestimated the backlash against Big Tech".

CORPORATES
FACEBOOK INCORPORATED,GOOGLE INCORPORATED,PUREPROFILE LIMITED – ASX PPL

Big Tech urged to challenge virus lies

Original article by David Swan
The Australian – Page: 19 : 25-Jan-21

A coalition that includes the Immunisation Foundation of Australia and Doherty Institute is calling on the big technology companies to do more to prevent the sharing of misinformation about COVID-19 online. The coalition is concerned this misinformation is causing a growing mistrust about potential COVID-19 vaccines and vaccines in general, along with causing a growing number of people to ignore public health directives about social distancing and lockdown measures because they see COVID-19 as being a government-led hoax.

CORPORATES
IMMUNISATION FOUNDATION OF AUSTRALIA, UNIVERSITY OF MELBOURNE. PETER DOHERTY INSTITUTE FOR INFECTION AND IMMUNITY