J57 Internet Publishing and Broadcasting

Facebook’s reckoning is fast approaching

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Original article by John McDuling
The Age – Page: 20 : 6-Apr-18

Despite the recent data breach controversy involving Cambridge Analytica, Facebook boss Mark Zuckerberg still believes that he is the right person to run the social media company, while he does not seem to think the scandal has affected Facebook’s advertising business to any great extent. Zuckerberg will shortly testify before the US Congress, and Facebook’s executives in Australia are also likely to face scrutiny given that more that 300,000 local users may have been affected by the scandal. Facebook is also the subject of investigations by the Australian Competition & Consumer Commission and the Federal Privacy Commissioner.

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

Seven West sells 50pc stake in Yahoo7

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Original article by Dana McCauley
The Australian – Page: 26 : 29-Mar-18

Yahoo7 is expected to be rebranded following Oath’s deal buy Seven West Media’s stake in the digital joint venture. However, Seven will retain all of its branded news and TV portals, while it may continue to provide non-exclusive content to Oath once the joint venture is formally unwound. Seven West Media CEO Tim Worner notes that Yahoo7 has an audience reach of about nine million and is upbeat about its outlook under the ownership of Oath.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, YAHOO!7 COMMUNICATIONS AUSTRALIA PTY LTD, OATH INCORPORATED, YAHOO! INCORPORATED, VERIZON COMMUNICATIONS INCORPORATED

Foxtel weighs Fox Sports streaming service

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Original article by Max Mason
The Australian Financial Review – Page: 17 : 26-Mar-18

Foxtel is working on an "over-the-top" streaming video service for Fox Sports, which could allow consumers to view a limited selection of sports channels without taking out a pay-TV subscription. Should the new video-on-demand services be launched, it is expected to have unique branding to distinguish it from Foxtel and its existing product range. Foxtel is keen to attract consumers who have previously not been interested in taking up a pay-TV subscription.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, FOXTEL NOW, PRESTO ENTERTAINMENT PTY LTD

Google flags $400m for journalism

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Original article by Max Mason
The Australian Financial Review – Page: 28 : 22-Mar-18

Technology giant Google hopes to improve its relationship with international media companies via its Google News Initiative. Google has committed to investing $US300m ($A389m) in a range of news-related projects, including changes to its search algorithms to ensure that "authoritative" news sources are displayed first in its search results. Meanwhile, the Subscribe with Google project will make it easier for Google users to take out subscriptions with news publishers via Google’s platform.

CORPORATES
GOOGLE INCORPORATED, FAIRFAX MEDIA LIMITED – ASX FXJ, MAINCIHI, FIRST DRAFT, YOUTUBE INCORPORATED, FACEBOOK INCORPORATED

Truth to triumph in Google’s new news algorithm

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Original article by Darren Davidson
The Australian – Page: 21 : 21-Mar-18

Technology giant Google has announced a range of initiatives that are designed to assist news publishers to gain more revenue from their content. Amongst other things, Google will change its algorithms to ensure that
"authoritative" news sources are given precedence in its search results, while it will also launch a program which will allow people to subscribe to a wide range of digital newspapers via their Google account.

CORPORATES
GOOGLE INCORPORATED, NEWS CORPORATION – ASX NWS, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, BUZZFEED INCORPORATED, WPP PLC

Sharp rise in social media abuse calls for defamation law reform

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Original article by Dana McCauley
The Australian – Page: Online : 12-Mar-18

The proportion of defamation cases emanating from digital publication – be it social media, a blog or a news web site – has risen from 17 per cent to 53 per cent over the 10 years to 2017, according to the Centre for Media Transition at the University of Technology, Sydney. The Centre also found that the majority of "digital defamation" cases over the period between 2013 and 2017 did not involve paid journalists. Peter Fray, professor of journalism practice at UTS, claims people are becoming addicted to defamation, and that Australian defamation laws need to change.

CORPORATES
UNIVERSITY OF TECHNOLOGY, SYDNEY, NEWS CORPORATION – ASX NWS, FACEBOOK AUSTRALIA PTY LTD, GOOGLE AUSTRALIA PTY LTD, BAUER MEDIA AUSTRALIA PTY LTD, PRESS COUNCIL OF AUSTRALIA

Australian talent misses out as Netflix ramps up

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Original article by Karl Quinn
The Age – Page: 15 : 2-Mar-18

Netflix intends to spend around $US8 billion ($A10.27 billion) on content in 2018, but Australian film and television producers are yet to see much of that investment. Thus far, fantasy/crime program "Tidelands" is the only Australian program that Netflix has commissioned. Although around 30 per cent of Australian households subscribe to Netflix, a survey presented to a review of Australian and children’s screen content in September found that only between two and 2.5 per cent of the content shown on Netflix in Australia was of local origin.

CORPORATES
NETFLIX INCORPORATED, RMIT UNIVERSITY, STAN ENTERTAINMENT PTY LTD, AUSTRALIAN BROADCASTING CORPORATION, FOXTEL MANAGEMENT PTY LTD

Media chiefs hail digital inquiry

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Original article by Darren Davidson
The Australian – Page: 19 : 27-Feb-18

Media industry executives are supportive of the Australian Competition & Consumer Commission’s inquiry into the digital media sector. News Corp Australia executive chairman Michael Miller says it looks forward to actively participating in the inquiry, while Seven West Media CEO Tim Worner says the company is keen to express its views. Miller says the inquiry represents an opportunity to reform the digital media sector into one that offers the opportunity for all participants to compete on a "more even playing field"

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NEWS CONNECT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AMAZON.COM INCORPORATED, TEN NETWORK HOLDINGS LIMITED, TWITTER INCORPORATED, SNAPCHAT INCORPORATED, APPLE INCORPORATED

Murdoch backed over Facebook fees

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Original article by Darren Davidson
The Australian – Page: 22 : 29-Jan-18

There is growing support in Australia and abroad for Rupert Murdoch’s proposal for digital companies such as Facebook and Google to pay for the news content that they redistribute. Nine Entertainment Company CEO Hugh Marks says the issue needs to be addressed urgently, adding that there are several other options that are worth considering. Murdoch’s proposal has also received a favourable response from NewsMediaWorks CEO Peter Miller, WPP CEO Sir Martin Sorrell and North America’s News Media Alliance.

CORPORATES
NEWS CORPORATION – ASX NWS, FACEBOOK INCORPORATED, GOOGLE INCORPORATED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWSMEDIAWORKS, WPP PLC, NEWS MEDIA ALLIANCE, FEDERATION OF GERMAN NEWSPAPER PUBLISHERS, WORLD ECONOMIC FORUM

Netflix hits top ranking in Australian brand survey

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Original article by Stephen Brook
The Australian – Page: 22 : 29-Jan-18

Netflix and YouTube have topped YouGov’s annual list of the top 10 consumer brands in Australia. Other brands in the YouGov BrandIndex 2017 include Aldi, Kmart, Google, Bunnings and Coles. Netflix entered the Australian market in 2015, and while it does not provide data on local subscription numbers, Roy Morgan estimates that about three million Australian households subscribe to the streaming video service.

CORPORATES
NETFLIX INCORPORATED, YOUTUBE INCORPORATED, YOUGOV LIMITED, ROY MORGAN LIMITED, ALDI STORES SUPERMARKETS PTY LTD, KMART AUSTRALIA LIMITED, GOOGLE INCORPORATED, BUNNINGS GROUP LIMITED, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS SUPERMARKETS, PAYPAL INCORPORATED, STAN ENTERTAINMENT PTY LTD, TEN NETWORK HOLDINGS LIMITED, CBS CORPORATION, DICK SMITH HOLDINGS LIMITED, KOGAN.COM LIMITED – ASX KGN