M6940 Advertising Services

Domain pursuer CoStar acquires Homes.com.au

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Original article by Zoe Samios
The Australian Financial Review – Page: 17 : 4-Jun-25

Sources have indicated that US-based CoStar has struck a deal to acquire the Homes.com.au domain name for $22.8m. CoStar, which is seeking to buy property listings group Domain Holdings for $3bn, already owns the Homes.com domain in the US and has spent more than $US1bn on a marketing campaign for the brand. Its deal to acquire Homes.com.au could indicate that CoStar will consider rebranding Domain if shareholders approve the deal in August. CoStar’s founder and CEO Andy Florance says that acquiring the Homes.com.au domain will give his company a range of options regarding how it positions itself in the Australian market.

CORPORATES
COSTAR GROUP INCORPORATED, HOMES.COM.AU, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, HOMES.COM

REA banks on news.com.au to beat Domain bidder

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 15 : 5-Mar-25

News Corporation has a majority stake in REA Group, which in turn owns the realestate.com.au property listings portal. News Corp CEO Robert Thomson has downplayed concerns about US-based CoStar’s takeover bid for rival property listings group Domain Holdings. Thomson says CoStar lacks a publishing network and would have to ramp up the marketing of Domain to increase its market share. Thomson adds that News Corp has a comparative advantage, as it can leverage its media assets – including the news.com.au website – to drive traffic to REA Group.

CORPORATES
NEWS CORPORATION – ASX NWS, REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, COSTAR GROUP INCORPORATED

REA makes $9b play for UK property platform

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 14 & 17 : 3-Sep-24

News Corporation-backed online property listings company REA Group told investors on Monday that it is considering making a takeover bid for UK property platform Rightmove, noting clear similarities between the two companies. Rightmove is currently worth Stg4.4 billion ($8.5 billion), suggesting that any bid by REA Group would need to be worth at least $9 billion. Commenting on the prospect of a bid for Rightmove by REA Group, Morningstar analyst Roy van Keulen said it could be viewed as an attempt by REA to stave off a future international competitor.

CORPORATES
REA GROUP LIMITED – ASX REA, RIGHTMOVE.CO.UK LIMITED, MORNINGSTAR PTY LTD, NEWS CORPORATION – ASX NWS

Catalano and Waislitz take fight to Seek in regional Australia

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 16 : 7-Feb-24

Australian Community Media’s owners Antony Catalano and Alex Waislitz will launch a new job listings website in partnership with SpotJobs’ co-founder Lewis Romano. ViewJobs is slated to be launched in early March, and will focus on job vacancies in regional areas. Romano says most of the existing sites do not necessarily cater to the requirements of regional and rural employers; he notes that there has been five per cent growth in regional job advertisements in recent months, while job ads in metropolitan areas have fallen by 10 per cent. ACM will use its portfolio of regional newspapers to promote ViewJobs, which is jointly owned by Catalano and Romano.

CORPORATES
AUSTRALIAN COMMUNITY MEDIA PTY LTD, SPOTJOBS PTY LTD, VIEWJOBS

Nine’s Domain caught in cyber scam

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Original article by Sophie Elsworth
The Australian – Page: 3 : 21-May-21

Online real estate portal Domain has increased its security controls in the wake of a cyber-attack. CEO Jason Pellegrino has informed Domain users that their personal information may have been stolen in the phishing attack, which targeted people who inquired about rental properties that had been advertised on Domain. Nine Entertainment Company, which has a 60 per cent stake in Domain, has confirmed that the cyber attack is not related one which disrupted its own operations in March

CORPORATES
DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Ad spend back 10.6% in March, but newspaper bookings soar 30.2% in response to COVID-19

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Original article by Brittney Rigby
Mumbrella – Page: Online : 5-May-20

The media agency-funded advertising expenditure market fell by 10.6 per cent in March, according to Standard Media Index, although newspaper bookings rose 30.2 per cent in response to COVID-19. The full extent of the impact of COVID-19 on advertising expenditure and marketing budgets is yet to be seen, and SMI AUNZ managing director Jane Ractliffe is tipping a decline of around 30 per cent in media agency bookings in April for both Australia and New Zealand.

CORPORATES
SMI MEDIA INCORPORATED

ACCC approves eBay car ads deal

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Original article by Lilly Vitorovich
The Australian – Page: 15 : 1-May-20

The Australian Competition & Consumer Commission has approved eBay’s purchase of Cox Automotive Media Solutions, which owns the Carsguide and Autotrader websites. The transaction, which was announced in December, will see eBay combine its Gumtree Australia operations with those of Cox Automotive Media. The ACCC noted that Carsales and Facebook Marketplace both provide significant competition to the Gumtree and Cox Media businesses.

CORPORATES
EBAY AUSTRALIA AND NEW ZEALAND PTY LTD, EBAY INCORPORATED, CARSGUIDE, AUTOTRADER, COX AUTOMOTIVE MEDIA SOLUTIONS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GUMTREE.COM AUSTRALIA PTY LTD

2020 should deliver some good news for traditional media

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Original article by Max Mason
The Australian Financial Review – Page: 15 : 8-Jan-20

GroupM expects Australia’s advertising market to record growth of about five per cent in 2020, compared with four per cent in 2019. Nicola Lewis of Group expects major digital platforms such as Facebook and Google to drive growth in the sector. She also expects traditional media companies to record "modest" growth in advertising revenue. Lewis adds that there could be further growth in the broadcast video-on-demand market as consumers upgrade to new TVs.

CORPORATES
GROUPM COMMUNICATIONS PTY LTD, IPG MEDIABRANDS, FACEBOOK INCORPORATED, GOOGLE INCORPORATED, OZTAM PTY LTD

Nine chases NZ media assets in QMS carve-up

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Original article by Bridget Carter, Lilly Vitorovich
The Australian – Page: 19 : 30-Oct-19

QMS Media’s board has recommended that shareholders accept a cash offer of $1.22 per share from Quadrant Private Equity, in the latest deal in Australia’s outdoor advertising sector. Meanwhile, Nine Entertainment Company has declined to comment on speculation that it could be interested in buying some of QMS’s assets in New Zealand, including radio stations and its outdoor advertising business. QMS has a 40 per cent stake in MediaWorks, which owns New Zealand TV stations such as TV3 and Bravo, and radio stations such as Magic and The Edge.

CORPORATES
QMS MEDIA LIMITED – ASX QMS, QUADRANT PRIVATE EQUITY PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, MEDIAWORKS (NZ) LIMITED, TV3 NETWORK LIMITED, BRAVO, MAGIC, THE EDGE, OAKTREE CAPITAL MANAGEMENT LLC, KKR AND COMPANY LP, FAIRFAX MEDIA LIMITED, NZME LIMITED – ASX NZM, STUFF LIMITED, JC DECAUX SA, APN OUTDOOR GROUP LIMITED, ADSHEL PTY LTD, HT&E LIMITED – ASX HT1

Nine fights tech giants with new ad model

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Original article by Max Mason
The Australian Financial Review – Page: 14 : 17-Oct-19

Nine Entertainment Company has used its annual ‘upfronts’ to reveal that it will adopt a cost per completed view model for advertising across its digital platforms. Clients will be charged only if a video ad is viewed in full. The move is aimed at technology giants Facebook and Google, which have attracted scrutiny over their own advertising policies. Nine has also advised that it has amalgamated the data that has been gathered across its digital platforms.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FACEBOOK INCORPORATED, GOOGLE INCORPORATED, YOUTUBE INCORPORATED, FAIRFAX MEDIA LIMITED