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Foxtel, Telstra and Apple launch TV-streaming devices to beat the Christmas non-ratings period

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Original article by Jennifer Dudley-Nicholson
The Weekly Times – Page: Online : 19-Nov-17

Foxtel, Telstra and Apple all intend to launch new set-top boxes prior to the commencement of the Christmas non-television ratings period. All three devices will provide access to a range of video streaming services, and media analyst Peter Cox notes that Australian consumers have been very quick to adopt video streaming for both films and television. Roy Morgan Research has found that over seven million Australians had used Netflix as of June 2017, while Telstra research shows that more than 60 per cent of Australians are streaming their entertainment.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, APPLE INCORPORATED, ROY MORGAN RESEARCH LIMITED, NETFLIX INCORPORATED

Patties takes a hot shot at American pie market

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Original article by Patrick Durkin
The Australian Financial Review – Page: 9 : 21-Nov-17

Patties Foods has signed an multi-year deal with National Basketball Association team the Philadelphia 76ers to help it gain a foothold in the US pie market. The club is home to Australian basketball star Ben Simmons. Patties Foods CEO Paul Hitchcock says it will start by selling its famous Four’n Twenty beef pie to spectators at 76ers’ games, rather than trying anything fancy. Hitchcock notes that currently around 24 million Americans eat 21 million pies a year, so given that there are 320 million Americans, there is huge potential for growth.

CORPORATES
PATTIES FOODS LIMITED, NATIONAL BASKETBALL ASSOCIATION, PHILADELPHIA 76ERS, PACIFIC EQUITY PARTNERS PTY LTD, NIKE INCORPORATED, AUSTRALIAN WHOLEFOODS, LEADER FOODS, THE MYER FAMILY COMPANY PTY LTD

Air NZ pips Singapore Airlines, Emirates & Etihad Airways for Customer Satisfaction

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

Air New Zealand is again Australia’s most satisfying international airline, having a customer satisfaction rating of 88.8% in September, according to Roy Morgan Research’s latest survey on the topic. It was followed by Singapore Airlines (88.3%) and Emirates (87.3%). Qantas was again the leading Australian-based international airline, with a customer satisfaction rating of 80.2%, ahead of main rival Virgin Australia on 74.9%. Norman Morris, Industry Communications Director at Roy Morgan Research, notes that Air New Zealand’s rating was unchanged from September 2016.

CORPORATES
AIR NEW ZEALAND LIMITED – ASX AIZ, ROY MORGAN RESEARCH LIMITED, SINGAPORE AIRLINES LIMITED, EMIRATES AIRLINES, QANTAS AIRWAYS LIMITED – ASX QAN, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, ETIHAD AIRWAYS, THAI AIRWAYS INTERNATIONAL PUBLIC COMPANY LIMITED, BRITISH AIRWAYS PLC, JETSTAR AIRLINES PTY LTD, TIGER AIRWAYS AUSTRALIA PTY LTD, CATHAY PACIFIC AIRWAYS LIMITED, GARUDA AVIATION PTY LTD

Malcolm Turnbull flags tax cuts for low, middle-income earners

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Original article by Phillip Coorey
The Australian Financial Review – Page: Online : 21-Nov-17

Prime Minister Malcolm Turnbull canvassed the prospect of tax cuts for those on low and middle incomes during a speech to the Business Council of Australia on 20 November. However, he said any cuts did not mean the government was abandoning its commitment to return the budget to surplus, nor would they come at the expense of the remaining reductions to company tax that the government is still trying to get approved.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. PARLIAMENTARY BUDGET OFFICE, DELOITTE ACCESS ECONOMICS PTY LTD

Piracy crackdown pays dividends

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Original article by Darren Davidson
The Australian – Page: 26 : 20-Nov-17

A record percentage of Australians agree with the sentiment that online film and television piracy is a crime, according to a survey by Creative Content Australia. CCA also found that an unchanged 21 per cent of adults admitted they had committed some form of online piracy. Village Roadshow co-CEO Graham Burke says that Google could be doing a lot more to curtail illegal downloads.

CORPORATES
CREATIVE CONTENT AUSTRALIA, VILLAGE ROADSHOW LIMITED – ASX VRL, GOOGLE AUSTRALIA PTY LTD, FOXTEL COMMERCIAL PRODUCTIONS, FEDERAL COURT OF AUSTRALIA

Today Show: Karl Stefanovic to be joined by Georgie Gardner

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Original article by Darren Davidson
The Australian – Page: Online : 20-Nov-17

Channel Nine is expected to soon announce that Georgie Gardner will be joining the "Today" breakfast show as co-host with Karl Stefanovic, replacing Lisa Wilkinson. It is understood that Gardner, who currently reads the weekend news on Nine, will receive a significant boost to her salary as a result. Gardner was previously involved with the "Today" show as a newsreader, but left in 2014. Wilkinson left the show suddenly in October after 10 years, and has since joined Ten.

CORPORATES
NINE NETWORK AUSTRALIA LIMITED, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, TEN NETWORK HOLDINGS LIMITED – ASX TEN

Murdoch beats the bushes for a deal

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Original article by Elizabeth Knight
The Sydney Morning Herald – Page: 7 : 18-Nov-17

Netflix has transformed the media industry in a little more than a decade, essentially because of all the content it possesses. It is the desire for more content of their own that is seeing companies such as Amazon and Verizon casting their eyes over the content assets owned by the Murdoch family’s 21st Century Fox. Investors clearly think that the Murdochs are interested in doing some type of deal, with shares in 21st Century Fox having risen by around 18 per cent in the last two weeks.

CORPORATES
NETFLIX INCORPORATED, AMAZON.COM INCORPORATED, VERIZON COMMUNICATIONS INCORPORATED, 21ST CENTURY FOX INCORPORATED, WALT DISNEY COMPANY, COMCAST CORPORATION, SKY PLC, FOX NEWS, FOX SPORTS, NBN CO LIMITED, NBC UNIVERSAL INCORPORATED, HULU LLC, AT&T CORPORATION, TIME WARNER INCORPORATED

‘Amazon won’t ruin our Christmas’

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Original article by Paul Garvey
The Australian – Page: 21 : 16-Nov-17

Rob Scott will officially succeed Richard Goyder as CEO of Wesfarmers on 16 November. Scott is upbeat about the outlook for the Perth-based conglomerate’s retail operations during the upcoming Christmas shopping season, and he is confident that it will be the division’s best Christmas period on record. Scott has downplayed the impact that the entry of e-commerce giant Amazon will have on Wesfarmers’ retail businesses, noting that customers can already buy 130,000 products online.

CORPORATES
WESFARMERS LIMITED – ASX WESAMAZON.COM INCORPORATEDCOLES SUPERMARKETS AUSTRALIA PTY LTDTARGET AUSTRALIA PTY LTDKMART AUSTRALIA LIMITEDALDI STORES SUPERMARKETS PTY LTDCOSTCO WHOLESALE AUSTRALIA PTY LTDCITIGROUP PTY LTD

CBS backing will boost Ten, says Anderson

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Original article by Max Mason
The Australian Financial Review – Page: 34 : 16-Nov-17

Ten Network’s administrator KordaMentha has formally applied to have the broadcaster’s shares delisted by the Australian Securities Exchange following its acquisition by CBS Corporation. Ten CEO Paul Anderson says CBS has indicated that content will be its top priority for Ten, and he stresses that although ownership by the US media group will strengthen Ten’s financial position it must still be profitable and deliver CBS a return on its investment. He has also praised Ten’s employees for continuing to support the network while it was in administration.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TENCBS CORPORATIONKORDA MENTHA AND COLLEAGUES PTY LTD

Prime tie-up with Seven makes sense: Hartigan

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Original article by Max Mason
The Australian Financial Review – Page: 25 : 15-Nov-17

Merger discussions between Seven West Media and regional affiliate Prime Media Group stalled in September, shortly after cross-media ownership reforms were approved by the Senate. However, Prime chairman John Hartigan has told the company’s annual meeting that a merger with Seven would make sense for both companies, and he has warned that merging with another media company will be necessary if Prime is to remain "relevant and sustainable".

CORPORATES
PRIME MEDIA GROUP LIMITED – ASX PRTSEVEN WEST MEDIA LIMITED – ASX SWM21ST CENTURY FOX INCORPORATEDWALT DISNEY COMPANY