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Good news for Rupert Murdoch’s empire

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Original article by John Kehoe
The Australian Financial Review – Page: 17 : 18-Nov-16

Rupert Murdoch’s News Corporation and 21st Century Fox will benefit from plans by president-elect Donald Trump to reduce the US corporate tax rate from 35 per cent to 15 per cent. Trump’s vow to block the proposed merger of telco AT&T and media giant Time Warner will also be welcomed by Murdoch, who made an aborted takeover bid for the latter in 2014. Likewise, Trump’s election win has ensured that he will not establish a TV network that would target a similar audience to Murdoch’s Fox News.

CORPORATES
NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, AT&T CORPORATION, TIME WARNER INCORPORATED, FOX NEWS, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, REPUBLICAN PARTY (UNITED STATES), DEMOCRATIC PARTY (UNITED STATES)

Guthrie defends Netflix, ABC deal

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Original article by Max Mason
The Australian Financial Review – Page: 29 : 17-Nov-16

ABC MD Michelle Guthrie has defended the public broadcaster’s deal to produce a second series of drama "Glitch" in partnership with Netflix. She has told the Screen Forever conference that ABC viewers now expect drama shows to have the same production values as those produced by subscription video-on-demand services, and notes that producing such content is becoming increasingly expensive. The co-production deal will give Netflix global streaming rights to "Glitch".

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NETFLIX INCORPORATED, MATCHBOX PICTURES PTY LTD, FILM VICTORIA, AMC NETWORKS, SUNDANCE TV