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Netflix claims its first victim as EzyFlix bites the dust

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Original article by Yolanda Redrup
The Australian Financial Review – Page: online : 20-Aug-15

Netflix, the newest entrant to the Australian TV and movie streaming market, has claimed its first victim with Australian-based Ezyflix closing this week. Ezyflix’s model of charging per download for films and TV shows rather than using a monthly subscription-based model like Netflix, Quickflix, Presto and Stan appears to have made Ezyflix price uncompetitive with its rivals. The latest Roy Morgan Research survey shows Netflix now reaches 1.89 million Australians in July, stunning growth considering Netflix only launched in Australia four months earlier in March.

CORPORATES
ROY MORGAN RESEARCH LIMITED, EZYFLIX AUSTRALIA, STAN ENTERTAINMENT PTY LTD, QUICKFLIX LIMITED – ASX QFX, TELSYTE PTY LTD, FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, PRESTO ENTERTAINMENT PTY LTD

AFL’s deal of the decade

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Original article by John Stensholt, Max Mason
The Australian Financial Review – Page: 1&8 : 19-Aug-15

News Corporation, Seven West Media and Telstra have signed a broadcasting rights deal with Australian Football League (AFL). The $A2.508 billion six-year agreement is the largest sports rights deal in Australian television history. News Corporation chairman Rupert Murdoch said on 18 August 2015 that the AFL code is considered by the company as the premium code in Australia.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, TELSTRA CORPORATION LIMITED – ASX TLS, FOXTEL MANAGEMENT PTY LTD, NATIONAL RUGBY LEAGUE, AUSTRALIAN FOOTBALL LEAGUE, NEWS CORP AUSTRALIA PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, NETFLIX INCORPORATED, TEN NETWORK HOLDINGS LIMITED – ASX TEN, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Yellow Pages has 10 years left in print: Sensis CEO

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Original article by Paul McIntyre
The Australian Financial Review – Page: 29 : 17-Aug-15

John Allan, the CEO of Sensis, believes The Yellow Pages will continue to be commercially viable at least for another 10 years. Sensis is in the process of being transformed into a digital marketing hub for small and medium-sized businesses. Allan revealed that more than half of Sensis’s revenue was generated from digital activities although he declined to disclose the group’s revenue.

CORPORATES
SENSIS PTY LTD, GOOGLE INCORPORATED, REA GROUP LIMITED – ASX REA, STW COMMUNICATIONS GROUP LIMITED – ASX SGN, TELSTRA CORPORATION LIMITED – ASX TLS, OGILVY AUSTRALIA

Gyngell cleared of insider trading claims

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Original article by Darren Davidson
The Australian – Page: 25 : 17-Aug-15

The Australian Securities & Investments Commission (ASIC) has decided not to take further action against Nine Network CEO David Gyngell. ASIC officers examined a large number of email and text message records but found no evidence supporting insider trading allegations. The investigation was triggered by the sale of 700,000 Nine shares by Gyngell on 20 May 2015

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, CRICKET AUSTRALIA

Foxtel boost subscribers to 2.8 million, but at a cost

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Original article by Dominic White
The Australian Financial Review – Page: 15 : 14-Aug-15

Foxtel has increased its revenue by one per cent in 2014-15. Its profit declined eight per cent. The number of subscribers increased nine per cent to 2.8 million which was the result of the price reduction of Foxtel’s basic package, from $A49 to $A25 a month in November 2014. Foxtel is under competitive pressure from video-on-demand service Netflix whose service costs between $A9 and $A15 a month.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, TELSTRA CORPORATION LIMITED – ASX TLS, NEWS CORPORATION – ASX NWS, PRESTO ENTERTAINMENT PTY LTD, CITI AUSTRALIA PTY LTD

Myer still a fashionable number

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Original article by Sue Mitchell
The Australian Financial Review – Page: 3 : 14-Aug-15

Myer’s spring parade on 13 August 2015 featured 27 brands. The Australian-listed retailer is in the process of changing its business model. Myer CEO Richard Umbers and chief merchandise and marketing officer Daniel Bracken believe that sales could be revived by focusing on fewer but stronger brands. In July 2015, the company removed about 100 national and international brands from its offer while adding new labels such as Aje, Daniel Avakian, Jack & Jones, and Calvin Klein White Label.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, CALVIN KLEIN INCORPORATED, SNAPCHAT INCORPORATED, INSTAGRAM LLC, TWITTER INCORPORATED, FACEBOOK INCORPORATED

Foxtel boost subscribers to 2.8 million, but at a cost

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Original article by Dominic White
The Australian Financial Review – Page: 15 : 14-Aug-15

Foxtel has increased its revenue by one per cent in 2014-15. Its profit declined eight per cent. The number of subscribers increased nine per cent to 2.8 million which was the result of the price reduction of Foxtel’s basic package, from $A49 to $A25 a month in November 2014. Foxtel is under competitive pressure from video-on-demand service Netflix whose service costs between $A9 and $A15 a month.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, TELSTRA CORPORATION LIMITED – ASX TLS, NEWS CORPORATION – ASX NWS, PRESTO ENTERTAINMENT PTY LTD, CITI AUSTRALIA PTY LTD

Myer still a fashionable number

roymorgansocial Leave a comment

Original article by Sue Mitchell
The Australian Financial Review – Page: 3 : 14-Aug-15

Myer’s spring parade on 13 August 2015 featured 27 brands. The Australian-listed retailer is in the process of changing its business model. Myer CEO Richard Umbers and chief merchandise and marketing officer Daniel Bracken believe that sales could be revived by focusing on fewer but stronger brands. In July 2015, the company removed about 100 national and international brands from its offer while adding new labels such as Aje, Daniel Avakian, Jack & Jones, and Calvin Klein White Label.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, CALVIN KLEIN INCORPORATED, SNAPCHAT INCORPORATED, INSTAGRAM LLC, TWITTER INCORPORATED, FACEBOOK INCORPORATED

70pc of trial users stay: Stan

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Original article by Dominic White
The Australian Financial Review – Page: 3 : 13-Aug-15

Stan is keeping seven out of 10 clients who sign up for a free trial. Netflix’s biggest Australian rival, Stan is owned by Nine Entertainment and Fairfax Media, each of which is investing up to $A50 million in the new media venture. Nevertheless, analysts remain wary of Stan’s ability to reach profitability as it faces tough competition from Netflix and Presto.

CORPORATES
STAN ENTERTAINMENT PTY LTD, NETFLIX INCORPORATED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, PRESTO ENTERTAINMENT PTY LTD, CITI AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM

Netflix threat to TV overhyped: Foxtel CEO

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Original article by Dominic White, Paul McIntyre
The Australian Financial Review – Page: 44 : 11-Aug-15

Foxtel has grown its subscriber base since slashing the cost of its basic package, confounding pundits who believed it would be undermined by the arrival of cheap streaming services such as Netflix. Though Netflix has attracted 1.6 million customers in less than six months, Foxtel CEO Richard Freudenstein says its threat to both cable and free-to-air television has been exaggerated.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, NEILSEN MEDIA RESEARCH, APPLE INCORPORATED, AMAZON.COM INCORPORATED, GOOGLE INCORPORATED, CITI AUSTRALIA PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, STAN ENTERTAINMENT PTY LTD