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Gloves off: ABC goes to war with News Corp

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 11 : 25-May-23

ABC MD David Anderson has defended the public broadcaster’s coverage of King Charles III’s coronation. He has told a Senate estimates hearing that the coverage was "justified, relevant and appropriate", and criticised Rupert Murdoch’s media outlets for their sustained attack on the ABC’s coverage. Anderson and the ABC’s head of news Justin Stevens highlighted the negative reporting from News Corp Australia mastheads and Sky News, noting that Indigenous presenter Stan Grant in particular was targeted. Anderson indicated that he will seek a meeting with News Corp Australia’s executive chairman Michael Miller; he added that they have a "respectful" working relationship.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SKY NEWS

Australia’s critical minerals crunch

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Original article by Nick Evans
The Australian – Page: 13 & 16 : 25-May-23

The issue of processing rare earths and critical minerals in Australia was a key issue of discussion at a mining summit in Perth on Wednesday. Iluka Resources MD Tom O’Leary flagged the potential for a domestic critical minerals reservation, which would allow projects to be approved on the condition that a certain proportion of the output would have to be processed in Australia. He noted that a similar gas reservation scheme has been successful in Western Australia. Former WA premier Richard Court in turn suggested that state governments could encourage increased downstream processing of critical minerals by introducing differential royalty rates.

CORPORATES
ILUKA RESOURCES LIMITED – ASX ILU

ABC staff lead bogus claims against News

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Original article by James Madden
The Australian – Page: 1 & 2 : 24-May-23

The ABC’s somewhat controversial coverage of King Charles III’s coronation continues to attract scrutiny. Critics of News Corp Australia in turn have made false claims about the extent of the Rupert Murdoch-controlled media group’s reporting of the ABC’s coronation coverage. The Guardian Australia recently claimed that The Australian and Sky News had mentioned the public broadcaster’s coronation coverage and presenter Stan Grant more than 150 times in the last two weeks. This unverified claim has since been repeated by other left-leaning media outlets, but independent research has shown that shown that the Guardian’s figures are incorrect. Despite this, the ABC continues to contend that it is "under attack" from News Corp.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SKY NEWS, THE GUARDIAN AUSTRALIA

ABC digital users plummet – but the money keeps coming

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Original article by Sophie Elsworth
The Australian – Page: 13 : 10-May-23

The ABC had 17 million weekly active digital users in 2021-22, and the budget papers show that it had a target of 18.3 million active users for 2022-23. However, the public broadcaster is now expected to boast just 13.4 million active digital users in the current financial year. In contrast, SBS is expected to have 13.1 million digital registrations in 2022-23, well ahead of its target of 11.6 million. Meanwhile, the federal government will allocate additional funding in 2023-24 to ensure improved access to broadcasting services for Indigenous people in remote communities.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS)

Seven downgrades its TV ad market forecast

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 15 : 3-May-23

Seven West Media CEO James Warburton estimates that the TV advertising market fell by 11 per cent during the March quarter, and he expects a similar decline in the June quarter. Seven West had forecast in February that the advertising sales downturn in the March quarter would be in the "mid to high single-digits". However, Warburton notes that the TV ad market often rebounds quickly after a downturn. Warburton has also advised that Seven West now expects its operating costs for 2022-23 to be within the range of $1.2bn to $1.21bn, compared with previous guidance of $1.22bn to $1.23bn.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM

Regional journalist jobs go in News Corp restructure

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: Online : 13-Apr-23

News Corp Australia has declined to comment on reports that it may downsize its regional newspaper staff as part of a push to reduce costs. Sources have claimed that more than 100 regional journalist and editors were asked to attend an unscheduled video meeting on Tuesday afternoon which was hosted by national community masthead network editor John McGourty. He is said to have told them that jobs may be cut and some mastheads could be merged, but stressed that these are only proposals at this stage. News Corporation recently revealed plans to cut five per cent of its global workforce.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

ABC staff cancel strike after winning pay rise, but some rankled by disrespect

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Original article by Zoe Samios
The Age – Page: Online : 23-Mar-23

The Media, Entertainment & Arts Alliance’s members at the ABC will not proceed with industrial action on Wednesday after the union reached an in-principle agreement with the public broadcaster for a new workplace deal. Cassie Derrick from the MEAA has praised the direct intervention of ABC MD David Anderson, and she emphasises that the dispute had not just been about pay. ABC employees will receive a pay rise of 11 per cent over three years, and a one-off bonus of $1,500. The ABC has also agreed to undertake an audit of the gender and cultural diversity pay gap, and implement a new framework for career progression. However, members of the Community & Public Sector Union at the ABC still intend to go on strike for two hours.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, COMMUNITY AND PUBLIC SECTOR UNION

News Corp encourages staff to try AI chatbot

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 19 : 8-Mar-23

News Corp Australia chairman Michael Miller has urged the media company’s staff to embrace artificial intelligence technology such as ChatGPT. Miller has told staff via email that AI will "change our industry", and noted that News Corp has already incorporated AI into its work practices. It has also established an AI Working Group to explore "high-value opportunities" for the technology.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

ABC staff have called off Tuesday’s planned strike to consider a new pay offer

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Original article by Sophie Elsworth
The Australian – Page: Online : 7-Mar-23

ABC employees will not proceed with industrial action on Tuesday after the public broadcaster offered a sweetened pay deal. The ABC has offered a pay rise of 11.5 per cent over three years, backdated to the start of October 2022, and a sign-on bonus of $1,500. ABC employees have been pushing for annual pay rises of six per cent for three years, and negotiations with the broadcaster will continue. The 40-minute strike by ABC journalists had been timed to coincide with the latest interest rate announcement from the Reserve Bank.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION

Free TV in push for prime spot on screens

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 30 : 6-Mar-23

Australia’s commercial free-to-air networks have described prominence on connected TVs as the most important regulatory issue facing the industry. The federal government wants to legislate to ensure that the apps of local networks are pre-installed and prominently displayed on TV sets. However, Free TV Australia believes that the legislation should go further, and mandate that the apps of local broadcasters are displayed first on the home screens of connected TVs. Foxtel has criticised the networks’ push, contending that it constitutes a "free ride on Aussie consumers".

CORPORATES
FREE TV AUSTRALIA LIMITED, FOXTEL MANAGEMENT PTY LTD