Jobs go as Ten closes 10 Daily website

May 19, 2020roymorgansocial Leave a comment

Original article by Lilly Vitorovich
The Australian – Page: 15 : 19-May-20

The Ten Network has advised that its 10 Daily news and entertainment website will be discontinued as part of the network’s integration with US parent company ViacomCBS. About 20 jobs are expected to be lost due to the closure of 10 Daily, although it is uncertain as to whether the broader integration strategy will result in more job cuts at Ten. ViacomCBS Australia’s chief content officer Beverley McGarvey has stressed the need for Ten to be "platform-agnostic".

CORPORATES
TEN NETWORK HOLDINGS LIMITED, VIACOMCBS INCORPORATED

Whips cracking as Seven, Ten race for spring carnival deal

May 18, 2020roymorgansocial Leave a comment

Original article by John Stensholt
The Australian – Page: 19 : 18-May-20

Seven West Media’s broadcasting rights deal for about 21 races in Victoria’s Spring Racing Carnival expires on 30 June. These races include the Cox Plate and Caulfield Cup. The Ten Network is believed to have expressed interest in gaining the rights to these race meetings, given that it already broadcasts the four-day Melbourne Cup Carnival. Racing Victoria wants to renew its deal with Seven, although there is a push within the state’s racing industry for it to consider a bid from Ten. Seven and Racing Victoria are also joint venture partners in the Racing.com free-to-air TV channel.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, RACING VICTORIA LIMITED, TEN NETWORK HOLDINGS LIMITED, RACING.COM

Cut-price footy: TV chiefs muscle up

May 15, 2020roymorgansocial Leave a comment

Original article by John Stensholt, Courtney Walsh
The Australian – Page: 3 : 15-May-20

The Australian Football League will face pressure from Seven West Media and Foxtel for a reduction in their broadcasting rights fees for the 2020 season. They are believed to be seeking a fee reduction of at least $125m, given that the AFL’s shortened season will feature just 17 home-and-away matches. Meanwhile, the broadcasters differ on the revised structure of the season. Seven will push for a large number of ‘blockbuster’ matches to be held early in the season in order to attract advertisers and boost ratings, while Foxtel wants high-profile matches to be played throughout the season.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, FOXTEL MANAGEMENT PTY LTD, AUSTRALIAN FOOTBALL LEAGUE

Nine expects more from less after Jones

May 14, 2020roymorgansocial Leave a comment

Original article by Steve Jackson, Lilly Vitorovich
The Australian – Page: 6 : 14-May-20

Veteran radio broadcaster Alan Jones has dominated Sydney’s breakfast slot for many years, boasting a 17.9 per cent audience share in April. Industry insiders question whether Ben Fordham will retain Jones’s loyal audience when the latter bows out on 29 May. There is also speculation that 2GB will retrench much of Jones’s production team, which would compound the challenges that Fordham will face. However, he may attract new advertisers and a younger audience. Fordham will have some time to settle into the breakfast slot, given that ratings are on hold until September due to the pandemic.

CORPORATES
2GB, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Nine Radio takes short-term hit as Jones exits, but gets space to reset

May 13, 2020roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 3 : 13-May-20

Veteran broadcaster Alan Jones will step down as host of 2GB’s breakfast show after a 35-year career in radio. Ben Fordham will move from the drive slot to take over the breakfast slot, where Jones has dominated the ratings for many years. Patrick Potts of Martin Currie says Fordham is likely to lose some of Jones’s loyal audience, but notes that he may attract a younger demographic. 2GB may also regain some of the advertisers that boycotted the breakfast show in 2019 due to Jones’s comments about New Zealand Prime Minister Jacinda Ardern. Jones will continue to appear on pay-TV channel Sky News and write for News Corp mastheads.

CORPORATES
2GB, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SKY NEWS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

News Corp set to ditch printed versions of regional papers

May 13, 2020roymorgansocial Leave a comment

Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 15 : 13-May-20

Sources have indicated that News Corp Australia will shift to digital-only editions of some regional and community newspapers after negotiations to sell the business ended. News Corp launched a number of digital-only newspapers in 2018, with content that is produced by a local reporter being supplemented with stories from other newspapers in its portfolio. News Corp is believed to be considering this model for newspapers that will become digital-only.

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

Restructure or sell? News Corp sizes up some assets

May 12, 2020roymorgansocial Leave a comment

Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 24 : 12-May-20

Sources have indicated that News Corp Australia will restructure its regional and community newspapers arm if a deal to sell the business cannot be reached quickly. News Corp has held talks about selling the newspapers to Australian Community Media. It is believed that a key issue for News Corp is the value of the mastheads in terms of cross-marketing with REA Group; ACM’s joint owner Antony Catalano has a 26 per cent stake in rival property listings portal Real Estate View.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN COMMUNITY MEDIA, REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, REALESTATEVIEW.COM.AU LIMITED, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA

15.6 million Australians are reading or accessing magazine content

May 12, 2020roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 12-May-20

Roy Morgan’s Enhanced Cross-Platform Audience results for the three months of the March quarter 2020 show 15.6 million Australians are reading a print magazine or accessing magazine content online via websites, apps, or platforms such as Apple News in an average four weeks. This reach covers 74% of the Australian population aged 14+. Bauer Media’s ‘Now to Love’ online hub is viewed by over 2.7 million Australians in an average four weeks. Leading titles including Woman’s Day, Women’s Weekly, Good Health, TV Week and Take 5 can be accessed at ‘Now to Love’.

CORPORATES
ROY MORGAN LIMITED, BAUER MEDIA AUSTRALIA PTY LTD

News Corp in talks to sell off regional papers

May 11, 2020roymorgansocial Leave a comment

Original article by Leo Shanahan
The Australian – Page: 19 : 11-May-20

Australian Community Media may be poised to acquire some or all of News Corp Australia’s regional and community newspapers. ACM already owns a large portfolio of regional newspapers, and it is said to have been holding talks with News Corp about a deal for some time. Both companies have put the print editions of some mastheads on hold due to the coronavirus pandemic. News Corp is expected to retain some regional mastheads, including the ‘NT News’ if a deal proceeds.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN COMMUNITY MEDIA

Ten readies its fourth channel

May 11, 2020roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 29 : 11-May-20

The Ten Network is expected to launch a fourth broadcast channel in the second half of 2020, focusing on general entertainment for Ten’s target audience of people under the age of 50. Ten’s chief sales officer Rod Prosser says the new channel will feature content from a range of sources, including parent company ViacomCBS. Prosser is confident that the advertising market will soon begin to recover from the coronavirus-induced downturn.