MASS MEDIA – AUSTRALIA

News Corp takes full control of Sky News

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Original article by Darren Davidson
The Australian – Page: 21 : 2-Dec-16

News Corp Australia is believed to have paid about $A20m for Australian News Channel, which owns Sky News. The media giant has been in talks with ACN owners Seven West Media, Nine Entertainment Company and Sky plc since 2015. News Corp Australia executive chairman Michael Miller says the deal brings together two of the nation’s "strongest and most credentialed" providers of news media. He has flagged increased investment in content and quality journalism at Sky.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SKY NEWS, AUSTRALIAN NEWS CHANNEL PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SKY PLC, FOXTEL MANAGEMENT PTY LTD, 21ST CENTURY FOX INCORPORATED

TV bosses unite against online foe

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Original article by Max Mason
The Australian Financial Review – Page: 9 : 1-Dec-16

The ReThink TV forum in Sydney has featured a panel discussion with the CEOs of Australia’s commercial free-to-air networks and Foxtel. Seven West Media’s Tim Worner conceded that in recent years some TV shows have not been very good, but he is confident that upcoming shows will appeal to viewers. Ten Network’s Paul Anderson noted that the networks are co-operating more in terms of marketing and audience measurement, amid growing competition from digital players.

CORPORATES
THINK TV, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD, MULTI CHANNEL NETWORK PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

TV bosses unite against online foe

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Original article by Max Mason
The Australian Financial Review – Page: 9 : 1-Dec-16

The ReThink TV forum in Sydney has featured a panel discussion with the CEOs of Australia’s commercial free-to-air networks and Foxtel. Seven West Media’s Tim Worner conceded that in recent years some TV shows have not been very good, but he is confident that upcoming shows will appeal to viewers. Ten Network’s Paul Anderson noted that the networks are co-operating more in terms of marketing and audience measurement, amid growing competition from digital players.

CORPORATES
THINK TV, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD, MULTI CHANNEL NETWORK PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

ACCC to look at online rivals if magazines join

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Original article by Jake Mitchell
The Australian – Page: 21 : 30-Nov-16

The Australian Competition & Consumer Commission could be expected to closely scrutinise any move by Bauer Media to acquire Pacific Magazines. ACCC chairman Rod Sims says that as yet neither group has sought advice from the regulator with regard to competition issues. Sims adds that the ACCC would consider factors such as competition from online magazines in deciding to approve a merger between the nation’s two largest magazine publishers.

CORPORATES
BAUER MEDIA AUSTRALIA PTY LTD, PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, ACP MAGAZINES LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Bleak view of Fairfax prospects

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Original article by Darren Davidson
The Australian – Page: 21 : 29-Nov-16

Citi has a "sell" recommendation on Fairfax Media, and values the company at $A0.70 per share. In contrast, Citi values the Domain property listings business at $A0.80 per share. The firm estimates that Fairfax would incur total costs of about $A330m if it opted to discontinue its print newspapers to focus on its digital operations. However, Citi notes that Fairfax’s digital revenue fell by 4.5 per cent in the first half of 2015-16.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, CITIGROUP PTY LTD, DOMAIN.COM.AU, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, CARSALES.COM LIMITED – ASX CAR, REA GROUP LIMITED – ASX REA

What’s in store for The Store? Fairfax readers spend big in the $2.6billion online retail clothing market

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Nov-16

As detailed in Roy Morgan’s latest State of the Nation report, Australia’s online shopping market is now worth an estimated $41.3billion per year. In the 12 months to September 2016, the Cross-Platform Audiences for Fairfax’s three leading mastheads were all more likely than average to shop online – and spent more when they did. The result is that Fairfax readers contribute far more than their fair share to the online shopping market. Some 21% of Australians (aged 14+) read the "Sydney Morning Herald" in print and digital, but this audience contributes 33% of all money spent online. Likewise, 15% read "The Age", but 20% of online shopping dollars come from them. Meanwhile, 7% read the "Australian Financial Review", but their value to the online shopping market is almost double, at 13%.

CORPORATES
ROY MORGAN RESEARCH LIMITED, FAIRFAX MEDIA LIMITED – ASX FXJ, THE STORE

Bauer taps Seven over Pac Mags

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Original article by Jake Mitchell
The Australian – Page: 23 : 28-Nov-16

Bauer Media Australia is said to have made an unsolicited offer earlier in 2016 to acquire the Pacific Magazines division of Seven West Media. However, the two groups are not believed to be discussing a potential deal at present. Pacific Magazines has discontinued or sold several magazine titles in 2016, while Bauer has discontinued a number of titles since it acquired ACP Magazines in 2013. Bauer Media CEO Nick Chan has previously been CEO of Pacific Magazines.

CORPORATES
BAUER MEDIA AUSTRALIA PTY LTD, BAUER MEDIA KG, PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED, WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED, YAHOO! INCORPORATED, SMI MEDIA INCORPORATED, NEXTMEDIA PTY LTD, NOVA ENTERTAINMENT PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL

Hold the remote: ratings show box has plenty of life left in it

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Original article by Darren Davidson
The Australian – Page: 26 : 28-Nov-16

The Seven Network has increased its total audience share by 0.9 per cent in 2016, winning the free-to-air TV ratings for a 10th consecutive year. Seven was the highest-rating network among the 16-39, 18-49 and 25-54 age demographics. OzTAM data also shows that the audience share of the Nine Network and Ten Network fell by 1.4 per cent and 0.1 respectively. The ABC’s audience share was steady, while SBS increased its audience share by 0.6 per cent.

CORPORATES
SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), OZTAM PTY LTD, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FACEBOOK INCORPORATED, GOOGLE INCORPORATED

A-League TV rights deal closer

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Original article by John Stensholt
The Australian Financial Review – Page: 23 : 24-Nov-16

Football Federation Australia is tipped to gain up to $A80m a year for TV broadcasting rights under the new deal which takes effect in mid-2017. FFA hopes that one of the three commercial free-to-air networks will buy the rights to show some A-League matches, as SBS currently broadcasts one match per week in a deal with Fox Sports. Bids for the broadcasting rights must be submitted by 9 December 2016, and FFA is believed to be keen to secure a deal before Cricket Australia commences its own negotiations with broadcasters.

CORPORATES
FOOTBALL FEDERATION AUSTRALIA LIMITED, THE A LEAGUE PTY LTD, SOCCEROOS, CRICKET AUSTRALIA, SPECIAL BROADCASTING SERVICE (SBS), FOX SPORTS AUSTRALIA PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE, LAGARDERE SPORTS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

ABC, SBS, Guardian and Fairfax racist: Newman

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Original article by Darren Davidson, Stephen Fitzpatrick, Rosie Lewis
The Australian – Page: 5 : 23-Nov-16

The former MD of the ABC, Maurice Newman, has accused many left-leaning media outlets of racism, including the public broadcaster. Newman also claims that SBS, Fairfax Media, The Guardian and Crikey are also racist, due to their coverage of Aboriginal issues. His comments follow claims by Aboriginal leader Noel Pearson that the ABC is racist, a view that is supported by the head of the Prime Minister’s ­Indigenous Advisory Council, Warren Mundine.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), FAIRFAX MEDIA LIMITED – ASX FXJ, THE GUARDIAN AUSTRALIA, CRIKEY.COM.AU, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS