MASS MEDIA – AUSTRALIA

Government weighing up broadcasters’ revenue fees

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Original article by Max Mason
The Australian Financial Review – Page: 25 : 6-Apr-16

Australia’s Communications Minister Mitch Fifield agrees that there is a need for changes to TV and radio broadcasting licence fees. However, Fifield has downplayed suggestions that a reduction in licence fees could be included in the May 2016 Budget, noting the Federal Government’s "constrained fiscal circumstances". TV networks have lobbied for the licence fee to be scrapped or reduced to just one per cent of revenue, but Fraser McLeish of Credit Suisse expects the fee to be reduced progressively over several years.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, CREDIT SUISSE (AUSTRALIA) LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Streaming ‘a plague’ on regions

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Original article by Gina Rushton
The Australian – Page: 20 : 6-Apr-16

Court proceedings on 5 April 2016 in the legal dispute between Nine Entertainment Company and regional affiliate WIN Corporation centred on the definition of "broadcast". WIN’s barrister, Tony Bannon, argued that the term includes live streaming as well as traditional TV broadcasts. WIN is seeking to have Nine barred from streaming its TV channels into regional markets, in order to protect its own advertising revenue.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, NINE NETWORK AUSTRALIA LIMITED, SUPREME COURT OF NEW SOUTH WALES, PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN

Nine and Ten to duke it out for Big Bash League

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Original article by Max Mason
The Australian Financial Review – Page: 29 : 4-Apr-16

Nine Entertainment Company will seriously consider bidding for the rights to the domestic Twenty20 cricket tournament, says CEO Hugh Marks. The 2015-16 Big Bash League was a ratings success for the Ten Network, whose current broadcasting rights deal is worth $A20m a year. Media industry analysts have suggested that the next deal could cost between $A50m and $A60m a year. Ten CEO Paul Anderson says the network is keen to retain the BBL rights.

CORPORATES
NINE FILMS AND TELEVISION PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, BIG BASH LEAGUE, CRICKET AUSTRALIA, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, AUSTRALIAN RUGBY FOOTBALL UNION, NETFLIX INCORPORATED

TV licence fee cuts could fall short of networks’ hopes

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Original article by Dominic White
The Australian Financial Review – Page: 29 : 4-Apr-16

The Australian Government has not made a final decision on whether to include a reduction in TV broadcasting licence fees in the May 2016 Budget. The fees are currently set at 4.5 per cent of broadcasters’ revenue, and TV networks want them to be scrapped or reduced to just one per cent of revenue. Credit Suisse’s Fraser McLeish expects a progressive reduction in fees to about 2.5 per cent over several years. Communications Minister Mitch Fifield recently agreed that the licence fees are high compared with the networks’ overseas peers.

CORPORATES
CREDIT SUISSE (AUSTRALIA) LIMITED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, GOOGLE INCORPORATED, NETFLIX INCORPORATED, MELBOURNE PRESS CLUB, AUSTRALIAN LABOR PARTY, AUSTRALIAN SUBSCRIPTION TELEVISION AND RADIO ASSOCIATION (ASTRA) INCORPORATED, SEVEN WEST MEDIA LIMITED – ASX SWM

Marks’ roadshow moves suggest Nine contemplating a merger with Southern Cross

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Original article by Jake Mitchell
The Australian – Page: 23 : 4-Apr-16

A merger between Nine Entertainment Company and regional broadcaster Southern Cross Media Group is widely tipped if cross-media ownership reforms proceed. Nine CEO Hugh Marks indicated in March 2016 that the group had no plans to resume merger discussions. However, he is believed to have told investors that synergies from a merger with Southern Cross could be worth about $A90m annually.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, TEN NETWORK HOLDINGS LIMITED – ASX TEN, WIN CORPORATION PTY LTD, NBN TELEVISION, RGM ARTISTS PTY LTD, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, CREDIT SUISSE (AUSTRALIA) LIMITED

Doubts over Netflix’s local content pledge

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Original article by Michael Bodey
The Australian – Page: 25 : 4-Apr-16

Australian subscription video-on-demand providers Stan and Presto have commissioned local programs, but US-based rival Netflix has yet to do so. Netflix’s chief content officer Ted Sarandos indicated in 2015 that the group will eventually begin producing content in Australia. However, Netflix has started to submit its original content for classification in Australia, and it has broadcast a range of Australian content in overseas markets.

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

Reforms could curb sport on free TV: Seven

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

Seven West Media CEO Tim Worner has cautioned the Australian Government against taking a "piecemeal" approach to media reform. He has told a Senate committee that relaxing cross-media ownership laws could allow the Ten Network to be acquired by pay-TV group Foxtel. This in turn could eventually result in more sporting events being removed from the anti-siphoning list and shown exclusively on pay-TV. Worner has also called for broadcasting licence fees to be scrapped or reduced.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, FOXTEL MANAGEMENT PTY LTD, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, FOX SPORTS AUSTRALIA PTY LTD, V8 SUPERCARS AUSTRALIA PTY LTD, NOVA ENTERTAINMENT PTY LTD, ILLYRIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN SUBSCRIPTION TELEVISION AND RADIO ASSOCIATION (ASTRA) INCORPORATED, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Include ABC, SBS in reform says Nine boss

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Original article by Max Mason
The Australian Financial Review – Page: 21 : 31-Mar-16

The Australian Government’s proposed media reforms should consider the option of merging the ABC and SBS, according to Nine Entertainment Company CEO Hugh Marks. He argues that a review of the two public broadcasters should be part any media reform agenda, noting that they have changed significantly since they were initially established. ABC MD Mark Scott recently called for to be merged with SBS.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS

Merged Foxtel, Fox Sports ‘easier’ to float

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Original article by Darren Davidson
The Australian – Page: 20 : 30-Mar-16

Credit ­Suisse media analyst Fraser McLeish says a proposed IPO for Foxtel would be more attractive to investors if the pay-TV group was merged with Fox Sports. McLeish estimates that a merged Foxtel-Fox Sports would boast an enterprise value of about $A8.5bn. Telstra and News Corp each own 50 per cent of Foxtel, and News Corp has full ownership of Fox Sports.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, DISCOVERY COMMUNICATIONS INCORPORATED, EUROSPORT

Ten in the picture as new WIN partner

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

WIN Corporation CEO Andrew Lancaster is believed to have held talks with executives from Ten Network regarding an affiliation agreement. The regional broadcaster had negotiated a six-month extension to its content supply deal with Nine Entertainment Company at the end of 2015. The timing of the 2016 federal election and the subsequent fate of proposed cross-media ownership reforms are likely to force regional TV networks to secure new affiliation deals.

CORPORATES
WIN CORPORATION PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL