MASS MEDIA – AUSTRALIA

News key for tech titans: so pay up

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Original article by Leo Shanahan, David Swan
The Australian – Page: 2 : 20-May-20

The Australian Competition & Consumer Commission has released a ‘concepts paper’ on the proposed mandatory revenue-sharing code of conduct for digital companies. ACCC chairman Rod Sims says the revenue from placing advertisements adjacent to news stories is clearly a direct benefit for Google and Facebook. However, he adds that the indirect value of having news on their platform is a much bigger benefit for them. Sims says a number of payment models could be considered, noting that implementing a per-click model could be difficult.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

Jobs go as Ten closes 10 Daily website

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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

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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

News Corp regional strength is in Queensland whereas Australian Community Media is strongest in NSW/ACT

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Original article by Roy Morgan
Market Research Update – Page: Online : 18-May-20

The latest Roy Morgan readership results show that News Corp’s regional newspaper strength is based in Queensland while regional newspaper rival Australian Community Media is strongest in New South Wales and the ACT. The two companies control the publishing industry in regional and rural Australia. There has been talk recently that the two brands would come together under one banner; however, in recent days News Corp has decided against selling its regional titles. News Corp’s leading regional titles include the Gold Coast Bulletin with a four-week print readership of 215,000, The Hobart Mercury (read by 171,000), the Townsville Bulletin (read by 129,000), the Geelong Advertiser (read by 127,000), the Cairns Post (read by 115,000) and the Northern Territory News (read by 56,000). ACM’s leading titles include the Newcastle Herald with a four week print readership of 246,000, the Illawarra Mercury (read by 154,000), Canberra Times (read by 151,000), the Launceston Examiner (read by 102,000) and The Advocate in Tasmania (read by 61,000). The best performing regional newspaper over the past year has been ACM-owned The Examiner, based in the Tasmanian city of Launceston, which increased its weekday average issue print readership by 14.3 per cent to 32,000. Meanwhile, the total cross-platform audiences of Australia’s leading regional titles in the March quarter were led by the Canberra Times with a total cross-platform audience of 1,052,000 in an average four weeks, ahead of The Hobart Mercury on 429,000 and the Newcastle Herald on 380,000.

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

News Corp set to gain increased visibility with over 4.8 million Chemist Warehouse customers

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Original article by Roy Morgan
Market Research Update – Page: Online : 18-May-20

New research from Roy Morgan shows that 11.4 million Australians in NSW, Victoria, Queensland or South Australia either read one of the print editions of the local News Corp metropolitan daily newspapers or were customers of Chemist Warehouse during the March quarter. News Corp and Chemist Warehouse recently announced a trial to sell the media company’s four leading metro dailies at 100 Chemist Warehouse stores over the next few months. Analysing the two separately shows that 6.6 million Australians currently read one of the News Corp metropolitan dailies in print in an average four weeks and almost 7.2 million in NSW, Victoria, Queensland or South Australia shop at Chemist Warehouse in an average four weeks. Of the 11.4 million who either read print editions of the News Corp dailies or shop at Chemist Warehouse 4.82 million (42%) only shop at Chemist Warehouse. A further 21%, or 2.35 million, read one of the print editions of the News Corp metropolitan dailies and shop at Chemist Warehouse, while 4.23 million (37%) only read a print edition of one of the News Corp metropolitan dailies. The findings are from the Roy Morgan Single Source survey, derived from in-depth interviews with 50,000 Australians each year.

CORPORATES
ROY MORGAN LIMITED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, CHEMIST WAREHOUSE

Foxtel to Binge on seismic change

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Original article by Leo Shanahan
The Australian – Page: 19 : 18-May-20

Foxtel has yet to confirm speculation that its new entertainment-focused streaming service will be called Binge. Internally codenamed Project Ares, the new subscription video-on-demand service will debut on 25 May, featuring movies and full seasons of TV shows. It is expected to cost between $10 and $14 a month, while people who already use the Kayo Sports streaming service will be offered discounts and free trials. The new product is part of Foxtel’s shift in focus from traditional pay-TV to streaming services.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS

News says $600m from tech giants not enough

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

News Corp Australasia executive chairman Michael Miller agrees with Nine Entertainment chairman Peter Costello that Facebook and Google must pay for news content. However, Miller says the amount they should pay is probably much higher than the $600m a year that Costello has suggested; he notes that former senator Nick Xenophon has proposed that digital platforms pay $1bn a year. Miller adds that getting the digital platforms’ mandatory revenue-sharing code of conduct right is the first thing to do.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Cut-price footy: TV chiefs muscle up

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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 wants tech giants to pay $600m to media

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Original article by Max Mason, John Kehoe
The Australian Financial Review – Page: 13 & 18 : 14-May-20

The Australian Competition & Consumer Commission’s digital platforms inquiry concluded that Facebook and Google accounted for about $6bn of online advertising revenue in Australia in 2018. Nine Entertainment chairman Peter Costello says that based on this figure, Facebook and Google derive about 10 per cent of their annual revenue from news content. As a result, he believes that they should pay about $600m a year into a fund for Australian news publishers. Costello adds that other countries may adopt Australia’s policy of a mandatory revenue-sharing code of conduct if it proves to be effective.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Nine expects more from less after Jones

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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