Worst in 30 years: What Hottest 100 says about the state of Aussie music

Original article by Thomas Mitchell
The Age – Page: Online : 29-Jan-25

The ABC’s youth-focused radio station Triple J is under scrutiny after its annual Hottest 100 countdown featured just 29 Australian artists; this compares with 52 last year. The head of Triple J, Lachlan Macara, says Australian music discoverability is an issue, which has been exacerbated by the growing use of streaming music platforms. Local artists account for just 9.2 per cent of songs that are streamed in Australia, and Tim Kelly from the University of Technology Sydney notes that streaming platforms’ playlists are determined by algorithms rather than radio station programmers.

CORPORATES
TRIPLE J PTY LTD, AUSTRALIAN BROADCASTING CORPORATION, UNIVERSITY OF TECHNOLOGY, SYDNEY

Australians who get most of their news from social media more likely to believe in climate conspiracy, study finds

Original article by Amanda Meade
The Guardian Australia – Page: Online : 29-Jan-25

Research undertaken by Monash University has found that people who use social media as their main source of news score lower on a measure of ‘civic values’ than those who rely on newspapers and non-commercial media for news and current affairs. The researchers also found that 25 per cent of respondents who primarily use social media for news content believe that climate change is a conspiracy. This compares with 37 per cent of those who use commercial TV and radio as their main source of news. In contrast, just six per cent of people who largely source their news content from public TV networks the ABC and SBS consider climate change to be a conspiracy.

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MONASH UNIVERSITY, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS)

Former Foxtel chief executive Tonagh to join Nine board

Original article by Kylar Loussikian
The Australian Financial Review – Page: 13 : 15-Jan-25

Nine Entertainment’s chair Catherine West says media industry veteran Peter Tonagh will be a valuable addition to the group’s board. Tonagh was previously the deputy chairman of the ABC; he is also a former CEO of both News Corp Australia and pay-TV company Foxtel. Nine is also believed to have recruited another former Foxtel executive, Amanda Laing; she is said to be set to be given oversight of Nine’s broadcast operations. Nine’s shares fell by nearly 40 per cent in 2024, although the stock has gained about four per cent so far in 2025.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWS CORP AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD

Nine shoots higher as investors talk break-up

Original article by Valerina Changarathil
The Australian – Page: 18 : 8-Jan-25

Nine Entertainment Company’s shares fell by 39 per cent in calendar 2024; however, the stock rose 5.6 per cent t to $1.32 on Tuesday, amid speculation that the diversified media group could be broken up. The recent emergence of Tanarra Capital on Nine’s share register has boosted such speculation; Tanarra is headed by John Wylie, who has successfully advocated for changes at companies such as Lendlease.

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NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TANARRA CAPITAL PTY LTD

Ex-Nine CEO moving into the ABC hot seat

Original article by James Madden
The Australian – Page: 1 & 2 : 18-Dec-24

The ABC has advised that Nine Entertainment’s former CEO Hugh Marks will succeed David Anderson as the public broadcaster’s managing director. The appointment of Marks follows an extensive domestic and international search for Anderson’s replacement, after he resigned in March after just one year of his second five-year contract. The ABC’s chairman has praised Marks, saying he is the the right person to lead the public broadcaster as it pursues renewal and investment. Marks says the ABC needs to broaden its audience reach; he will take up the role in March.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

ABC to get extra $126m funding after election

Original article by Ronald Mizen
The Australian Financial Review – Page: 4 : 17-Dec-24

The federal government will boost funding for the ABC in its Mid-Year Economic and Fiscal Outlook statement. Communications Minister Michelle Rowland has advised that the public broadcaster will receive an additional $40.9m in 2026-27, $42.2m in the following financial year and $43m in 2028-29. Rowland has also indicated that the government will legislate five-year funding agreements for the ABC. The former Coalition government had significantly reduced the ABC’s funding.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS

ABC to get extra $126m funding after election

Original article by Ronald Mizen
The Australian Financial Review – Page: 4 : 17-Dec-24

The federal government will boost funding for the ABC in its Mid-Year Economic and Fiscal Outlook statement. Communications Minister Michelle Rowland has advised that the public broadcaster will receive an additional $40.9m in 2026-27, $42.2m in the following financial year and $43m in 2028-29. Rowland has also indicated that the government will legislate five-year funding agreements for the ABC. The former Coalition government had significantly reduced the ABC’s funding.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS

Nine mulls future of talkback amid exits and cuts

Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 21 : 9-Dec-24

Nine Entertainment’s radio division posted revenue of $103m in 2023, compared with $131.8m in 2019. Nine Radio contributes less than four per cent of the listed media group’s overall revenue, and 1.6 per cent of group EBITDA. Nine’s flagship radio stations are focused on talkback, which is competing with podcasts and streaming music platforms for audiences. Nine Radio director Tom Malone is confident about the future of the group’s radio arm. However, further on-air changes at Nine’s radio stations are possible following an overhaul at 6PR in Perth, where a recent ‘reset’ resulted in several presenters being axed and the breakfast show being extended by an hour.

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NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE RADIO PTY LTD, 6PR SOUTHERN CROSS RADIO PTY LTD

Australia Post, ABC, Aussie Broadband, CSIRO and Red Cross win most trusted services and communications brands in 2024

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Dec-24

Roy Morgan has presented the annual Roy Morgan Trusted Brand Awards for services companies and communications brands. Over 200 brands were in the running for these awards, across the five categories of Services, Charities, Government Services, Media and Telecommunications. Aussie Broadband has been named Australia’s ‘Most Trusted Brand in Telecommunications’ for a third consecutive year, ahead of Amaysim and TPG. Red Cross has won the ‘Most Trusted Brand in Charities’ Award for the first time, ahead of the RSPCA and The Salvation Army. The ‘Most Trusted Brand in Services’ award has been won by Australia Post, one of the few brands that touches nearly all Australians on a frequent basis. The ABC has in turn been named the ‘Most Trusted Media Brand’, having led this category since the inception of the survey six years ago, while the CSIRO is the winner of the ‘Most Trusted Brand in Government Services’ for 2024.

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ROY MORGAN LIMITED, AUSSIE BROADBAND LIMITED – ASX ABB, RED CROSS SOCIETY OF AUSTRALIA, AUSTRALIA POST, AUSTRALIAN BROADCASTING CORPORATION, CSIRO

Broadcasters go all in on reality shows

Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 12 & 17 : 3-Dec-24

The Nine Network’s head of programming Hamish Turner notes that the death of reality television had been forecast two decades ago. However, the format remains as popular as ever, and research from Ampere Analysis has found that unscripted shows now account for 75 per cent of all TV programs that are commissioned worldwide. Unscripted shows also comprise four out of every five TV shows that are commissioned in Australia. Local free-to-air networks will rely heavily on reality TV again in 2025; the Ten Network will broadcast the latest iteration of ‘Big Brother’, more than 20 years after launching the format in Australia.

CORPORATES
NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED, AMPERE ANALYSIS