MASS MEDIA – AUSTRALIA

Netflix made millions, paid just 0.06pc tax

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Original article by Max Mason
The Australian Financial Review – Page: 3 : 28-Oct-19

Subscription video-on-demand giant Netflix has revealed that its Australian arm paid a total of $341,793 in tax during calendar 2018, compared with $175,516 in 2017. However, its revenue from local subscribers is estimated to have been between $600m and $1bn in 2018. Netflix’s customers in Australia are billed by Amsterdam-based Netflix International BV, which paid Netflix Australia a $12.1m service fee in 2018; this comprises all the company’s locally recognised revenue

CORPORATES
NETFLIX INCORPORATED

Seven keen to tackle NRL rights

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Original article by Leo Shanahan
The Australian – Page: 23 : 28-Oct-19

Seven West Media has expressed interest in bidding for the National Rugby League’s broadcasting rights when the Nine Network’s current deal expires in 2022. CEO James Warburton adds that Seven may look at gaining the State of Origin broadcasting rights if it cannot secure the full NRL rights. The proposed move on NRL rights is believed to be aimed at boosting Seven’s audience share in Sydney and Brisbane, where its average audience for Australian Football League matches is much lower than Nine’s NRL coverage.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, NATIONAL RUGBY LEAGUE, AUSTRALIAN FOOTBALL LEAGUE, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, OZTAM PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS

Attorney-General hits out at press campaign

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Original article by Joe Kelly
The Australian – Page: 2 : 25-Oct-19

Attorney-General Christian Porter has rejected suggestions that journalists should receive a blanket exemption from national security and criminal laws. Responding to the Right to Know campaign, Porter argued that allowing the media industry to contest the issuance of a warrant against a journalist could potentially stop the police from preventing a serious crime. He conceded that there is scope for changes in some areas, such as Freedom of Information laws.

CORPORATES
AUSTRALIA. ATTORNEY-GENERAL’S DEPT, WIKILEAKS

Seven set to bring back Big Brother

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Original article by Max Mason
The Australian Financial Review – Page: 19 : 24-Oct-19

The Seven Network will seek to boost its prime-time ratings in 2020 by reviving reality-TV shows ‘Big Brother’ and ‘Farmer Wants a Wife’, which previously aired on rival networks. Other new shows that were unveiled at Seven West Media’s annual upfronts include dramas ‘RFDS’ and ‘Between Two Worlds’, and a new cooking show that will be co-hosted by former ‘MasterChef’ judges Matt Preston and Gary Mehigan. CEO James Warburton says ‘Big Brother’ will immediately change the network’s audience demographic.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, PACIFIC MAGAZINES PTY LTD, BAUER MEDIA AUSTRALIA PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL

Labor draws link to press freedom fight

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Original article by Andrew Tillett
The Australian Financial Review – Page: 4 : 23-Oct-19

The issue of press freedom continued to attract scrutiny in federal parliament on 22 October, with Prime Minister Scott Morrison stating that people should only be prosecuted if they have broken the law. It followed his previous statement that journalists should not be prosecuted on the whim of a politician. Meanwhile, Labor leader Anthony Albanese has sought to link the government’s refusal to answer questions about Senate estimates hearings to the media industry’s Right to Know campaign.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, RIGHT TO KNOW COALITION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Content on ice as ABC still frozen

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Original article by Lilly Vitorovich
The Australian – Page: 2 : 23-Oct-19

The ABC’s MD David Anderson has told a Senate estimates committee hearing that the public broadcaster will have to find annual cost savings of about $40m from fiscal 2022 due to its funding freeze. He added that the cost of producing quality Australian content is rising, while the ABC is facing growing competition for audiences from international streaming video providers. Anderson also said a controversial documentary about One Nation was reviewed by editorial managers and lawyers before it was broadcast by the ABC in March.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, ONE NATION PARTY, AL JAZEERA, NETFLIX INCORPORATED, WALT DISNEY COMPANY

Seven West deal tests media diversity

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Original article by Zoe Samios
The Australian – Page: 22 : 23-Oct-19

Seven West Media’s proposed acquisition of regional affiliate Prime Media Group will attract scrutiny by the Australian Communications & Media Authority. ACMA chair Nerida O’Loughlin says the deal will be assessed in terms of whether it will reduce the number of media ‘voices’ in the Western Australian market and the application of the ‘two-to-a-market rule’. Seven West Media also publishes newspapers in Perth and regional areas.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, PRIME MEDIA GROUP LIMITED – ASX PRT, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, REDWAVE MEDIA LIMITED, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL

Chilling effect on the news

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Original article by Max Mason
The Australian Financial Review – Page: 36 & 37 : 22-Oct-19

The Right to Know coalition is seeking to combat what it contends is the increased suppression of press freedom in Australia. Members of the group include Seven West Media, News Corp Australia, Nine Entertainment, the Media Entertainment & Arts Alliance and the ABC. The group believes that there are six key areas where reform is needed, including protections for whistleblowers, changes to the definition of what information should be regarded as secret and changes to defamation laws.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, AUSTRALIAN BROADCASTING CORPORATION

PM tested on secrecy laws

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Original article by Rosie Lewis, Olivia Caisley
The Australian – Page: 1 & 5 : 22-Oct-19

The issue of press freedom came under scrutiny in federal parliament on 21 October. Prime Minister Scott Morrison stated that any decision to prosecute a journalist should be based on the rule of law rather than the "whim of politicians". Law Council of Australia president Arthur Moses has responded by calling for Attorney-General Christian Porter to withdraw a recently-issued directive to the Commonwealth Director of Public Prosecutions regarding the prosecution of journalists for alleged breaches of four statutes.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LAW COUNCIL OF AUSTRALIA, AUSTRALIAN LABOR PARTY, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIA. DIRECTOR OF PUBLIC PROSECUTIONS

Why bitter magazine rivals Bauer, Pacific are poised to unite

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Original article by Zoe Samios
The Australian – Page: 17 & 20 : 21-Oct-19

There is general agreement within the media industry that the proposed sale of Pacific Magazines to Bauer Media Australia is necessary for the two businesses to be sustainable. Both publishers have been hard hit by the decline in advertising revenue and circulation over the last 10 years. Magazines now account for just one per cent of the industry’s advertising revenue, compared with seven per cent in 2009. Meanwhile, Bauer’s revenue fell 13.7 per cent to $224.3m in 2018, while Pacific Magazines’ revenue fell 7.2 per cent to $129.4m in 2018-19. Sources have suggested that a deal could be struck within days.

CORPORATES
BAUER MEDIA AUSTRALIA PTY LTD, PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM