Media, foreign leaders step up freedom push

Original article by Rosie Lewis, Jacquelin Magnay
The Australian – Page: 4 : 12-Jul-19

The ABC and News Corp Australia still do not know if any journalists will be prosecuted following the police raids in early June. ABC MD David Anderson says the public broadcaster has asked Home Affairs Minister Peter Dutton to intervene, although government sources say that he has no power to do so. The Australian Federal Police raids have attracted scrutiny at the Global Conference for Media Freedom, with human rights lawyer Amal Clooney and British Foreign Secretary Jeremy Hunt expressing concern about the implications of the raids for freedom of the press globally.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN FEDERAL POLICE, AUSTRALIA. DEPT OF HOME AFFAIRS, GREAT BRITAIN. FOREIGN OFFICE, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY

Media, security balance the goal

Original article by Rachel Baxendale
The Australian – Page: 4 : 10-Jul-19

Foreign Minister Marise Payne will use a speech on 10 July to stress the importance of freedom of speech and freedom of expression. However, she will tell the Global Conference for Media Freedom that the public’s right to know must be balanced against the need to protect Australia’s national interest. Payne’s speech in London comes in the wake of the recent police raids on the Sydney offices of the ABC and the home of a News Corp Australia journalist.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN FEDERAL POLICE, UNITED NATIONS. HUMAN RIGHTS COMMISSION

Waislitz chips in $30m for papers

Original article by John Stensholt
The Australian – Page: 21 : 9-Jul-19

Thorney Opportunities, the listed investment company of businessman Alex Waislitz, will finance 25 per cent of the deal to acquire the regional newspapers of Nine Entertainment Company. Waislitz’s private company, Thorney Investment Group, will also finance 25 per cent of the deal, while former Domain CEO Antony Catalano will contribute the balance. Waislitz and Catalano recently finalised the $115m deal to buy the regional assets from Nine.

CORPORATES
THORNEY OPPORTUNITIES LIMITED – ASX TOP, THORNEY INVESTMENT GROUP AUSTRALIA PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA

Monumental egos collide in a failed radio plot to get rid of Alan Jones

Original article by Leo Shanahan
The Australian – Page: 24 & 26 : 8-Jul-19

Veteran radio presenter Alan Jones has dominated Sydney’s breakfast slot for 15 years. However, a record defamation payout in September 2018 and several subsequent incidents involving Jones prompted 2GB owner Macquarie Media to look at replacing him with morning show host Ray Hadley. A number of factors were in Jones’s favour, including Nine Entertainment’s takeover of Fairfax and its controlling stake in Macquarie Media. Nine chairman Peter Costello wanted 2GB to retain Jones, while Nine was already struggling with the departure of Karl Stefanovic from ‘Today’. Jones also had the support of Macquarie Media chairman Russell Tate. Jones renewed his contract for another two years in May 2019.

CORPORATES
2GB, MACQUARIE MEDIA LIMITED – ASX MRN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED

Editorial, marketing cut put Bauer back in black

Original article by Lilly Vitorovich
The Australian – Page: 23 : 5-Jul-19

Magazine publisher Bauer Media Australia has posted a $6.3m net profit for 2018, following a net loss of $11.3m in 2017. Bauer Media’s revenue of $224.3m was 13.7 per cent lower than previously, and included $142.1m in revenue from magazine sales and revenue of $48.8m from advertising. Bauer’s 2018 financial report also shows that it paid $3.1m in tax for the year, compared with just $1.9m previously.

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

Media bosses in dark on charges

Original article by Rosie Lewis
The Australian – Page: 4 : 4-Jul-19

Attorney-General Christian Porter and Communications Minister Paul Fletcher held talks with media industry representatives on 3 July. The meeting failed to ease the media sector’s concerns about Australian Federal Police raids on the ABC’s Sydney office and the home of a News Corp Australia journalist in early June, and whether journalists will face prosecution as a result of the raids. Media executives have also expressed reservations about the government’s plans for the parliamentary joint committee on intelligence and security to hold an inquiry into press freedom.

CORPORATES
AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SPECIAL BROADCASTING SERVICE (SBS), FREE TV AUSTRALIA LIMITED, AUSTRALIA. PARLIAMENTARY JOINT COMMITTEE ON INTELLIGENCE AND SECURITY, AUSTRALIAN LABOR PARTY, CENTRE ALLIANCE

Press freedom probe backed

Original article by Rosie Lewis, Zoe Samios
The Australian – Page: 2 : 3-Jul-19

The parliamentary joint committee on intelligence and security will undertake an inquiry into the impact of police and intelligence agencies’ powers on freedom of the press. The inquiry was approved by federal cabinet on 2 July, and follows the recent police raids on the ABC’s offices and the home of a News Corp Australia journalist. Labor proposes to establish a separate inquiry into press freedom and the public’s right to know, while media companies advocate changes to laws affecting freedom of the press rather than a parliamentary inquiry.

CORPORATES
AUSTRALIA. PARLIAMENTARY JOINT COMMITTEE ON INTELLIGENCE AND SECURITY, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Digital giants must take rap for online comments

Original article by Hugh Marks
The Australian Financial Review – Page: 39 : 3-Jul-19

Australian media companies receive little or no revenue from making their content available via digital platforms such as Facebook and Google. However, a recent court ruling means local media companies can be held liable for defamatory comments that are posted on their Facebook pages. At the same time, Facebook’s terms of use do not allow media companies to turn off comments. The federal government needs to take action regarding the issue of control over media content on digital platforms; it must also clarify who is liable for defamatory comments that are posted on such platforms.

CORPORATES
FACEBOOK INCORPORATED, GOOGLE INCORPORATED, SUPREME COURT OF NEW SOUTH WALES, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Bauer dominates in four of Top 10 Magazine categories

Original article by Roy Morgan
Market Research Update – Page: Online : 2-Jul-19

Analysis of Roy Morgan’s readership results for the 12 months to March 2019 shows that Bauer Magazines is the most widely read magazine publisher in four of the Top 10 Magazine categories: Mass Women’s Magazines, Motoring Magazines, TV Magazines and Women’s Lifestyle Magazines. Bauer is a Top 3 publisher in a total of eight of the Top 10 categories, which also includes Food & Entertainment Magazines, Home & Garden Magazines, Health & Family Magazines and Women’s Fashion Magazines categories. Other publishers to perform well include Medium Rare (which is the most widely read publisher for Food & Entertainment Magazines and Business, Financial & Airline Magazines) and Pacific Magazines (which is the most widely read publisher for Home & Garden Magazines and Health & Family Magazines).

CORPORATES
ROY MORGAN LIMITED, BAUER MEDIA AUSTRALIA PTY LTD, MEDIUM RARE, PACIFIC MAGAZINES PTY LTD

Almost 14 million Australians have Subscription or Pay TV

Original article by Roy Morgan
Market Research Update – Page: Online : 2-Jul-19

New research from Roy Morgan shows that 13,975,000 Australians aged 14+ now have access to some form of Pay TV/Subscription TV or Subscription Video on Demand (SVOD), up 7.9% on a year ago. Nearly 11.5 million Australians now have a Netflix subscription in their household, up by 17.6% on a year ago, while Stan is now accessible by nearly 2.9 million Australians, up by 43.2% in the last 12 months. Other Pay TV/SVOD services to have grown quickly over the past year include Amazon Prime Video (+130.7%), YouTube Premium (+37%) and Fetch (+20.9%). Meanwhile, analysis using Roy Morgan’s Helix Personas consumer segmentation and data integration tool shows that Netflix has a strong appeal to Australians from all walks of life, while traditional Pay TV provider Foxtel is more popular with families than with other psychographic segmentations.

CORPORATES
ROY MORGAN LIMITED, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, AMAZON PRIME VIDEO, YOUTUBE PREMIUM, FETCHTV PTY LTD, KAYO SPORTS, FOXTEL MANAGEMENT PTY LTD