Hard-hitting, trusted news still sells, in digital and in print

Original article by Chris Mitchell
The Australian – Page: 25 & 26 : 14-May-18

Traditional news providers have allowed Facebook to "cherry pick" their content to provide news feeds that have the potential to undermine their business. News publishers have also allowed themselves to be blinded by technology, and have forgotten what good journalism is meant to be about, namely the provision of news and stories that matter to the general public. The Australian Competi­tion & Consumer Commission’s inquiry into digital platforms gives traditional publishers the opportunity to "fight back". The inquiry has shown that digital platforms should pay for the content they use from traditional news sources, and that they should be viewed as publishers, and therefore subject to the same laws as traditional publishers.

CORPORATES
FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, AMAZON.COM INCORPORATED, APPLE INCORPORATED, NETFLIX INCORPORATED, YOUTUBE INCORPORATED, FAIRFAX MEDIA LIMITED – ASX FXJ, NEWS CORPORATION – ASX NWS

Telstra kicks another goal with FFA rights

Original article by Dana McCauley
The Australian – Page: 21 : 11-May-18

Telstra will have exclusive mobile streaming rights to local soccer matches under a five-year deal with Football Federation Australia. Telstra’s mobile customers will be able to watch FFA matches without incurring any data usage fees via the My Football Live app. The app will feature targeted advertising, but Telstra’s head of marketing Joe Pollard says sponsorships will be the primary source of revenue from the app.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, FOOTBALL FEDERATION AUSTRALIA LIMITED, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE, SEVEN WEST MEDIA LIMITED – ASX SWM, TWITTER INCORPORATED, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE

It’s official: Newspaper masthead readership is up 3.2% to over 16 million!

Original article by Roy Morgan
Market Research Update – Page: Online : 11-May-18

Roy Morgan has released the latest readership report for Australian newspapers for the 12 months to March 2018. Some 16.1 million Australians aged 14+ (almost 80%) now read or access newspapers in an average 7-day period either in print or online via website or app, an increase of 3.2 per cent from a year ago. Cross-platform audiences have increased for four out of Australia’s top five leading mastheads. "The Sydney Morning Herald" is still the most widely-read masthead, with a cross-platform audience of 4,269,000, up 0.6 per cent from a year ago. Meanwhile, "Good Weekend" remains Australia’s most widely-read newspaper inserted magazine, with print readership of 1,167,000 (down 10.2 per cent).

CORPORATES
ROY MORGAN LIMITED

Over 15 million Australians read magazines across print and online

Original article by Roy Morgan
Market Research Update – Page: Online : 11-May-18

Roy Morgan has released the Australian Magazine Readership report for the 12 months to March 2018. A total of 15,007,000 Australians aged 14+ (74.3 per cent) read magazines either in print or online via the web or an app, down 0.3 per cent from a year ago. Readership of print magazines was just under 12.6 million (62.3 per cent), virtually unchanged from a year ago. The free "Coles Magazine" remains the most widely-read print magazine, with an average readership of 4,367,000 per issue (up 15.4 per cent), while "Better Homes & Gardens", "Women’s Weekly" and "Woman’s Day" remain the top three most widely-read paid magazines. Meanwhile, seven of Australia’s 10 leading magazines ranked by cross-platform audiences retain a significantly larger readership via their print editions than their digital platforms. As more magazine publishers expand their online offerings this is slowly changing, although magazines remain significantly more reliant on print editions than their online engagement.

CORPORATES
ROY MORGAN LIMITED

ABC determined to fight $84m funding cut

Original article by Max Mason
The Australian Financial Review – Page: 8 : 10-May-18

ABC MD Michelle Guthrie has told the public broadcaster’s staff that a funding freeze in the May 2018 Budget will affect its ability to comply with the requirements of its charter. The ABCs budget will be unchanged at $A3.16bn over the three years from July 2019, effectively reducing its funding by $A83.7m over this period. Guthrie says the ABC’s management will "seek every opportunity" to have the funding cuts scrapped before they take effect. Funding for SBS will be increased by $A14.6m over two years.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), AUSTRALIA. DEPT OF THE TREASURY, FOXTEL MANAGEMENT PTY LTD, NEWS CORPORATION – ASX NWS

ABC to feel the pinch with funding freeze

Original article by Michael Koziol
The Sydney Morning Herald – Page: 6 : 9-May-18

The May 2018 Budget includes a freeze on the ABC’s funding until 2022, amounting to savings of $A83.7 million. Despite the freeze, the public broadcaster will still receive funding of over $A1 billion a year. Some $A50 million of the $A83.7 million saved as a result of the funding freeze will be spent over four years on the commemoration of the 250th anniversary of the landing of Captain James Cook. Unlike the ABC, SBS will not have its funding frozen.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), AUSTRALIA. DEPT OF THE TREASURY, FAIRFAX MEDIA LIMITED – ASX FXJ, NEWS CORPORATION – ASX NWS

Fairfax slapped for Domain ad

Original article by Darren Davidson
The Australian – Page: 19 : 8-May-18

Fairfax Media has been fined $A15,000 for running an advertisement in February 2016 that made false claims about its Domain real estate listings business. The advertisement was run one day after Fairfax had agreed in court that it would not place adverts that made false claims, following legal action taken by realestate.com.au owner REA Group. Fairfax was found to be in contempt of court.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, NEWS CORPORATION – ASX NWS, FEDERAL COURT OF AUSTRALIA, HOMETRACK DATA SYSTEMS LIMITED

Break-up an option for HT&E

Original article by Max Mason
The Australian Financial Review – Page: 16 : 8-May-18

Broadcast media and outdoor advertising group HT&E has appointed CLSA and Credit Suisse to review its business as part of its strategy to increase shareholder value. Chairman Peter Cosgrove has told the company’s AGM that its board will consider all options, including selling some assets or the entire company. HT&E recently rejected an approach from rival oOh!media to acquire its Adshel business. HT&E shares closed 0.9 per cent higher at $A2.28 on 7 May.

CORPORATES
HT&E LIMITED – ASX HT1, CLSA AUSTRALIA PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, ADSHEL PTY LTD, OOH!MEDIA LIMITED – ASX OML, APN OUTDOOR GROUP LIMITED – ASX APO, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN RADIO NETWORK PTY LTD, KIIS 101.1, KIIS1065, MEDIACAP, CITY OF BRISBANE, YARRA TRAMS, JC DECAUX AUSTRALIA PTY LTD

Twitter, SBS sign World Cup deal

Original article by Max Mason
The Australian Financial Review – Page: 16 : 8-May-18

Public broadcaster SBS has secured a deal for social media giant Twitter to stream its coverage of soccer’s 2018 World Cup. In addition to a highlights package, Twitter Australia will stream a daily show to be called #WorldGameLive during the World Cup in Russia. The deal includes a revenue-sharing arrangement, and Twitter Australia MD Suzy Nicoletti notes that video streaming now accounts for more than 50 per cent of Twitter’s global advertising revenue.

CORPORATES
SPECIAL BROADCASTING SERVICE (SBS), TWITTER AUSTRALIA HOLDINGS PTY LTD, TWITTER INCORPORATED, WORLD CUP, FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, BUZZFEED PTY LTD

Netflix under pressure over local content

Original article by Dana McCauley
The Australian – Page: 24 : 7-May-18

Video streaming service Netflix is resisting attempts to subject it to local content quotas in Australia. Research conducted by RMIT indicates that just 2.5 per cent of Netflix’s Australian library is locally made. Screen Producers Australia CEO Matt Deaner says it is odd that Netflix’s US catalogue contains more Australian content than its Australian catalogue. He says that local content accounts for around nine per cent of what is shown on Stan, while also noting that Europe has local content quotas for streaming services.

CORPORATES
NETFLIX INCORPORATED, RMIT UNIVERSITY, SCREEN PRODUCERS AUSTRALIA, STAN ENTERTAINMENT PTY LTD, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FOXTEL MANAGEMENT PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, FACEBOOK INCORPORATED, GOOGLE INCORPORATED