ACCC to investigate advertising secrets of Google and Facebook

Original article by Darren Davidson
The Australian – Page: 17 & 28 : 5-Dec-17

Australian Competition & Consumer Commission chairman Rod Sims is confident that it has sufficient powers to investigate the market power of digital platforms such as Google and Facebook. He says the ACCC’s inquiry into the impact of digital platforms on competition in media and advertising markets is likely to take around 18 months, with the Federal Government to receive a preliminary report on its findings within 12 months. Sims adds that the ACCC will seek input from all parties affected by the growing market dominance of digital players.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, WPP PLC, GROUPM COMMUNICATIONS PTY LTD

Google, Facebook face ACCC inquiry

Original article by Darren Davidson
The Australian – Page: 24 & 26 : 4-Dec-17

The Australian Competition & Consumer Commission will hold an inquiry into the impact of digital platforms such as Google and Facebook on competition in the media and advertising sectors. The inquiry has been ordered by the Federal Government as part of its deal with former senator Nick Xenophon regarding media reforms. The inquiry’s terms of reference include examining digital platforms’ market power and their impact on the level of choice and quality of news and journalistic content. The ACCC’s final report is slated to be completed within 18 months.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NICK XENOPHON TEAM, AUSTRALIA. DEPT OF THE TREASURY, NEWS CORPORATION – ASX NWS, BUZZFEED INCORPORATED, MASHABLE INCORPORATED, ZIFF-DAVIS INTERNATIONAL MEDIA GROUP

Nine won’t rush into mergers, Costello declares

Original article by Darren Davidson
The Australian – Page: 18 : 14-Nov-17

Nine Entertainment Company has advised that its EBITDA for 2017-18 will be at the higher end of its newly revised range of $A204m to $A230m. It had previously flagged full-year EBITDA of between $A186m and $A207m. Meanwhile, chairman Peter Costello says the Federal Government’s cross-media ownership reforms may not lead to significant consolidation in the sector, as technology has reduced the impact of the reforms. He adds that the Nine Network’s strong ratings performance shows that the company can prosper on its own.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, TEN NETWORK HOLDINGS LIMITED – ASX TEN, CBS CORPORATION, STAN ENTERTAINMENT PTY LTD, CRICKET AUSTRALIA

Optus hails EPL growth, sweats on Socceroos

Original article by Paul Smith
The Australian Financial Review – Page: 31 : 13-Nov-17

Optus CEO Allen Lew has downplayed suggestions that it may allow customers of rival telcos to subscribe to its exclusive coverage of the 2018 FIFA World Cup in Russia. Lew says Optus is not yet ready to announce details of its World Cup packages. Optus will be hoping that the Socceroos win their upcoming qualifying match against Honduras, although Lew notes that the World Cup will be popular with many dual nationals in Australia. Soccer is a key element of the Optus Sport service.

CORPORATES
SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED, FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, SOCCEROOS, ENGLISH PREMIER LEAGUE, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOX SPORTS AUSTRALIA PTY LTD

ABC set to unveil massive shake-up

Original article by Stephen Brook
The Australian – Page: 23 & 25 : 13-Nov-17

The ABC is poised to abolish its traditional TV and radio content divisions in favour of a cross-platform approach. The public broadcaster is expected to retain its existing news and regional content divisions and create a new one which will produce content in a range of genres. The restructuring is not expected to result in any job losses, although changes to the ABC’s management structure is likely. The ABC recently overhauled its news division, while its science unit was restructured in 2016.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SCREEN PRODUCERS ASSOCIATION OF AUSTRALIA

Over 3 in 4 Australians are consuming magazines across print and online

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Nov-17

Roy Morgan Research has released the Australian Magazine Readership report for the 12 months to September 2017. A total of 12,577,000 Australians aged 14+ (62.9 per cent) read print magazines, up 2,000 from a year ago. The audience reach of magazines is extended to 15,005,000 Australians aged 14+ (77.8 per cent) when you include magazine reading online (either via the web or an app). The withdrawal of major publishers from audited circulation results for magazines in 2016 means Roy Morgan’s readership results are the only truly independent measure of magazine performance now available. "Coles Magazine" remains the most widely-read print magazine, with an average readership of 3,975,000 per issue (up 8.3 per cent). Meanwhile, nine of Australia’s 10 leading magazines ranked by cross-platform audiences retain a significantly larger readership via their print editions than their digital offerings – a clear contrast to their print newspaper cousins.

CORPORATES
ROY MORGAN RESEARCH LIMITED, BAUER MEDIA AUSTRALIA PTY LTD

Ten execs hope raunchy show will pack a punch

Original article by Aaron Patrick
The Australian Financial Review – Page: 16 : 10-Nov-17

The Ten Network showcased its 2018 program line-up at its "upfronts" on 9 November. Ten announced that it will launch a local version of dating show "Bachelor in Paradise", while Julia Morris will host "Blind Date". Ten will also launch a website that will feature short-form content such as news and sports videos aimed at mobile phone users. Ten’s chief content officer Beverley McGarvey says the network will focus on "brand-safe, family friendly" programming.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, CBS CORPORATION, 21ST CENTURY FOX INCORPORATED, NINE NETWORK AUSTRALIA LIMITED

Over 15.5 million Australians read newspapers in some form

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Nov-17

Roy Morgan Research has released the latest readership report for Australian newspapers for the 12 months to September 2017. Some 15,568,000 Australians aged 14+ (77.8 per cent) now read or access newspapers in an average 7-day period either in print, or online via website or app. This is down 1.7 per cent from a year ago. Cross-platform audiences have increased for three out of the top five leading mastheads in Australia, and analysing the print and digital modes of readership shows that over the past 12 months five of Australia’s leading mastheads have increased their digital audience and two have increased their print readership. "The Sydney Morning Herald" is still the most widely-read masthead, with a cross-platform audience of 4,040,000, down 3.5 per cent from a year ago.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Fairfax shareholders back Domain spin-off

Original article by Max Mason
The Australian Financial Review – Page: 17 : 9-Nov-17

Some 99.89 per cent of votes cast at a scheme meeting of Fairfax Media shareholders were in favour of the proposal to demerge Domain and list it on the sharemarket. Domain CEO Antony Catalano says it is right time to float the property listings business, adding that he is fully prepared for his new role as the head of a listed company. Fairfax will retain a 60 per cent stake in Domain, with the balance of the stock to be distributed to the media group’s existing shareholders.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, MARTIN CURRIE INVESTMENT MANAGEMENT LIMITED

Foxtel pulls new service out of box

Original article by Darren Davidson
The Australian – Page: 20 : 9-Nov-17

Pay-TV group Foxtel has officially launched its new streaming "puck" device. The Foxtel Now puck will be available to purchase from 10 November and provides streaming access to Foxtel’s pay-TV service as well as free-to-air channels. Users can also install apps to access rival streaming services such as Stan. Foxtel CEO Peter Tonagh says the Foxtel Now puck is aimed at younger customers than its traditional cable and satellite TV service.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FOXTEL NOW, STAN ENTERTAINMENT PTY LTD, YOUTUBE INCORPORATED, NETFLIX INCORPORATED, FOX SPORTS AUSTRALIA PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS