Sims welcomes Facebook deals with two outlets

Original article by Miranda Ward
The Australian Financial Review – Page: 29 : 5-Jul-21

Facebook has secured a content deal with online news website Guardian Australia under the federal government’s news media bargaining code. Guardian Australia content will be featured on the Facebook News platform, which has yet to be launched. Country Press Australia has also secured a content deal with the social media giant. Australian Competition & Consumer Commission chairman Rod Sims says the majority of local media companies have now secured such deals, adding that they would not have been achieved without the media bargaining code.

CORPORATES
FACEBOOK INCORPORATED, FACEBOOK AUSTRALIA PTY LTD, THE GUARDIAN AUSTRALIA, COUNTRY PRESS AUSTRALIA INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Guardian expected to ink Facebook deal within days

Original article by Miranda Ward
The Australian Financial Review – Page: 29 : 7-Jun-21

Online news publisher Guardian Australia is poised to secure a revenue-sharing deal with Facebook under the news media bargaining code. Industry sources say the deal will be completed within days, and it is believed to involve supplying content for the Facebook News product, which has yet to be launched. Facebook has already secured content deals with a number of Australian media companies, including News Corp, Nine Entertainment and Australian Community Media. Guardian Australia signed a content deal with Google earlier in 2021.

CORPORATES
GUARDIAN AUSTRALIA, FACEBOOK AUSTRALIA PTY LTD, FACEBOOK INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN COMMUNITY MEDIA PTY LTD, GOOGLE AUSTRALIA PTY LTD, GOOGLE INCORPORATED

‘Completely excluded’: budget delivers $58.6m to media but ABC misses out

Original article by Amanda Meade
The Guardian Australia – Page: Online : 13-May-21

Former ABC bureaucrat Michael Ward has criticised the lack of funding for the public broadcaster in the federal government’s May 2021 Budget. He contends that the ABC is among the few media companies that are excluded from the $58.6m funding package. Amongst other things, SBS will receive a $30m funding boost, some $8m has been allocated to community broadcasting and the privately-owned AAP newswire service will receive $15m. The Australian Communications & Media Authority will receive an additional $4.2m to implement the news media bargaining code.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), AUSTRALIAN ASSOCIATED PRESS PTY LTD, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY

Foxtel can halve Australian drama production under new broadcasting bill

Original article by Amanda Meade
The Guardian Australia – Page: Online : 1-Apr-21

Screen Producers Australia CEO Matthew Deaner has questioned the federal government’s decision to slash Foxtel’s local drama quota in its new broadcasting bill. Foxtel is currently required to allocate 10 per cent of its drama budget to producing Australian content, but the bill will reduce this to five per cent. Greens senator Sarah Hanson-Young has accused the government of favouring its "Murdoch mates"; she has also criticised the bill for failing to impose local content quotas on streaming video providers such as Netflix.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, SCREEN PRODUCERS AUSTRALIA, AUSTRALIAN GREENS, NETFLIX INCORPORATED

Competition policy sealed tech giants deal

Original article by James Madden
The Australian – Page: 19 : 1-Mar-21

The federal government’s news media bargaining code has already prompted Google to secure commercial deals with some media companies. Facebook in turn has signed a letter of intent with Seven West Media and is negotiating with other news publishers. Communications Minister Paul Fletcher says there has been "significant overseas interest" in the approach the government took in treating the code as an issue of competition policy rather than copyright law. He adds that the code provided the leverage needed to ensure a level playing field between traditional media and digital platforms.

CORPORATES
GOOGLE INCORPORATED, GOOGLE AUSTRALIA PTY LTD, FACEBOOK INCORPORATED, FACEBOOK AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT AND COMMUNICATIONS

Big Tech to pay annual charge

Original article by Lilly Vitorovich
The Australian – Page: 4 : 17-Feb-21

The federal government has agreed to make a number of ‘technical’ changes to its media bargaining code. Amongst other things, digital platforms such as Google and Facebook will now pay news publishers an annual lump sum, rather than per click or snippet, while the requirements for them to give notice of changes to their algorithms will be simplified. Meanwhile, JPMorgan estimates that Seven West Media could gain up to $69.2m a year from its newly-struck content deal with Google. Other news publishers are also believed to be in talks with Google.

CORPORATES
GOOGLE INCORPORATED, GOOGLE AUSTRALIA PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, JP MORGAN AUSTRALIA LIMITED

Facebook, Google code ‘won’t breach trade pact’

Original article by John Kehoe, Miranda Ward
The Australian Financial Review – Page: 4 : 22-Jan-21

There have been claims that proposed laws that would see Google and Facebook pay publishers for their journalism would breach the Australia-US Free Trade Agreement. However, federal government ministers are confident that this is not the case, having received legal and international trade advice on the matter, while Nine Entertainment CEO Hugh Marks stated recently that there is "clearly no breach of the free trade agreement". Executives from news publishers, the big digital platforms and the Australian Competition & Consumer Commission will appear before a Senate hearing on 22 January to be questioned about the proposed news media and digital platforms mandatory bargaining code.

CORPORATES
GOOGLE AUSTRALIA PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FACEBOOK AUSTRALIA PTY LTD

Nine opposes concession to tech giants

Original article by Max Mason, Natasha Gillezeau, John Kehoe
The Australian Financial Review – Page: 1 & 8 : 9-Dec-20

Treasurer Josh Frydenberg says the federal government’s mandatory news media bargaining code for digital platforms is a "world-first". He has dismissed suggestions that the government has made too many concessions in the final version of the code to gain the support of digital giants such as Google and Facebook. These include adding a ‘two-way value exchange’ clause which reflect the benefits that news publishers receive from having digital platforms direct users to their content. A Nine Entertainment spokesman says this will merely entrench both the monopoly powers of digital companies and the unfair imbalance in media regulation.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Quotas plan for survival of broadcasters

Original article by Richard Ferguson, Geoff Chambers
The Australian – Page: 8 : 27-Nov-20

The federal government will release a green paper on media industry reform on 27 November. Amongst other things, the reforms would introduce local content quotas for subscription video-on-demand providers, as well as the ABC and SBS. TV networks would also be offered a new broadcasting licence that has less regulation, in return for surrendering some of their frequency spectrum. This spectrum would then be auctioned, with the proceeds used for two new funds that will help to finance locally-produced news and drama content.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT AND COMMUNICATIONS

News firms in stand for fairer future

Original article by James Madden
The Australian – Page: 19 : 23-Nov-20

Some of Australia’s top media industry executives have jointly signed an ‘open letter’ to the federal government expressing support for its proposed media bargaining code. The letter also outlines the features that must be included in the code to ensure a level playing field between traditional media companies and digital platforms such as Facebook and Google. Seven West Media CEO James Warburton, News Corp Australia executive chairman Michael Miller and Free TV CEO Bridget Fair are amongst those who signed the letter, which will be published in all major metropolitan newspapers on 23 November.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FREE TV AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FACEBOOK INCORPORATED, GOOGLE INCORPORATED