MPs fall in line on media reforms

Original article by David Crowe
The Australian – Page: 4 : 1-Mar-16

The Australian Government’s bill to change cross-media ownership laws is expected to be submitted to Parliament on 1 March 2016, if the reforms are endorsed by the Coalition’s party room. The reforms have already been approved by the Coalition’s backbench communications committee. The Opposition supports abolition of the "reach rule", although it may seek to block scrapping the "two-out-three rule" in the Senate. The reforms are likely to prompt consolidation among Australian TV broadcasters.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, LIBERAL DEMOCRATIC PARTY, PALMER UNITED PARTY, FAMILY FIRST PARTY AUSTRALIA LIMITED, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, WIN CORPORATION PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Fifield allays fears over media diversity

Original article by Dominic White
The Australian Financial Review – Page: 30 : 29-Feb-16

The Coalition’s party room will be asked to endorse proposed changes to cross-media ownership laws on 1 March 2016, after the reforms were approved by Cabinet. Meanwhile, Communications Minister Mitch Fifield has downplayed the Opposition’s concerns that the reforms could increase News Corp Australia’s market power in the local media sector. He has also ruled out merging the ABC and SBS, and says TV broadcasting licence fees are being reviewed as part of the Budget process.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), WIN CORPORATION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD, LIBERAL PARTY OF AUSTRALIA

Media reform an all-or-nothing proposition, as Fifield resists carve-out

Original article by David Crowe
The Australian – Page: 2 : 25-Feb-16

Federal Communications Minister Mitch Fifield has ruled out separate media reform bills to abolish the "reach rule" and the "two-out-of-three rule". He insists that both reforms must be presented to Parliament in a single bill. The Australian Labor Party supports scrapping the reach rule, while regional TV broadcasters want it to be abolished quickly so they can consider mergers with metropolitan networks. However, Labor wants a Senate inquiry into scrapping the two-out-of-three rule.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, NATIONAL PARTY OF AUSTRALIA, FAMILY FIRST PARTY AUSTRALIA LIMITED

New media reform brawl brews

Original article by Darren Davidson, Jake Mitchell
The Australian – Page: 2 : 24-Feb-16

Regional TV broadcasters have welcomed the Federal Government’s proposed changes to cross-media ownership laws, particular new local content requirements. Both the "reach rule" and the "two-out-of-three rule" will be abolished if the reforms proceed. However, News Corp Australia’s executive chairman Michael Miller says the reforms should be more extensive, and should include the anti-siphoning list for sports broadcasts. Seven Group CEO Ryan Stokes agrees that the reforms are too limited.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED, NINE NETWORK AUSTRALIA LIMITED, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, WIN CORPORATION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, FOXTEL MANAGEMENT PTY LTD, NATIONAL PARTY OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, APN NEWS AND MEDIA LIMITED – ASX APN, KIIS1065, PURE GOLD

Ownership laws set to face cabinet test

Original article by Jake Mitchell, Darren Davidson
The Australian – Page: 23 : 22-Feb-16

Communications Minister Mitch Fifield is expected to present proposed cross-media ownership reforms to Cabinet on 22 February 2016, with legislation likely to be tabled in Parliament in mid-March. The reforms are likely to include the abolition of the "reach rule" and the "two-out-of-three" rule, although there may be no changes to the anti-siphoning list for sports broadcasts. The reforms are also likely to include measures to ensure that regional broadcasters continue to provide local content in the event of mergers in the sector.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, YOUTUBE INCORPORATED, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, STAN ENTERTAINMENT PTY LTD, NATIONAL PARTY OF AUSTRALIA

It’s all about a cut in licence fees: Worner

Original article by Jake Mitchell
The Australian – Page: 19 : 18-Feb-16

Seven West Media has posted a 2015-16 interim net profit of $A135.2m, compared with a loss of $A993.6m previously. Underlying net profit rose by 2.1 per cent to $A140.3m, but revenue eased 4.1 per cent to $A896.7m. The TV division’s EBIT rose by two per cent to $A185.4m and revenue fell by 2.1 per cent to $A662.9m, while the newspaper division’s earnings fell 22 per cent to $A24m. CEO Tim Worner says reducing TV broadcasting licence fees should be the highest priority on the Federal Government’s media reform agenda.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, PACIFIC MAGAZINES PTY LTD, MACQUARIE SECURITIES PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, WIN CORPORATION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, TOTALIZATOR AGENCY BOARD (WESTERN AUSTRALIA), RACING VICTORIA LIMITED

Liberals warn Nats could derail media changes

Original article by Dominic White
The Australian Financial Review – Page: 3 : 17-Feb-16

Communications Minister Mitch Fifield hopes to introduce legislation to abolish the "reach rule" and the "two-out-of-three rule" by mid-2016. However, there are concerns that the cross-media ownership reform agenda may be threatened by the National Party’s stance on local content requirements for regional TV broadcasters. Liberal Senator Dean Smith says regional broadcasters are already struggling financially and any media reforms should not subject them to increased regulation.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NATIONAL PARTY OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, WIN CORPORATION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Media shakeup: extra points for local TV news

Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 6 : 16-Feb-16

Proposed changes to Australia’s cross-media ownership laws will be presented to Cabinet ministers shortly. The National Party is believed to be close to accepting a deal to ensure that regional TV broadcasters continue to provide local content if the "reach rule" and the "two-out-of-three rule" are abolished. The Federal Government has proposed the introduction of a points system which would require regional broadcasters to provide around 30 minutes of local content each day.

CORPORATES
NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY

Pay TV seeks early rounds of World Cup soccer in sport rights shake-up

Original article by Max Mason
The Australian Financial Review – Page: 32 : 15-Feb-16

The Australian Subscription Television & Radio Association will lobby Communications Minister Mitch Fifield to remove some sports events from the anti-siphoning list. These include all non-Socceroos matches in the group stages of the soccer World Cup. ASTRA CEO Andrew Maiden notes that many sporting events are not of "national importance and cultural significance" and attract low ratings on free-to-air TV, and therefore should be removed from the list.

CORPORATES
AUSTRALIAN SUBSCRIPTION TELEVISION AND RADIO ASSOCIATION (ASTRA) INCORPORATED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, WORLD CUP, SPECIAL BROADCASTING SERVICE (SBS), FREE TV AUSTRALIA LIMITED

2DayFM rejects Kyle and Jackie talk

Original article by Darren Davidson
The Australian – Page: 19 & 22 : 9-Feb-16

The contracts of KIIS 106.5 FM breakfast show hosts Kyle Sandilands and Jackie Henderson expire at the end of 2016. However, Southern Cross Media Group CEO Grant Blackley says his company has not held talks with the popular duo about returning to 2DayFM. There has been a sharp fall in the radio station’s ratings and revenue since they left in 2014. Meanwhile, Blackley says Southern Cross could potentially end its affiliation agreement with Ten Network if cross-media ownership reforms proceed.

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SOUTHERN CROSS AUSTEREO PTY LTD, KIIS1065, 2DAY FM AUSTRALIA PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE NETWORK AUSTRALIA LIMITED, APN NEWS AND MEDIA LIMITED – ASX APN, AUSTRALIAN RADIO NETWORK PTY LTD