MASS MEDIA POLICY – AUSTRALIA

TV networks split on reform

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 18 : 29-Sep-15

The issue of Australia’s cross-media ownership laws is again under scrutiny, with further dissent among major TV broadcasters. Nine Entertainment Company and Prime Media Group say they will support relaxing the rules governing sports broadcasts in return for changes to the ownership regime. However, Seven West Media and Ten Network oppose any move to reduce the number of sports on the anti-siphoning list. Communications Minister Mitch Fifield plans to review the list.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, AUSTRALIA. DEPT OF COMMUNICATIONS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, SOUTHERN CROSS AUSTEREO PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FREE TV AUSTRALIA LIMITED, CROSBY TEXTOR RESEARCH STRATEGIES RESULTS PTY LTD, WIN CORPORATION PTY LTD, IMPARJA TELEVISION PTY LTD

Media laws, sports rights shake-up

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 1 & 31 : 28-Sep-15

Communications Minister Mitch Fifield says changes to cross-media laws are inevitable, arguing that they are outdated. He has also indicated that reforms may be pursued without the agreement of all media industry players, noting that full consensus may be difficult to achieve. Fifield says he is also open to reassessing the list of sporting events that must first be offered to free-to-air TV networks.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, GOOGLE INCORPORATED, NETFLIX INCORPORATED, WIN CORPORATION PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS AUSTEREO PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, IMPARJA TELEVISION PTY LTD

Cross-media ownership rules may go back on the table

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 15 : 17-Sep-15

Prime Minister Malcolm Turnbull has advocated changing Australia’s cross-media ownership laws in the past, and comments in his first official press conference suggest that it may be back on the agenda. Turnbull noted that he first talked about the need for reforms in 1977, and said he will look forward to discussing the issue with cabinet ministers. Media law reforms were put on hold by former prime minister Tony Abbott earlier in 2015.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, SEVEN WEST MEDIA LIMITED – ASX SWM, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ

Regions running scare campaign, says Seven

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 36 : 6-Jul-15

Southern Cross Media Group CEO Grant Blackley says the Australian Government should review cross-media ownership laws to ensure a "level playing field" for regional TV broadcasters. However, Seven West Media CEO Tim Worner argues that regional networks’ primary motivation for scrapping the "reach rule" is to make them more appealing to potential suitors. He argues that they should instead lobby for a reduction in licence fees, which could be redirected to local content such as news.

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN WEST MEDIA LIMITED – ASX SWM, PRIME MEDIA GROUP LIMITED – ASX PRT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, WIN CORPORATION PTY LTD, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, PALMER UNITED PARTY, AUSTRALIA. DEPT OF COMMUNICATIONS

PM rejects rural MP concerns over media law reform

roymorgansocial Leave a comment

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 3-Jul-15

Prime Minister Tony Abbott says changes to cross-media ownership laws will only be on the agenda if all media groups support reform. MPs in regional electorates have called for the current laws to be scrapped, amid concerns that regional TV broadcasters will be forced to cut jobs and local news services. Meanwhile, Fairfax Media CEO Greg Hywood says the competition regulator should closely examine Ten’s proposed equity deal with Foxtel, due to News Corp’s 50 per cent stake in the latter.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, FAIRFAX MEDIA LIMITED – ASX FXJ, TEN NETWORK HOLDINGS LIMITED – ASX TEN, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIA. DEPT OF COMMUNICATIONS, PRIME MEDIA GROUP LIMITED – ASX PRT, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, PRESTO ENTERTAINMENT PTY LTD, DOMAIN.COM.AU, NATIONAL RUGBY LEAGUE, AUSTRALIAN FOOTBALL LEAGUE, MULTI CHANNEL NETWORK PTY LTD, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL

Abbott bowed to mates: Hartigan

roymorgansocial Leave a comment

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 2-Jul-15

Regional TV broadcasters will use a media campaign to push for the Australian Government to reconsider its decision to shelve cross-media ownership reforms. Prime Media Group chairman John Hartigan has warned that jobs at regional broadcasters and local news services will be at risk if the proposed reforms to do not proceed. He has suggested that Prime Minister Tony Abbott was "kowtowing" to media barons Rupert Murdoch and Kerry Stokes in abandoning the reforms.

CORPORATES
PRIME MEDIA GROUP LIMITED – ASX PRT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF COMMUNICATIONS, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NEWS CORPORATION – ASX NWS, FAIRFAX MEDIA LIMITED – ASX FXJ, FOXTEL MANAGEMENT PTY LTD, NOVA, AUSTRALIA. DEPT OF AGRICULTURE

Blackley back on board for SCM M&A bonanza

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 35 : 1-Jun-15

Southern Cross Media Group chairman Peter Bush expects mergers in Australia’s media sector if cross-media ownership laws are changed. He says the industry expertise of new CEO Grant Blackley will be an asset when dealing with the new media landscape. Bush adds that one of Blackley’s key tasks will be to assess the group’s "peak value". Blackley is a former CEO of the Ten Network.

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, TEN NETWORK HOLDINGS LIMITED – ASX TEN, FREE TV AUSTRALIA LIMITED, KEYSTONE GROUP PTY LTD

Corbett on mergers, mistakes, News

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 30 : 23-Mar-15

Fairfax Media chairman Roger Corbett has welcomed proposed changes to Australia’s cross-media ownership laws. Corbett says Fairfax is in a strong position to participate in any rationalisation of the media industry, adding that there would be significant economies of scale from Fairfax merging with a TV network. Meanwhile, Corbett has stressed that the print editions of Fairfax’s major newspapers are not under threat, and concedes that the group should have bought Carsales.com in 2006

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, CARSALES.COM LIMITED – ASX CRZ, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIA. DEPT OF COMMUNICATIONS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, WOOLWORTHS LIMITED – ASX WOW, DOMAIN.COM.AU, AUSTEREO GROUP LIMITED

Turnbull swings back at Murdoch

roymorgansocial Leave a comment

Original article by Dominic White, Jared Lynch
The Australian Financial Review – Page: 1 & 6 : 17-Mar-15

Communications Minister Malcolm Turnbull insists that Australians have the right to watch major sporting events on free-to-air TV. His declaration, made on 16 March 2015, was not well received by media magnate Rupert Murdoch, who wrote on Twitter that Turnbull was motivated by the desire to protect the interests of his "buddies" at Nine Entertainment Company. Turnbull’s most important recommendation is the abolition of the "reach rule", which prevents metropolitan TV broadcasters from merging with regional TV stations

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN FOOTBALL LEAGUE, FOXTEL MANAGEMENT PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, TWITTER INCORPORATED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, FAIRFAX MEDIA LIMITED – ASX FXJ, FREE TV AUSTRALIA LIMITED, MINTER ELLISON, SEVEN WEST MEDIA LIMITED – ASX SWM

Turnbull risks wrath of moguls

roymorgansocial Leave a comment

Original article by Dominic White, Jared Lynch
The Australian Financial Review – Page: 1 & 8 : 16-Mar-15

Southern Cross Media Group CEO Rhys Holleran and Fairfax Media CEO Greg Hywood are among the industry executives who support cross-media ownership reforms proposed by Communications Minister Malcolm Turnbull. These including abolishing the reach rule and the two-out-of-three rule. However, Turnbull’s proposal to retain the anti-siphoning list for sports broadcasts has attracted criticism from Foxtel CEO Richard Freudenstein and News Corp Australia CEO Julian Clarke

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FAIRFAX MEDIA LIMITED – ASX FXJ, AUSTRALIA. DEPT OF COMMUNICATIONS, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, WIN CORPORATION PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GOOGLE INCORPORATED, NETFLIX INCORPORATED, TELSTRA CORPORATION LIMITED – ASX TLS, LIBERAL PARTY OF AUSTRALIA, PRIME MEDIA GROUP LIMITED – ASX PRT, DISCOVERY COMMUNICATIONS INCORPORATED, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS