NEGOTIATION IN BUSINESS – AUSTRALIA

Regional papers concern

roymorgansocial Leave a comment

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

Country Press Australia is holding talks with both Facebook and Google regarding the news media bargaining code. CPA represents the publishers of 160 regional newspapers nationwide; its negotiations have come at a time when there is growing concern that the Facebook News product will have limited relevance to regional newspapers as it is focused primarily on national news. Australian Community Media is also in talks with Facebook, while it secured a deal with Google in late 2020.

CORPORATES
COUNTRY PRESS AUSTRALIA INCORPORATED, FACEBOOK INCORPORATED, FACEBOOK AUSTRALIA PTY LTD, GOOGLE INCORPORATED, GOOGLE AUSTRALIA PTY LTD, AUSTRALIAN COMMUNITY MEDIA PTY LTD

Sunrise gas must come to us: Dili

roymorgansocial Leave a comment

Original article by Paul Garvey
The Australian – Page: 20 : 10-Nov-17

The three partners in the Greater Sunrise LNG project have resumed negotiations with representatives of the Australian and Timor Leste governments. Processing gas from Sunrise at the Darwin LNG plant or a floating LNG facility remain the preferred option of the project’s partners, rather than a Timor Leste processing facility. Timor Leste Prime Minister Mari Alkatiri has indicated that his government would be open to options other than this one, although chief of staff Nelson Santos has stated that shipping gas to Timor Leste for processing must be considered.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, COCOS (KEELING) ISLANDS SHIRE COUNCIL, ROYAL DUTCH SHELL PLC, EAST TIMOR. OFFICE OF THE PRIME MINISTER

Cricket rights set for delay amid pay war

roymorgansocial Leave a comment

Original article by Nick Tabakoff
The Australian – Page: 24 : 3-Jul-17

Negotiations for a new cricket broadcasting rights deal are expected to be put on hold until 2018. Cricket Australia had commenced preliminary talks with TV networks, but factors such as the pay dispute with top cricketers and the collapse of the Ten Network may prompt a final deal to be delayed. Cricket Australia had been aiming to gain around $A900m for the next five-year rights deal, compared with about $A600m under the current deal. However, sports rights experts say Ten’s collapse means that around $A700m is more likely.

CORPORATES
CRICKET AUSTRALIA, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, BIG BASH LEAGUE, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, PPB ADVISORY, KORDA MENTHA AND COLLEAGUES PTY LTD, FEDERAL COURT OF AUSTRALIA, TENNIS AUSTRALIA

Japanese buyers demand cheaper Australian coal

roymorgansocial Leave a comment

Original article by Peter Ker
The Australian Financial Review – Page: 1 & 11 : 5-Apr-16

The downturn in coal prices and a global oversupply is expected to result in Japan’s power companies securing a lower contract price in current negotiations with Australian thermal coal producers. The annual contract price is usually higher than the spot price, but the utilities are believed to be seeking a discount of at least 10 per cent on the previous contract price of about $US67 per tonne. RBC Capital Markets forecasts that the thermal coal price will rebound to around $US65/tonne in 2018.

CORPORATES
RBC CAPITAL MARKETS, IHS GLOBAL INSIGHT INCORPORATED, RIO TINTO LIMITED – ASX RIO, GLENCORE PLC, TOHOKU ELECTRIC POWER CORPORATION, ADANI ENTERPRISES LIMITED, ROY HILL HOLDINGS PTY LTD, AUSTRALIA. EXPORT FINANCE AND INSURANCE CORPORATION, ANGLO AMERICAN PLC, TAURUS FUNDS MANAGEMENT PTY LTD, STANMORE COAL LIMITED – ASX SMR, VALE SA, SUMITOMO CORPORATION

Nine strikes a secret cricket deal with SBS

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 9 : 18-Dec-15

Regional broadcaster WIN Corporation has yet to finalise a new affiliation agreement with Nine Entertainment Company, with the existing deal set to lapse at the end of 2015. It has been revealed that Nine has negotiated a deal for public broadcaster SBS to televise its cricket coverage in regional areas if WIN does not renew its affiliation agreement. Nine’s broadcasting deal with Cricket Australia requires it to provide all Australians with access to its cricket coverage.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, SPECIAL BROADCASTING SERVICE (SBS), CRICKET AUSTRALIA, TEN NETWORK HOLDINGS LIMITED – ASX TEN

Gordon has new tune for talks with Nine

roymorgansocial Leave a comment

Original article by Jake Mitchell
The Australian – Page: 22 : 20-Nov-15

Nine Entertainment Company is seeking to conclude negotiations for a new affiliate agreement with regional broadcaster WIN Corporation. However, Nine is also holding merger talks with Southern Cross Media Group. WIN owner Bruce Gordon also has 14.9 per cent stakes in both Nine and Ten Network, positioning him to play a key role in TV industry consolidation if cross-media ownership rules are relaxed.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, TEN NETWORK HOLDINGS LIMITED – ASX TEN, FOXTEL MANAGEMENT PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Nine may save by ceding Saturday night NRL

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 23 : 12-Nov-15

Fox Sports owner News Corp is continuing to hold talks with the National Rugby League regarding pay-TV broadcasting rights. The media group has indicated that it is willing to pay $A30m a year to broadcast the Saturday night NRL match, which Nine Entertainment Company acquired as part of a $A925m five-year free-to-air and streaming rights deal earlier in 2015. Nine is said to be seeking to have the cost of its deal reduced by about $A40m a year in return for relinquishing the Saturday night fixture.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOX SPORTS AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, AUSTRALIAN RUGBY FOOTBALL LEAGUE, OZTAM PTY LTD, SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE

NRL looks to seal deal for two Friday games

roymorgansocial Leave a comment

Original article by Jake Mitchell, Brent Read
The Australian – Page: 3 : 11-Nov-15

The National Rugby League may finalise a deal for pay-TV rights in the next several weeks. Negotiations with Fox Sports are believed to involve regaining the rights to a Saturday night match, which the Nine Network secured in its recent $A925m deal with the NRL. Fox Sports would also gain the rights to a Friday night match, while Nine would broadcast a second match on Friday. Any deal is said to be condition on Fox Sports regaining the popular Saturday night match.

CORPORATES
NATIONAL RUGBY LEAGUE, FOX SPORTS AUSTRALIA PTY LTD, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN FOOTBALL LEAGUE, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

NBN’s secret strategy to bypass telcos

roymorgansocial Leave a comment

Original article by David Ramli
The Australian Financial Review – Page: 6 : 26-Aug-15

NBN Co would like to use retailers to sell internet access. The company is considering selling a wholesale service to new entrants such as Woolworths, Australia Post or Vodafone Australia which would resell NBN services under their own brands. Smaller internet service providers could be disadvantaged if the proposal to that effect is indeed implemented.

CORPORATES
NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, AUSTRALIA POST, VODAFONE AUSTRALIA LIMITED, M2 GROUP LIMITED – ASX MTU, DODO AUSTRALIA PTY LTD, IPRIMUS

Medibank accused of bullying in contract talks

roymorgansocial Leave a comment

Original article by Jessica Gardner
The Australian Financial Review – Page: 19 : 17-Jul-15

The Australian Private Hospitals Association (APHA) has criticised Medibank Private over its dealings with private hospital operator Calvary Health Care. Medibank abandoned negotiations over a new contract with Calvary in early July 2015, and the APHA has claimed that the private health insurer used bullying tactics. Medibank has rejected the accusations and says it acted appropriately in its negotiations with Calvary.

CORPORATES
MEDIBANK PRIVATE LIMITED – ASX MPL, CALVARY HEALTH CARE LIMITED, AUSTRALIAN PRIVATE HOSPITALS ASSOCIATION LIMITED, RAMSAY HEALTH CARE LIMITED – ASX RHC, HEALTHSCOPE LIMITED – ASX HSO