Journalists’ union says it will quit ineffectual Australian Press Council

Original article by Amanda Meade
The Guardian Australia – Page: Online : 22-Apr-21

The Media, Entertainment & Arts Alliance’s members have voted to withdraw from the Australian Press Council, the self-regulatory body for print media. The journalists’ union will give the requisite four years’ notice to quit the APC, and the MEAA’s Marcus Strom hopes its move will prompt debate about media regulation. The MEAA has called for a simpler system of self-regulation that is consistent across all platforms and organisations. The APC’s adjudications have been widely criticised by journalists and the print media.

CORPORATES
MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, AUSTRALIAN PRESS COUNCIL

Nine ads hit in cyber fallout

Original article by James Madden
The Australian – Page: 19 : 12-Apr-21

A Nine Entertainment Company spokesman has declined to comment on media industry claims that the recent cyber attack has cost it several hundred thousand dollars in lost radio advertising revenue. The spokesman says there has been "minimal impact" on ad bookings; however, Nine is believed to still be having problems with the ad booking and placement system for its radio stations, and some of Nine’s clients are said to have placed ads with rival radio broadcasters since the cyber attack occured in late March.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

ACM gets go-ahead to raise stake in Prime

Original article by Sophie Elsworth
The Australian – Page: 15 : 9-Apr-21

Australian Community Media has been cleared to increase its stake in Seven Network affiliate Prime Media Group to 19.99 per cent. The deal to buy a five per cent stake in Prime from WIN Corporation owner Bruce Gordon had to be cleared by the Australian Communications & Media Authority, as ACM would exceed the 15 per cent threshold that is deemed to be a controlling interest under the Broadcasting Services Act 1992. ACM’s Anthony Catalano says the legislation needs to be updated, as the ‘voices test’ for regional areas does not include digital media. He adds that ACM will have to sell two newspapers in Victoria and New South Wales unless the legislation is changed.

CORPORATES
AUSTRALIAN COMMUNITY MEDIA PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, WIN CORPORATION PTY LTD, SEVEN NETWORK LIMITED, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY

Nine’s cyber hack still far from over

Original article by Sophie Elsworth
The Australian – Page: 3 : 6-Apr-21

Nine Entertainment Company has informed staff that its technology teams have made "remarkable progress" in restoring its key operational systems in the wake of a major cyber attack. However, the media giant has advised that it will be some time before all systems are fully restored, and many employees have been asked to keep working from home. Cybersecurity experts have estimated that the attack could potentially cost Nine more than $1m. It disrupted Nine’s broadcast operations in Sydney, as well as the print editions of its newspapers.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Regional papers concern

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

Cyber attack disables Nine HQ

Original article by James Madden
The Australian – Page: 1 & 2 : 29-Mar-21

Nine Entertainment Company has become the target of a cyber attack that prevented it from broadcasting live programs such as ‘Weekend Today’ on 28 March. Nine was also forced to broadcast a national news bulletin from Melbourne into the Sydney and Canberra markets. All of Nine’s broadcast and newspaper staff have been told to work from home and avoid accessing the media group’s corporate network until further notice. A number of Australian businesses have recently been subjected to ransomware attacks, but Nine says it has not received a ransom demand.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Nine to pay costs in Aston ruling

Original article by Cameron England
The Australian – Page: 3 : 9-Feb-21

The Federal Court has awarded indemnity costs to Elaine Stead in her defamation case against newspaper columnist Joe Aston. The indemnity costs will be backdated to 22 April, when Nine Entertainment Company rejected Stead’s offer to settle the case for $190,000. Stead was recently awarded ordinary and aggravated damages totalling $280,000 over several articles that were published in the ‘Australian Financial Review’. Nine could potentially face a total bill of more than $2.5m arising from the defamation case.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC,FEDERAL COURT OF AUSTRALIA

The three most likely: Nine’s search for new CEO narrows

Original article by Lilly Vitorovich, James Madden
The Australian – Page: 19 : 8-Feb-21

Nine Entertainment Company is widely tipped to appoint an internal candidate to succeed Hugh Marks as CEO. Oscar Oberg of Wilson Asset Management and Brian Han of Morningstar both expect either Nine’s head of publishing Chris Janz or Stan CEO Mike Sneesby to get the job. However, Carl Fennessy of Endemol Shine Australia is believed to be the leading external candidate to replace Marks, who has stepped down in the wake of revelations of his relationship with a junior executive.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WILSON ASSET MANAGEMENT, STAN ENTERTAINMENT PTY LTD, ENDEMOL SHINE AUSTRALIA PTY LTD

News Corp rolls out 50 digital mastheads

Original article by Lilly Vitorovich
The Australian – Page: 19 : 13-Jul-20

News Corp Australia has chosen Ballarat, Port Lincoln and the Clare Valley as the launch sites for its new digital mastheads. The first 15 digital-only newspapers will be launched by September, with plans to launch more than 50 over the next three years. The mastheads will feature ‘hyperlocal’ news content, while subscribers will have access to content from metropolitan newspapers and the media group’s NCA NewsWire service. News Corp already has 92 digital-only mastheads, including 76 whose print editions were recently discontinued.

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NEWS CORP AUSTRALIA PTY LTD

Newspaper publisher ACM may close presses in Victoria, SA and Canberra, shedding 200 jobs

Original article by Emilia Terzon
abc.net.au – Page: Online : 9-Jul-20

Regional newspaper publisher Australian Community Media may shut down four of its nine printing plants. ACM has declined to comment on the likely job losses if the printing presses in Albury-Wodonga, Ballarat, Canberra and Murray Bridge are shut down; the Australian Manufacturing Workers’ Union estimates that about 200 people would be retrenched, primarily in Ballarat. ACM says reduction in printing volumes due to the coronavirus pandemic means it has excess print capacity.

CORPORATES
AUSTRALIAN COMMUNITY MEDIA