How newsrooms are adapting to report the COVID-19 crisis

Original article by Max Mason, Natasha Gillezeau
The Australian Financial Review – Page: 33 : 23-Mar-20

Australia’s media industry has responded to the coronavirus pandemic by implementing measures to protect staff and reduce the infection’s spread. This includes working from home, splitting staff into several rotating teams and using technologies such as video conferencing. Meanwhile, consumers are turning to trusted sources of information about the virus, with news and current affairs shows dominating the list of the 20 highest-rating TV programs in the last week. The websites of traditional newspaper publishers have also experienced a spike in traffic, while Guardian Australia editor Lenore Taylor says the online-only publisher’s site had record traffic every day during the last week.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN BROADCASTING CORPORATION, THE GUARDIAN AUSTRALIA, JUNKEE MEDIA PTY LTD

News vow: we won’t miss an edition

Original article by Leo Shanahan
The Australian – Page: 21 : 23-Mar-20

The coronavirus pandemic has prompted a surge in sales and subscriptions for print and digital newspapers are consumers seek trusted sources of information in an era of ‘fake news’. News Corp Australasia’s executive chairman Michael Miller says the media group’s mastheads will continue to be published during the crisis, and none will miss any editions. Miller has held talks with more than 60 business leaders and advertisers in Australia over the last week, giving assurances that News Corp will continue to support them during the crisis.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Nine to give sport, movies the chop

Original article by Lilly Vitorovich
The Australian – Page: 19 : 27-Feb-20

Nine Entertainment Company has reported a 2019-20 interim net profit of $101.9m, which is 41 per cent lower than previously. The result was marred by write-downs totalling $75.2m. The Nine Network’s underlying earnings fell by 36 per cent to $103.5m and revenue was six per cent lower at $531.2m, while earnings from its digital and publishing assets rose by seven per cent to $46.7m. Nine CEO Hugh Marks has flagged cost cuts of $100m at the Nine Network over the next three years.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED

News Corp underpaid super

Original article by Lilly Vitorovich
The Australian – Page: 19 : 25-Feb-20

News Corp Australia says that about 2,500 current and former employees have not received their correct superannuation entitlements due to payroll system errors. A spokesman says that most of the affected employees were underpaid by less than $250, and they are collectively owed around $1.5m. The underpayments were discovered during a review of News Corp’s super contributions, which also revealed some instances of wages being overpaid.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

First full year since Nine purchase of Fairfax sees audience increases for SMH, The Age and Australian Financial Review

Original article by Roy Morgan
Market Research Update – Page: Online : 7-Feb-20

Roy Morgan has released the latest readership results for Australian newspapers, for the 12 months to December 2019. Now 15.5 million Australians aged 14+ (74.6%) read or access newspapers in an average seven-day period via print or online; this audience increases to 16.6 million (79.7%) when one considers news portals such as news.com.au and the Huffington Post. The standout performer over the past year is again ‘The Australian Financial Review’, which increased its total cross-platform readership by 14.1 per cent to 1,642,000; this was driven by a substantial increase in its digital audience (up 19.9 per cent to 1,402,000). ‘The Sydney Morning Herald’ is still Australia’s most widely-read masthead, with a cross-platform audience of 4,303,000, which is up 4.1 per cent on a year ago. Meanwhile, ‘Good Weekend’ remains Australia’s most widely-read newspaper inserted magazine, with print readership of 819,000 (down 21.6 per cent over the last year). These are the latest findings from the Roy Morgan Single Source survey of 50,422 Australians aged 14+ in the 12 months to December 2019.

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ROY MORGAN LIMITED

Cat strikes back at weak Domain

Original article by Leo Shanahan
The Australian – Page: 24 & 26 : 3-Feb-20

Australian Community Newspapers’ owners Antony Catalano and Alex Waislitz have paid about $10m for a 33 per cent stake in Realestateview.com.au. Catalano will join the board of the unlisted classified advertising group. Realestateview.com.au CEO Toby Balazs notes that combining its property listings with ACN’s portfolio of regional newspapers means it will have a digital audience of 5.4 million. Catalano expects the new venture to be a serious rival to Domain, although he concedes that Realstate.com.au is likely to remain the leading player in the sector.

CORPORATES
AUSTRALIAN COMMUNITY MEDIA, REALESTATEVIEW.COM.AU LIMITED, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, REALESTATE.COM.AU, REA GROUP LIMITED – ASX REA, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Kenny rejects Murdoch climate coverage attack

Original article by Max Mason
The Australian Financial Review – Page: 4 : 16-Jan-20

News Corporation’s climate coverage continues to attract scrutiny following criticism by James Murdoch, a director of the global company and the son of media mogul Rupert Murdoch. However, News Corp Australia commentator Chris Kenny contends that News Corp is one of the few media organisations that provide "fact-based, varied and realistic debate" on the issue. He adds that global coverage of climate change tends to be dominated by "alarmist and hysterical views". Former News Corp Australia employee Emily Townsend recently alleged that the company has engaged in a misinformation campaign to divert attention from climate change during the bushfires crisis.

CORPORATES
NEWS CORPORATION – ASX NWS, NEWS CORP AUSTRALIA PTY LTD, SKY NEWS, 21ST CENTURY FOX INCORPORATED

James Murdoch criticises father’s news outlets for climate crisis denial

Original article by Jim Waterson
The Guardian Australia – Page: Online : 15-Jan-20

The climate coverage of News Corp Australia’s newspapers has come under scrutiny in the wake of the bushfires crisis. James Murdoch and his wife Kathryn have issued a joint statement in which they criticise the media group’s continued climate change denial stance. Murdoch is a director of parent company News Corporation, and he stepped down as CEO of 21st Century Fox when it was sold to Walt Disney Company. Media mogul Rupert Murdoch told shareholders at New Corp’s 2019 AGM that there are no climate change deniers at the company.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOX NEWS, 21ST CENTURY FOX INCORPORATED, WALT DISNEY COMPANY

News, Murdochs give millions to aid victims

Original article by Lilly Vitorovich, Lachlan Moffet Gray
The Australian – Page: 5 : 15-Jan-20

News Corporation has announced a number of initiatives to assist communities that have been affected by the bushfires. It will donate $5m to bushfire relief programs, while executive chairman Rupert Murdoch will personally donate another $2m. Co-chairman Lachlan Murdoch recently donated $2m to the bushfire relief fund. News Corp Australia will also donate all revenue from metropolitan newspaper sales and advertising on 21 January to the bushfire relief appeal, while Foxtel will donate the proceeds from special advertising packages for its broadcasts of charity sports events and the Fire Fight concert.

CORPORATES
NEWS CORPORATION – ASX NWS, NEWS CORP AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, CRICKET AUSTRALIA, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE

Catalano not working with Gordon

Original article by Lilly Vitorovich
The Australian – Page: 17 & 20 : 11-Dec-19

Australian Community Media’s Antony Catalano says he is not working with WIN Corporation owner Bruce Gordon to block Seven West Media’s takeover bid for Prime Media Group. Their combined stake in Prime is sufficient to prevent Seven from reaching the 75 per cent acceptances threshold to complete the deal. Catalano says that himself and Gordon seem to be of the shared view that the Seven offer does not represent good value for Prime’s shareholders. Both have stressed the need for further changes to Australia’s media ownership laws.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, PRIME MEDIA GROUP LIMITED – ASX PRT, AUSTRALIAN COMMUNITY MEDIA, WIN CORPORATION PTY LTD