Regional media to get $50 million lifeline

Original article by Max Mason
The Australian Financial Review – Page: 6 : 29-Jun-20

News publishers account for 92 of the 107 regional media companies that will receive a combined $50m in emergency relief funding under the federal government’s Public Interest News Gathering program. Some $20m has been allocated to TV broadcasters, publishers will receive $18m in total and radio broadcasters have been allocated $12m. The coronavirus pandemic has resulted in a sharp fall in advertising revenue for the media sector.

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ACM brings back bulk of print titles

Original article by Max Mason
The Australian Financial Review – Page: 30 : 29-Jun-20

Regional newspaper group Australian Community Media will shortly resume publishing at least 50 of the print mastheads that were suspended in April due to the coronavirus pandemic. The move affected about 80 non-daily titles, and sources have indicated that a decision has yet to be made as to when the remaining mastheads will resume publication. ACM CEO Allen Williams has urged regional communities to support their local newspapers to ensure that they are financially sustainable.

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AUSTRALIAN COMMUNITY MEDIA

News Corp spurns Google news deal

Original article by Natasha Gillezeau, Max Mason
The Australian Financial Review – Page: 2 : 27-Jun-20

Google has struck deals with a number of Australian news publishers to pay for content, while it is talks with a number of others, including Australian Community Media. Google Australia MD Mel Silva says it will have to "wait and see" whether its new product offering will be impacted by the code of conduct that the Australian Competition & Consumer Commission is putting together to govern how technology companies deal with news publishers. News Corp Australasia executive chairman Michael Miller has accused Google of not being genuine, and of trying to take advantage of certain publishers when they are at their most vulnerable.

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GOOGLE AUSTRALIA PTY LTD, AUSTRALIAN COMMUNITY MEDIA, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Google finally agrees to pay for news content – but not with everyone

Original article by David Swan
The Australian – Page: 15 : 26-Jun-20

Digital giant Google has reached agreement with several media companies in Australia regarding a deal to licence their news content. The deal covers smaller news publishers such as Solstice Media, Schwartz Media and The Conversation. Google is also said to be in talks with larger news publishers such as News Corp Australia, Nine Entertainment Company and Australian Community Media. News Corp Australasia executive chairman Michael Miller says the deal shows that Google is willing to negotiate directly with small publishers. Google will also pay for news content from several media companies in Germany and Brazil.

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GOOGLE INCORPORATED

Tough love necessary, says News

Original article by Max Mason
The Australian Financial Review – Page: 22 : 18-Jun-20

News Corporation’s CEO Robert Thomson says the media group’s decision to axe the print editions of 112 regional and community newspapers was not taken lightly. The bulk of the titles will become digital-only publications, but 36 will be discontinued completely. Thomson says this was necessary to ensure the viability of the titles that will become digital-only. The number of News Corp journalists working on regional and community mastheads will be reduced from more than 1,200 to just 375.

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NEWS CORPORATION – ASX NWS, NEWS CORP AUSTRALIA PTY LTD

Catalano and Seven discussed news deal

Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 15 : 17-Jun-20

Sources have indicated that Antony Catalano is the previously undisclosed party to whom Seven West Media provided detailed financial information about its West Australian Newspapers business earlier in 2020. A deal for Catalano’s Australian Community Media to acquire WAN did not progress beyond initial discussions, and Seven West director Ryan Stokes advised at the time that the group had no plans to sell the business. Catalano was also holding talks with News Corp Australia about buying its portfolio of regional and community newspapers, a deal that also did not eventuate.

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SEVEN WEST MEDIA LIMITED – ASX SWM, WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED, AUSTRALIAN COMMUNITY MEDIA, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

More jobs to go at News Corp in metro restructure

Original article by Zoe Samios
The Age – Page: Online : 10-Jun-20

News Corp Australia has advised that plans to centralise the production and editorial operations of its metropolitan mastheads will result in job losses. The job cuts will affect staff of ‘The Daily Telegraph’ and the ‘Herald Sun’, with news content to be shared across the two newspapers. The move follows News Corp’s recent decision to discontinue the print editions of many regional and community newspapers, which affected more than 600 jobs. There will also be some job cuts at its flagship national masthead, ‘The Australian’.

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NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

News in shared digital strategy

Original article by Leo Shanahan
The Australian – Page: 19 : 8-Jun-20

News Corp Australia veteran Peter Blunden will head the media group’s new specialist network teams of journalists, which will produce content across its metropolitan, community and regional mastheads. He says the traditional ‘silo model’ of journalism is no longer relevant, and quality content must be shared across its portfolio of mastheads. Blunden has also defended the decision to adopt a digital-only model for some regional and community newspapers, arguing that the print editions were not sustainable.

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NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Catalano flags return of regional newspapers

Original article by Lilly Vitorovich
The Australian – Page: 16 : 5-Jun-20

Antony Catalano has indicated that Australian Community Media is looking at digital opportunities, but it has no plans to adopt a digital-only model for any of its regional titles. ACM put the print editions of some titles on hold in April in response to the coronavirus-induced downturn in the advertising market; Catalano says publication of these titles will resume as soon as possible, but it will depend on factors such as the pace at which lockdown restrictions are eased. He adds that there are signs of an upturn in the advertising market.

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AUSTRALIAN COMMUNITY MEDIA

News Corp set to ditch printed versions of regional papers

Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 15 : 13-May-20

Sources have indicated that News Corp Australia will shift to digital-only editions of some regional and community newspapers after negotiations to sell the business ended. News Corp launched a number of digital-only newspapers in 2018, with content that is produced by a local reporter being supplemented with stories from other newspapers in its portfolio. News Corp is believed to be considering this model for newspapers that will become digital-only.

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NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS