News Corp to cut sales staff, up to 80 jobs to go

Original article by Calum Jaspan
The Age – Page: Online : 13-Jun-24

News Corp Australia is set to announce further redundancies as part of a restructuring program and its push to reduce costs by up to $65m. The media group’s sales team is expected to bear the brunt of the latest jobs cuts, with speculation that up to 80 employees will be retrenched. However, a News Corp spokesperson has dismissed claims that 40 per cent of its sales personnel will be sacked. News Corp Australia’s executive chairman Michael Miller recently downplayed speculation that more than 100 journalists will also be retrenched.

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

News outlets producing covert marketing for McDonald’s, KFC and Domino’s, study finds

Original article by Natasha May
The Guardian Australia – Page: Online : 5-Jun-24

Researchers have concluded that Australian media outlets are overtly endorsing fast-food products by publishing positive stories that are based on press releases issued by these restaurant chains. The research team analysed all press releases issued by McDonald’s, KFC and Domino’s Pizza Enterprises between July 2021 and June 2022. These press releases were found to have generated 86 articles in 31 news outlets; four of the articles were identical to the corresponding press release, while many others were largely based on the original press release. All but six of the articles were favourable towards the fast-food chains.

CORPORATES
McDONALD’S AUSTRALIA LIMITED, KFC, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP

News Corp pain as executive heads roll

Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 14 : 5-Jun-24

News Corp Australia’s state general managers are among the casualties of the media group’s restructuring program. Other News Corp staff who are said to have been retrenched include the general manager of print production, Marcus Hooke. Some editors of metropolitan mastheads will also take on additional responsibilities at part of the move to split the company’s publishing operations into three divisions. Meanwhile, former Sunday Telegraph editor Mick Carroll will succeed Lisa Muxworthy as editor-in-chief of the news.com.au website, while Lou Barrett will head the new national sales team.

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

The Australian’s contest of ideas a winner

Original article by James Madden
The Australian – Page: 19 : 20-May-24

The latest readership data from Roy Morgan shows that The Australian’s weekday readership increased by 9.7 per cent in the six months to 31 March. The weekend edition of the national masthead recorded a 15,000-strong increase in readership during the period. Editor-in-chief Michelle Gunn says The Australian’s continued growth reflects its commitment to high-quality journalism across print and digital. The readership figures shows that on average, News Corp Australia’s newspapers now reach more than four in five Australians each month. Meanwhile, readership of the weekday edition of Seven West Media’s The West Australian has fallen by 2.4 per cent, while the weekend edition’s readership is down 7.4 per cent.

CORPORATES
ROY MORGAN LIMITED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SEVEN WEST MEDIA LIMITED – ASX SWM

Financial Review print, digital readership jumps

Original article by Nick Bonyhady
The Australian Financial Review – Page: 3 : 20-May-24

Total news readership data from Roy Morgan shows that The Australian Financial Review boasted 3.5 million readers across print and digital in March. The weekday print edition of the AFR now has an average readership of 262,000 per day, while the weekend edition has an average of 179,000 readers. The AFR’s editor-in-chief Michael Stutchbury notes that the Nine Entertainment flagship’s digital-only audience is growing by 2.4 per cent a year, and the AFR now has the biggest digital audience of any national newspaper brand. Nine’s broader publishing stable reached 16 million Australians in March across its titles, according to the Roy Morgan data.

CORPORATES
ROY MORGAN LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Written news maintains staggering 97 per cent reach and delivers deep, frequent audience engagement

Original article by Roy Morgan
Market Research Update – Page: Online : 20-May-24

Readership figures from Roy Morgan show that written news reaches 97% of Australians aged 14+ (21.5 million) each month. The figure reflects the evolving and deepening landscape of news media titles and readership behaviours across print and digital formats, and demonstrates to advertisers the breadth of audience accessible via news media. The Roy Morgan figures also show that readers across all demographics are actively leaning into news, with 67 million interactions per week. Australian news readers are also consistently engaged across multiple sources of written news to satisfy diverse interests, with three in five news audiences reading three or more categories in addition to general, breaking news. Further analysis reveals that state and territory mastheads enjoy large readership numbers outside their local markets, due to digital accessibility. Roy Morgan produces the Total News data on behalf of ThinkNewsBrands.

CORPORATES
ROY MORGAN LIMITED, THINKNEWSBRANDS

The Australian’s contest of ideas a winner

Original article by James Madden
The Australian – Page: 19 : 20-May-24

The latest readership data from Roy Morgan shows that The Australian’s weekday readership increased by 9.7 per cent in the six months to 31 March. The weekend edition of the national masthead recorded a 15,000-strong increase in readership during the period. Editor-in-chief Michelle Gunn says The Australian’s continued growth reflects its commitment to high-quality journalism across print and digital. The readership figures shows that on average, News Corp Australia’s newspapers now reach more than four in five Australians each month. Meanwhile, readership of the weekday edition of Seven West Media’s The West Australian has fallen by 2.4 per cent, while the weekend edition’s readership is down 7.4 per cent.

CORPORATES
ROY MORGAN LIMITED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SEVEN WEST MEDIA LIMITED – ASX SWM

Financial Review print, digital readership jumps

Original article by Nick Bonyhady
The Australian Financial Review – Page: 3 : 20-May-24

Total news readership data from Roy Morgan shows that The Australian Financial Review boasted 3.5 million readers across print and digital in March. The weekday print edition of the AFR now has an average readership of 262,000 per day, while the weekend edition has an average of 179,000 readers. The AFR’s editor-in-chief Michael Stutchbury notes that the Nine Entertainment flagship’s digital-only audience is growing by 2.4 per cent a year, and the AFR now has the biggest digital audience of any national newspaper brand. Nine’s broader publishing stable reached 16 million Australians in March across its titles, according to the Roy Morgan data.

CORPORATES
ROY MORGAN LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Written news maintains staggering 97 per cent reach and delivers deep, frequent audience engagement

Original article by Roy Morgan
Market Research Update – Page: Online : 20-May-24

Readership figures from Roy Morgan show that written news reaches 97% of Australians aged 14+ (21.5 million) each month. The figure reflects the evolving and deepening landscape of news media titles and readership behaviours across print and digital formats, and demonstrates to advertisers the breadth of audience accessible via news media. The Roy Morgan figures also show that readers across all demographics are actively leaning into news, with 67 million interactions per week. Australian news readers are also consistently engaged across multiple sources of written news to satisfy diverse interests, with three in five news audiences reading three or more categories in addition to general, breaking news. Further analysis reveals that state and territory mastheads enjoy large readership numbers outside their local markets, due to digital accessibility. Roy Morgan produces the Total News data on behalf of ThinkNewsBrands.

CORPORATES
ROY MORGAN LIMITED, THINKNEWSBRANDS

Job losses and potentially dire impact on regional media from Meta’s news exit

Original article by Calum Jaspan
The Age – Page: Online : 8-Mar-24

Australian Community Media executive chair Antony Catalano contends the decision by Meta to refuse to pay for Australian news content could have a "dire impact" on what is Australia’s largest regional newspaper publisher. Catalano said there would certainly be job losses at ACM if an alternative source of funds cannot be found, while he says he always felt as if Meta was not committed to the media content funding deals. Public Interest Journalism Initiative CEO Anna Draffin has suggested that tax reform could help make up the revenue gap resulting from Meta’s decision, suggesting it could take the form of a research and development-style rebate.

CORPORATES
AUSTRALIAN COMMUNITY MEDIA PTY LTD, META AUSTRALIA LIMITED, PUBLIC INTEREST JOURNALISM INITIATIVE