RADIO BROADCASTING – AUSTRALIA

Metro radio drags on Southern Cross

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Original article by Darren Davidson
The Australian – Page: 19 : 25-Oct-17

Southern Cross Austereo has advised that revenue fell by two per cent year-on-year in the September 2017 quarter, due to the sale of a TV station in northern New South Wales. The group’s revenue was seven per cent lower on a reported basis, and its metropolitan radio stations posted a revenue decline of six per cent. However, its regional radio stations reported revenue growth of two per cent, and regional TV revenue was 3.5 per cent higher.

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SOUTHERN CROSS AUSTEREO PTY LTD, PODCASTONE, HIT NETWORK, TRIPLE M CORPORATION PTY LTD, NINE NETWORK AUSTRALIA LIMITED

Licence fee win boosts TV, radio

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Original article by Stephen Brook
The Australian – Page: 19 : 29-Jun-17

Free TV chairman Harold Mitchell and Commercial Radio Australia CEO Joan Warner have welcomed the Federal Government’s decision to waive broadcasting licence fees for the 2016-17 financial year. The Government proposes to permanently replace broadcasting licence fees with a spectrum charge as part of its media cross-ownership reforms. Shares in listed media companies rallied after the one-off waiver was announced. It is expected to save broadcasters about $A127m.

CORPORATES
FREE TV AUSTRALIA LIMITED, COMMERCIAL RADIO AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, ONE NATION PARTY

Smooth operators ease way to top of heap

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Original article by Stephen Brook
The Australian – Page: 3 : 28-Apr-17

Nova Entertainment’s SmoothFM topped the FM ratings in both Sydney and Melbourne in GfK’s second radio ratings survey for 2017. SmoothFM boasted an audience share of 9.9 per cent in both cities, almost five years after being launched under the Vega banner. Meanwhile, Sydney’s 2GB increased its overall audience share by 0.3 points to 11.6 per cent. Ratings for its breakfast show rose by 0.6 points to 13.5 per cent following the return of Alan Jones after an extended absence on medical grounds.

CORPORATES
SMOOTHFM 91.5 PTY LTD, SMOOTHFM 95.3 PTY LTD, NOVA ENTERTAINMENT PTY LTD, ILLYRIA PTY LTD, 2GB, GFK PTY LTD, NEWS CORPORATION – ASX NWS, KIIS1065, TRIPLE M CORPORATION PTY LTD, SEVEN NETWORK LIMITED

Listeners are tuning in like never before

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Original article by Michael Bodey
The Australian – Page: 23 : 20-Jun-16

Many Australian radio programs have attracted record cumulative audiences in 2016, including Neil Mitchell’s talk show on 3AW in Melbourne and KIIS FM’s "Kyle & Jackie O". Duncan Campbell of the Australian Radio Network says the audience figures indicate that radio should not be underestimated. Data from Commercial Radio Australia shows that metropolitan radio attracted a cumulative weekly audience of 10.3 million in 2015.

CORPORATES
3AW SOUTHERN CROSS RADIO PTY LTD, KIIS1065, AUSTRALIAN RADIO NETWORK PTY LTD, NOVA 106.9 PTY LTD, ABC RADIO, 97.3 COAST FM, SMOOTHFM, MACQUARIE MEDIA LIMITED – ASX MRN, COMMERCIAL RADIO AUSTRALIA LIMITED, NOVA ENTERTAINMENT PTY LTD, MEDIA FEDERATION OF AUSTRALIA

Airwaves putting a smile on the dial, says ARN chief

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Original article by Michael Bodey
The Australian – Page: 28 : 30-May-16

Pollinate has produced research on behalf of Australian Radio Network which examines how consumers engage with various media formats. The research found that radio is one of five media channels that are particularly effective in lifting the mood of audiences. ARN CEO Tony Kendall says the research shows that consumers are no longer engaged with radio in the late evening prior to going to bed, when they tend to use mobile phones and tablet devices rather than listening to radio or watching TV.

CORPORATES
AUSTRALIAN RADIO NETWORK PTY LTD, POLLINATE, FACEBOOK INCORPORATED, SPOTIFY LIMITED, PANDORA MEDIA INCORPORATED, KIIS FM, GOLD FM

APN, Fairfax mulling NZ assets merger

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Original article by Max Mason
The Australian Financial Review – Page: 16 : 10-May-16

APN News & Media will outline details of a proposal to spin off its New Zealand division at its AGM on 11 May 2016. The listed newspaper, radio broadcasting and outdoor advertising group also intends to undertake a capital raising worth up to $A200m. Meanwhile, Fairfax Media has downplayed speculation that it is also looking at demerging its NZ operations. However, Grant Samuel is said to have been commissioned to advise on a potential merger of the two groups’ NZ businesses. The firm is also advising APN on its demerger and capital raising.

CORPORATES
APN NEWS AND MEDIA LIMITED – ASX APN, FAIRFAX MEDIA LIMITED – ASX FXJ, NZME, FAIRFAX NEW ZEALAND LIMITED, GRANT SAMUEL AND ASSOCIATES PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, UBS HOLDINGS PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

News pushes for full reform

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Original article by Darren Davidson
The Australian – Page: 21 : 9-Mar-16

News Corp CFO Bedi Singh has told a conference in the US that the Australian Government must abolish both the "reach rule" and the "two-of-three rule". The Australian Labor Party may oppose the latter, but Singh says abolishing both would provide consumers with greater choice. Singh also says the anti-siphoning list for sports broadcasts should also have been on the Government’s agenda for cross-media ownership reforms.

CORPORATES
NEWS CORPORATION – ASX NWS, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, NETFLIX INCORPORATED, SINGTEL OPTUS PTY LTD, DEUTSCHE BANK AG, AUSTRALIAN LABOR PARTY

Kelly urges Nine-Fairfax mega-merger

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Original article by Jake Mitchell
The Australian – Page: 23 : 7-Mar-16

Fairfax Media CEO Greg Hywood recently ruled out merging with Nine Entertainment Company if cross-media ownership laws are relaxed. However, Nine’s former CFO Simon Kelly believes that the media group should merge with both Fairfax and regional broadcaster Southern Cross Media. He argues that a three-way merger would create a multi-platform company with about 30 per cent of the advertising market and revenue of around $A4bn.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, WIN CORPORATION PTY LTD, NETFLIX INCORPORATED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, APN NEWS AND MEDIA LIMITED – ASX APN, REA GROUP LIMITED – ASX REA, FOXTEL MANAGEMENT PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NOVA ENTERTAINMENT PTY LTD, MULTI CHANNEL NETWORK PTY LTD, OAKTREE CAPITAL MANAGEMENT LLC, APOLLO GLOBAL MANAGEMENT LLC, THE GOLDMAN SACHS GROUP INCORPORATED, TICKETEK

2DayFM rejects Kyle and Jackie talk

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Original article by Darren Davidson
The Australian – Page: 19 & 22 : 9-Feb-16

The contracts of KIIS 106.5 FM breakfast show hosts Kyle Sandilands and Jackie Henderson expire at the end of 2016. However, Southern Cross Media Group CEO Grant Blackley says his company has not held talks with the popular duo about returning to 2DayFM. There has been a sharp fall in the radio station’s ratings and revenue since they left in 2014. Meanwhile, Blackley says Southern Cross could potentially end its affiliation agreement with Ten Network if cross-media ownership reforms proceed.

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SOUTHERN CROSS AUSTEREO PTY LTD, KIIS1065, 2DAY FM AUSTRALIA PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE NETWORK AUSTRALIA LIMITED, APN NEWS AND MEDIA LIMITED – ASX APN, AUSTRALIAN RADIO NETWORK PTY LTD

Oldest station looks to lifestyle

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Original article by Michael Bodey
The Australian – Page: 25 : 18-Jan-16

Macquarie Media CEO Adam Lang says the group is reviewing the format of its 2UE radio station in Sydney, although he has declined to comment on reports that it will adopt a lifestyle and sponsored advertising format. It competes with ABC702 and fellow Macquarie Media station 2GB in the crowded Sydney market. Meanwhile, Macquarie is believed to be in talks with a potential buyer of 2CH, which must be divested under current media ownership laws.

CORPORATES
MACQUARIE MEDIA LIMITED – ASX MRN, RADIO 2UE SYDNEY PTY LTD, 2GB, RADIO 2CH PTY LTD, AUSTRALIAN BROADCASTING CORPORATION, IINET LIMITED, MYOB GROUP LIMITED – ASX MYO, RAINE AND HORNE PTY LTD, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, 4bc use RADIO 4BC BRISBANE PTY LTD, MAGIC 882, 3AW SOUTHERN CROSS RADIO PTY LTD, MAGIC 1278, 6PR SOUTHERN CROSS RADIO PTY LTD