Original article by Max Mason
The Australian Financial Review – Page: 30 & 31 : 9-Dec-19
The CEOs of Australian media, digital media and advertising groups have shared their views on the outlook for their company in 2020 and the media sector in general. Bauer Media Australia CEO Brendon Hill says the deal to acquire Pacific Magazines will increase the publisher’s stability and allow it to increase its focus on the creation of compelling branded content, while Foxtel CEO Patrick Delaney says the pay-TV group’s large customer base will be its biggest advantage in 2020. Southern Cross Media Group CEO Grant Blackley says factors such as weak consumer sentiment and its flow-on effect on the advertising market will be the biggest challenge facing his company in 2020.
BAUER MEDIA AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, AUSTRALIAN COMMUNITY MEDIA, SEEK LIMITED – ASX SEK, OOH!MEDIA LIMITED – ASX OML, CARSALES.COM LIMITED – ASX CAR, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, HT&E LIMITED – ASX HT1, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN WEST MEDIA LIMITED – ASX SWM, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, STAN ENTERTAINMENT PTY LTD, GOOGLE AUSTRALIA PTY LTD, FACEBOOK AUSTRALIA PTY LTD, TWITTER AUSTRALIA HOLDINGS PTY LTD, TEN NETWORK HOLDINGS LIMITED, REA GROUP LIMITED – ASX REA, FETCHTV PTY LTD, JC DECAUX AUSTRALIA PTY LTD