Nine opposes concession to tech giants

Original article by Max Mason, Natasha Gillezeau, John Kehoe
The Australian Financial Review – Page: 1 & 8 : 9-Dec-20

Treasurer Josh Frydenberg says the federal government’s mandatory news media bargaining code for digital platforms is a "world-first". He has dismissed suggestions that the government has made too many concessions in the final version of the code to gain the support of digital giants such as Google and Facebook. These include adding a ‘two-way value exchange’ clause which reflect the benefits that news publishers receive from having digital platforms direct users to their content. A Nine Entertainment spokesman says this will merely entrench both the monopoly powers of digital companies and the unfair imbalance in media regulation.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

News firms in stand for fairer future

Original article by James Madden
The Australian – Page: 19 : 23-Nov-20

Some of Australia’s top media industry executives have jointly signed an ‘open letter’ to the federal government expressing support for its proposed media bargaining code. The letter also outlines the features that must be included in the code to ensure a level playing field between traditional media companies and digital platforms such as Facebook and Google. Seven West Media CEO James Warburton, News Corp Australia executive chairman Michael Miller and Free TV CEO Bridget Fair are amongst those who signed the letter, which will be published in all major metropolitan newspapers on 23 November.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FREE TV AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FACEBOOK INCORPORATED, GOOGLE INCORPORATED

Nearly 2.5 million Australians using TikTok – up over 850,000 (+52.4%) during first half of 2020

Original article by Roy Morgan
Market Research Update – Page: Online : 15-Oct-20

The latest Roy Morgan data shows that nearly 2.5 million Australians are using TikTok in an average four weeks – equivalent to 10.5% of the population aged 6 years and older. TikTok has grown its user base by over 850,000 (+52.4%) during the first half of 2020 to be easily the fastest growing social media company in Australia this year in terms of user growth. TikTok has a predominantly female user base, with 1.5 million women and girls now using the popular site, up over 380,000 (+34.3%) since the second half of 2019. In comparison, 985,000 men and boys now use TikTok, up more than 470,000 (+91.6%), and with male use of the service now growing faster. TikTok is also far more popular among younger Australians. Over a quarter of Australians in the youngest Generation Alpha (28%) are now using TikTok – a total of 746,000 Young Australians. Generation Alpha comprises those born from 2006 until today. There is also a significant TikTok user base among the slightly older Generation Z (born 1991-2005) with over 1,040,000 Australians (20%) in this age group now using the new short video service.

CORPORATES
ROY MORGAN LIMITED, TIKTOK

Facebook will be loser if it bans news: Sims

Original article by Max Mason
The Australian Financial Review – Page: 17 & 22 : 18-Sep-20

Facebook and Google would be forced to pay for news content that is posted on their platforms under the mandatory code of conduct proposed by the Australian Competition & Consumer Commission. Facebook has threatened to ban all news on its platform in response to the code, but ACCC chairman Rod Sims contends that such action could weaken the social media company. Sims has also rejected claims made in public campaigns by Facebook and Google that the proposed code will give news publishers access to their algorithms.

CORPORATES
FACEBOOK AUSTRALIA PTY LTD, GOOGLE AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

PM tells Google and Facebook: You’re bluffing

Original article by Andrew Tillett
The Australian Financial Review – Page: 11 : 8-Sep-20

Prime Minister Scott Morrison has told Facebook and Google that he does not give into coercion. The two technology companies are unhappy about federal government plans to make them pay news publishers for their content; Facebook has threatened to pull Australian and international content from its Facebook and Instagram platforms in response to the code, while Google has stated it will have to cull news content from search results. Morrison said he is happy to call their bluff on the issue.

CORPORATES
GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Facebook says it doesn’t need news stories for its business and won’t pay to share them in Australia

Original article by Naaman Zhou, Amanda Meade
The Guardian Australia – Page: Online : 16-Jun-20

Social media company Facebook has rejected a proposal to share its advertising revenue with news publishers. The mandatory code of conduct being developed by the Australian Competition & Consumer Commission would govern the relationship between media companies and digital platforms such as Facebook and Google. Facebook claims that there would be no significant impact to its income if it stopped sharing news content, while it says the revenue-sharing proposal means it would be subsidising a competitor.

CORPORATES
FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED

News key for tech titans: so pay up

Original article by Leo Shanahan, David Swan
The Australian – Page: 2 : 20-May-20

The Australian Competition & Consumer Commission has released a ‘concepts paper’ on the proposed mandatory revenue-sharing code of conduct for digital companies. ACCC chairman Rod Sims says the revenue from placing advertisements adjacent to news stories is clearly a direct benefit for Google and Facebook. However, he adds that the indirect value of having news on their platform is a much bigger benefit for them. Sims says a number of payment models could be considered, noting that implementing a per-click model could be difficult.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

News says $600m from tech giants not enough

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

News Corp Australasia executive chairman Michael Miller agrees with Nine Entertainment chairman Peter Costello that Facebook and Google must pay for news content. However, Miller says the amount they should pay is probably much higher than the $600m a year that Costello has suggested; he notes that former senator Nick Xenophon has proposed that digital platforms pay $1bn a year. Miller adds that getting the digital platforms’ mandatory revenue-sharing code of conduct right is the first thing to do.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Nine wants tech giants to pay $600m to media

Original article by Max Mason, John Kehoe
The Australian Financial Review – Page: 13 & 18 : 14-May-20

The Australian Competition & Consumer Commission’s digital platforms inquiry concluded that Facebook and Google accounted for about $6bn of online advertising revenue in Australia in 2018. Nine Entertainment chairman Peter Costello says that based on this figure, Facebook and Google derive about 10 per cent of their annual revenue from news content. As a result, he believes that they should pay about $600m a year into a fund for Australian news publishers. Costello adds that other countries may adopt Australia’s policy of a mandatory revenue-sharing code of conduct if it proves to be effective.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Google MD caught off-guard by moving media goalposts

Original article by Paul Smith
The Australian Financial Review – Page: 19 & 22 : 28-Apr-20

The Australian Competition & Consumer Commission will implement a mandatory revenue-sharing code of conduct for digital companies by July, after the federal government scrapped plans for a voluntary code. Google’s Australian MD Melanie Silva has rejected claims that it was "dragging its feet" in negotiations for a voluntary code, and that it will co-operate fully with the ACCC in developing the mandatory code. It has been suggested that news publishers could receive hundreds of millions of dollars in extra revenue under the code.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE AUSTRALIA PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED