Netflix, Apple and Stan could be required to boost Australian content

Original article by Anne Davies
The Guardian Australia – Page: Online : 11-Jun-20

Expanding local content rules to include subscription video-on-demand services is among the options canvassed in a report that was released by the Australian Communications & Media Authority and Screen Australia prior to the onset of the coronavirus pandemic. Although local player Stan has invested in local content, SVOD providers are currently under no obligation to do so. An alternative to directly investing in the production of local content may be for streaming services to contribute to a fund that would support local production.

CORPORATES
AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, SCREEN AUSTRALIA, STAN ENTERTAINMENT PTY LTD, NETFLIX INCORPORATED, APPLE INCORPORATED, AMAZON.COM INCORPORATED

News Corp Binges to ease Foxtel’s streaming woes

Original article by Zoe Samios
The Sydney Morning Herald – Page: Online : 25-May-20

Binge CEO Julian Ogrin says he is confident that the new entertainment streaming service will attract more subscribers to Foxtel. Ogrin also runs Foxtel’s Kayo sports streaming service; he says that like Kayo, Foxtel is going for "a whole new audience" with Binge. He believes that Binge will complement Netflix’s local subscriber base, while industry observers believe the money that Foxtel is putting into Binge is similar to the amount it put into Kayo when it was launched in November 2018. News Corp Australia owns 65 per cent of Foxtel.

CORPORATES
BINGE, FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, NETFLIX INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORP AUSTRALIA PTY LTD

Disney Plus attracts over 2 million in first 4 months

Original article by Roy Morgan
Market Research Update – Page: Online : 25-May-20

New data from Roy Morgan shows Disney Plus continuing its stellar growth, with over two million Australians now viewing the newest subscription television service after only four months. Netflix extended its lead as Australia’s most watched subscription television service in the March quarter with 12.59 million Australians having access, followed by followed by Foxtel (including Kayo Sports) on 4.87 million, and Stan with 3.72 million. Disney Plus is in fourth position, followed by Amazon Prime Video on 1.6 million and You Tube Premium on 1.47 million. Roy Morgan CEO Michele Levine notes the growth of subscription television services in Australia sped up in March as the nation entered a period of lockdown.

CORPORATES
ROY MORGAN LIMITED, WALT DISNEY COMPANY, NETFLIX INCORPORATED, FOXTEL MANAGEMENT PTY LTD, STAN ENTERTAINMENT PTY LTD

Foxtel to Binge on seismic change

Original article by Leo Shanahan
The Australian – Page: 19 : 18-May-20

Foxtel has yet to confirm speculation that its new entertainment-focused streaming service will be called Binge. Internally codenamed Project Ares, the new subscription video-on-demand service will debut on 25 May, featuring movies and full seasons of TV shows. It is expected to cost between $10 and $14 a month, while people who already use the Kayo Sports streaming service will be offered discounts and free trials. The new product is part of Foxtel’s shift in focus from traditional pay-TV to streaming services.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS

News Corp warns of hit to Foxtel, Kayo and real estate classifieds

Original article by Max Mason
The Australian Financial Review – Page: 17 : 15-Apr-20

News Corp expects to lose more Foxtel and Kayo Sports subscribers due to the impact of the coronavirus pandemic on live sports events. Foxtel’s broadcast and commercial subscriber base fell to 2.268 million in the December quarter, compared with 2.326 million in the September quarter, while its churn rate rose from 14.4 per cent to 16 per cent. Meanwhile, Kayo boasted 402,000 paid subscribers in early November, but this had fallen to around 370,000 by early February. News Corp also expects its property listings businesses in Australia and the US to be hit by the pandemic.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, REA GROUP LIMITED – ASX REA, MOVE INCORPORATED

AFL, NRL members can get discounted Kayo

Original article by Max Mason
The Australian Financial Review – Page: 21 : 20-Mar-20

Foxtel and its Kayo Sports streaming service are the only option for AFL and NRL fans who want to watch every match while the coronavirus-induced lockout of stadiums continues. A basic Kayo subscription usually costs $25 a month, but members of AFL and NRL clubs will be offered a discounted rate of $2.50 a month for two months. Kayo boasted 402,000 paid subscribers in early November, but this had fallen to around 370,000 by early February; this was expected to increase when the AFL and NRL seasons began.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, NEWS CORPORATION – ASX NWS

BBC makes streaming move into Australia

Original article by Max Mason
The Australian Financial Review – Page: 22 : 6-Mar-20

The BBC and UK commercial television network ITV will launch a streaming joint venture in Australia towards the end of 2020. Britbox will operate as a 50-50 joint venture between BBC Studios and ITV, and it is expected to feature programs such as ‘Poldark’, ‘Blackadder’ and ‘Call the Midwife’. Pricing information for Britbox in Australia has not yet been released, but it costs Stg5.99 a month in the UK and US6.99 a month in the US.

CORPORATES
BRITISH BROADCASTING CORPORATION, ITV PLC, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Fears of low-ball offer for TV rights

Original article by Jamie Pandaram
The Australian – Page: 32 : 6-Mar-20

Rugby Australia will give prospective bidders an additional week to submit offers for its next broadcasting rights deal, after failing to attract any interest. Optus appears set to gain the broadcasting rights after RA’s current broadcast partner Fox Sports declined to sign a non-disclosure agreement. There is speculation that Optus will capitalise on the lack of rival bidders to offer a low price for the rights; RA rejected Fox Sports’ offer of $40m a year in late 2019. Ten Network is tipped to offer about $5m for limited free-to-air coverage of rugby matches.

CORPORATES
SINGTEL OPTUS PTY LTD, RUGBY AUSTRALIA, FOX SPORTS AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, TEN NETWORK HOLDINGS LIMITED

Streaming lifts Foxtel’s sports subs to record

Original article by Max Mason
The Australian Financial Review – Page: 23 : 28-Feb-20

Foxtel CEO Patrick Delany has defended the pay-TV group’s Kayo Sports streaming service, after its subscriber base declined in the December quarter. He argues that four of the five major sports in Australia end their seasons in September, so Kayo can expect to have fewer subscribers in a period when cricket is the only major sport. The media group’s sports subscriber base has risen to a record level when measured across its traditional broadcast, Foxtel Now and Kayo services.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, KAYO SPORTS, FOXTEL NOW

Nine to give sport, movies the chop

Original article by Lilly Vitorovich
The Australian – Page: 19 : 27-Feb-20

Nine Entertainment Company has reported a 2019-20 interim net profit of $101.9m, which is 41 per cent lower than previously. The result was marred by write-downs totalling $75.2m. The Nine Network’s underlying earnings fell by 36 per cent to $103.5m and revenue was six per cent lower at $531.2m, while earnings from its digital and publishing assets rose by seven per cent to $46.7m. Nine CEO Hugh Marks has flagged cost cuts of $100m at the Nine Network over the next three years.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED