TELEVISION BROADCASTING – AUSTRALIA

Networks seek end to kids’ TV quotas

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Original article by Mitchell Bingemann
The Australian – Page: 23 : 10-Apr-17

Australia’s commercial free-to-air networks have argued that the growing range of viewing options means the quota system for children’s programming is no longer appropriate. The networks’ submissions to the Federal Government’s arts inquiry noted that children are spending less time watching TV content on free-to-air, citing factors such as the emergence of streaming services and growing viewership of ABC channels among young audiences.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN BROADCASTING CORPORATION

Earnings the focus as Nine pledges to regain revenue share

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Original article by Mitchell Bingemann
The Australian – Page: 21 : 24-Feb-17

Nine Entertainment Company has posted a 2016-17 interim loss of $A236.9m, after writing down the value of its TV assets by $A260m. Underlying net profit fell by four per cent to $A75m, and group revenue was five per cent lower at $A659.2m. The TV division’s revenue was also down five per cent, at $A578.2m. Nine CEO Hugh Marks is upbeat about the outlook for the second half, noting a rise in its TV ratings and indications of an improvement in the advertising market.

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

Seven probe set to clear Worner as director quits

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Original article by Mitchell Bingemann
The Australian – Page: 1 & 7 : 3-Feb-17

Law firm Allens has completed its investigation into the allegations against Seven West Media CEO Tim Worner made by former employee Amber Harrison. The Allens report is expected to exonerate Worner, who has admitted that he had a sexual relationship with Harrison. Meanwhile, Sheila McGregor has resigned from the board of Seven West Media. It is believed that she had concerns about the way the company has handled the Harrison scandal.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, ALLENS, GILBERT AND TOBIN LAWYERS, IINET LIMITED

Pay-TV defies on-demand boost

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Original article by Mitchell Bingemann
The Australian – Page: 25 : 23-Jan-17

Data from Roy Morgan Research shows that around 2.27 million Australian households had a Netflix subscription in December 2016. Some 428,000 homes have a Stan subscription, while about 151,000 homes use Presto. The figures also show that 2.42 million homes have a Foxtel subscription and 200,000 homes use FetchTV. Roy Morgan CEO Michele Levine notes that despite the growing use of subscription video-on-demand services, traditional free-to-air TV remains the main source of video content for Australian consumers.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, FOXTEL MANAGEMENT PTY LTD, FETCHTV PTY LTD, AMAZON PRIME

Red Bull TV, Ten Network to air revived Tropfest short-film event

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Original article by Max Mason
The Australian Financial Review – Page: 15 : 11-Jan-17

The 25th Tropfest short film festival will be streamed live to a global audience via the web-based Red Bull TV. The five-day festival will commence on 7 February 2017, and the Ten Network will broadcast the 16 finalist films on channel Eleven. SBS had previously held the free-to-air broadcasting rights for Tropfest, which will be held at Parramatta Park for the first time. Tropfest’s future had been in doubt in late 2015, when the event encountered financial problems.

CORPORATES
TROPFEST PTY LTD, RED BULL TV, RED BULL GMBH, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SPECIAL BROADCASTING SERVICE (SBS), ERNST AND YOUNG

Robb joins fight over free-to-air licence fees

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Original article by Jake Mitchell
The Australian – Page: 23 : 9-Dec-16

The Ten Network’s remuneration report was rejected by 17.06 per cent of votes cast at the 2016 AGM. Ten is lobbying the Federal Government for a further reduction in TV broadcasting licence fees, but chairman David Gordon concedes that these efforts have had limited effect to date. Ten director Andrew Robb, who stepped down as trade minister earlier in 2016, says both major political parties recognise that local networks pay higher licence fees than their overseas peers. He adds that the government’s fiscal problems may be delaying reform.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, LIBERAL PARTY OF AUSTRALIA, WIN CORPORATION PTY LTD, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS

Fairfax, Nine plan to bypass laws

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Original article by Jake Mitchell
The Australian – Page: 19 & 22 : 6-Dec-16

Fairfax Media and Nine Entertainment Company are said to have held further talks regarding potential asset sales, although they are not believed to be close to finalising a deal. Several options are believed to be under consideration in order to avoid any such deal being blocked due to the "two-out-of-three" rule. The Federal Opposition and the Australian Greens oppose abolishing the rule, while some media groups regard a further reduction in TV broadcasting licence fees as a higher priority than changes to cross-media ownership laws.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, DOMAIN.COM.AU, MACQUARIE MEDIA LIMITED – ASX MRN, 2GB, CREDIT SUISSE (AUSTRALIA) LIMITED, UBS HOLDINGS PTY LTD, MACQUARIE CAPITAL PTY LTD, STAN ENTERTAINMENT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, NINE LIVE PTY LTD, AFFINITY EQUITY PARTNERS (AUSTRALIA) PTY LTD, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL

TV bosses unite against online foe

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Original article by Max Mason
The Australian Financial Review – Page: 9 : 1-Dec-16

The ReThink TV forum in Sydney has featured a panel discussion with the CEOs of Australia’s commercial free-to-air networks and Foxtel. Seven West Media’s Tim Worner conceded that in recent years some TV shows have not been very good, but he is confident that upcoming shows will appeal to viewers. Ten Network’s Paul Anderson noted that the networks are co-operating more in terms of marketing and audience measurement, amid growing competition from digital players.

CORPORATES
THINK TV, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD, MULTI CHANNEL NETWORK PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

TV bosses unite against online foe

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Original article by Max Mason
The Australian Financial Review – Page: 9 : 1-Dec-16

The ReThink TV forum in Sydney has featured a panel discussion with the CEOs of Australia’s commercial free-to-air networks and Foxtel. Seven West Media’s Tim Worner conceded that in recent years some TV shows have not been very good, but he is confident that upcoming shows will appeal to viewers. Ten Network’s Paul Anderson noted that the networks are co-operating more in terms of marketing and audience measurement, amid growing competition from digital players.

CORPORATES
THINK TV, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD, MULTI CHANNEL NETWORK PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

Hold the remote: ratings show box has plenty of life left in it

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Original article by Darren Davidson
The Australian – Page: 26 : 28-Nov-16

The Seven Network has increased its total audience share by 0.9 per cent in 2016, winning the free-to-air TV ratings for a 10th consecutive year. Seven was the highest-rating network among the 16-39, 18-49 and 25-54 age demographics. OzTAM data also shows that the audience share of the Nine Network and Ten Network fell by 1.4 per cent and 0.1 respectively. The ABC’s audience share was steady, while SBS increased its audience share by 0.6 per cent.

CORPORATES
SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), OZTAM PTY LTD, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FACEBOOK INCORPORATED, GOOGLE INCORPORATED