Ten loses hits as Fox rips up deal

Original article by Darren Davidson
The Australian – Page: 4 : 31-Oct-17

US media giant 21st Century Fox has formally terminated its program supply deal with the Ten Network, which will no longer be able to broadcast popular shows such as "The Simpsons" and "Modern Family". Ten had suspended broadcasts of Fox shows earlier in October after negotiations for a new content deal stalled. Court approval is the final hurdle for the acquisition of Ten by Fox rival CBS Corporation. Ten will present its 2018 "upfronts" in early November.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, 21ST CENTURY FOX INCORPORATED, CBS CORPORATION, MULTI CHANNEL NETWORK PTY LTD, FOXTEL MANAGEMENT PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, SEVEN NETWORK LIMITED, NINE NETWORK AUSTRALIA LIMITED

Fox missed deadline to help save Ten

Original article by Max Mason
The Australian Financial Review – Page: 29 : 6-Sep-17

Ferrier Hodgson has indicated that Ten Network suitor CBS Corporation had agreed to a reduction in the price that Ten paid for its content in mid-June. However, the deal was dependent on 21st Century Fox also agreeing to cut the cost of its program supply deal. Fox was given a deadline of 13 June to accept the new terms for its supply deal, but the Murdoch-backed group failed to do so and Ten subsequently went into administration. The revised content supply deals were also conditional on Ten refinancing a $A200m loan facility with the Commonwealth Bank.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, CBS CORPORATION, 21ST CENTURY FOX INCORPORATED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, FERRIER HODGSON AND COMPANY, KORDA MENTHA AND COLLEAGUES PTY LTD, FORT STREET ADVISERS PTY LTD, ILLYRIA PTY LTD, BIRKETU PTY LTD

Rivals brace for battle on the streaming front

Original article by Darren Davidson
The Australian – Page: 6 : 29-Aug-17

The local launch of the CBS All Access subscription video-on-demand service is likely to be a key part of the strategy of Ten Network’s new owner. The fee-based service is expected to complement Ten’s existing "catch-up" streaming service, and CBS intends to make its TV shows available online a week after they are broadcast on Ten’s linear channels. CBS may also seek Australian sports broadcasting rights for its streaming service.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, CBS CORPORATION, CBS ALL ACCESS, STAN ENTERTAINMENT PTY LTD, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, NETFLIX INCORPORATED, NATIONAL FOOTBALL LEAGUE, SPECIAL BROADCASTING SERVICE (SBS), FOXTEL MANAGEMENT PTY LTD, SHOWTIME, VIACOM INCORPORATED, NATIONAL AMUSEMENTS INCORPORATED, CBS STUDIOS INTERNATIONAL

Seven seeks to redraw Disney deal

Original article by Jake Mitchell
The Australian – Page: 19 : 15-Sep-16

Australian-listed Seven West Media is said to pay at least $A50m a year for TV programs from the Walt Disney Company. The output deal will expire in late 2016 or early 2017, and Seven is said to be seeking to renegotiate the terms of the arrangement to allow the broadcaster to selectively take new programs. Seven is also investing heavily in local content. The Nine Network recently renegotiated its content deal with Warners Bros.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, WALT DISNEY COMPANY, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WARNER BROS, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, SONY PICTURES TELEVISION PTY LTD, NBC UNIVERSAL INCORPORATED, PRESTO ENTERTAINMENT PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE

Stan becomes video star with Showtime deal

Original article by Jake Mitchell
The Australian – Page: 19 : 29-Jan-16

Australian subscription video-on-demand provider Stan has secured a content deal with CBS Corporation-owned US cable TV network Showtime. The exclusive arrangement will give Stan exclusive local rights to all new Showtime content for at least five years, as well as its existing catalogue of TV shows. Stan, which is a joint venture between Fairfax Media and Nine Entertainment Company, is believed to have about 700,000 gross subscribers.

CORPORATES
STAN ENTERTAINMENT PTY LTD, SHOWTIME, CBS CORPORATION, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NETFLIX INCORPORATED, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, SKY PLC, BELL MEDIA, WARNER BROS