I have an issue with this - there is no reason why Ten couldnt compete more successfully with Nine/Seven given time.
To say this says that only two networks really matter
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I agree with you. Just woeful from media players in this country. This is why CBS is needed so badly.
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Nine thanking everyone involved, including giving Pauline a big head.
Free TV hails agreement for media reform as new dawn for local media
Free TV Australia congratulates the Senate for passing a historic package of media reforms, supported by all of Australiaâs media companies.
âThis is a significant win for Australians who love great local content, Australian stories and the thousands of Australians employed in telling them,â Free TV Chairman, Mr Harold Mitchell AC said today.
This package will allow local media companies to invest in their businesses to meet the changing needs of their audiences and sustain local services.
âWe warmly welcome the acceptance that we canât continue to compete with the likes of Google and Facebook under media laws that pretend the internet doesnât exist and levies the worldâs highest licence fees,â Mr Mitchell said.
In coming together to back local Australian media, the Government and crossbench have supported home-made content, news, current affairs, drama, entertainment and sport that Australians value so highly.
The commercial free-to-air television sector alone supports more than 15,000 jobs, investing an average of $1.5 billion every year in Australian content.
Seven West Media Welcomes Successful Passage of Media Bill
Seven West Media has welcomed the successful passage of the Governmentâs media reform bill through the Senate today.
Seven West Media Chairman Kerry Stokes AC said: âThese historic changes will give Australian media companies a real opportunity to compete with unregulated global players. That means a better future for local news and Australian stories.â
âThe Government and the Senate cross bench should be congratulated for their commitment to giving Australian media companies a fighting chance. I would like to thank Minister Fifield and Prime Minister Turnbull who have delivered a landmark change for our industry today.ââI also very much welcome the support for this legislation from Senator Nick Xenophon who has consistently been a strong supporter of a diverse and viable Australian media sector.â
Seven West Media CEO Tim Worner said: âThe Government has achieved the comprehensive reform package that Seven has been calling for since 2013. That is no easy feat. What has been achieved today will truly empower broadcasters and publishers to meet the increasing pace of change that we are facing.
âMinister Fifield and the Senate cross bench have placed us in the best possible position to meet the challenges we face head on and we are most grateful for that.â
Parliament resumes on 16 October, so the bills wonât be back before the House of Representatives until that week. The legislation has to go back as there were amendments made by the Senate.
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So a while to go until theyâre law⌠hopefully cbs owns ten by then. Not that these laws prevent cbs buying ten.
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Whatâs the difference between the comment that it passed the senate, and waiting till mid October for government to resume? Or is that because itâs altered and has to pass the lower house again?
And do the 4 regional voices include abc and sbs?
Yes. Basically, it needs to pass through both houses until theyâre both happy with the same iteration of the bill. If the Senate makes amendments, the House needs to approve those amendments, and vice versa.
In this case if the House approves, it will become an act of law. If they disapprove, they will make changes (which will take forever) and send it back to the Senate (which will take forever).
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Everyone is looking at the camera except Tim Worner. Something, or someone, else caught his eye?
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I think weâve also been so interested in whatâs been happening here, and maybe ignored the greater issues which arenât being addressed by parliament:
âŚthe deal is not as good as it looks if you know the history and the context.
âŚthe crisis engulfing commercial media, and particularly public interest journalism, has deepened.
âŚthe deal that Nick Xenophon and his team have secured for a $60 million fund to make grants to independent and regional publishers is hardly a new idea. Whatâs missing is the levy on Google and Facebook and other publishers of size.
âŚ
Underlying the legal changes is the simple fact that it wonât be ownership legislation that determines the future of media. Rather, it will be the speed of technological change and the success or otherwise in adjusting to it. Government could make real contributions here, but there is no sign of the necessary understanding or vision.
âŚ
Google and Facebook have quickly become the most powerful publishers the world has ever known, feeding partly the content created by legacy media. Most online advertising revenue flows their way, and most young people consume news through their apps â regardless of where the journalists who wrote the news are employed.It is the future employment of those journalists that is the most important issue in all thisâŚ
âŚthere are real deficits emerging in our capacity to satisfy the information needs of a democratic society. The crisis is in the hollowing-out of the traditional, non-glamorous, non-award-winning yet essential reporting of state parliaments, courts, local governments and other local public events and issues.
None of the new players report state affairs in detail, do a solid job of court reporting, or touch local government except when there is a national issue at stake (such as citizenship ceremonies and Australia Day). Meanwhile legacy media has withdrawn from the local.
How are dubious apartment buildings approved? How is it that flammable cladding endangers residentsâŚ
âŚyou have more chance of finding out what Malcolm Turnbull had for dinner than why there were half a dozen ambulances at the end of your street last night, or what the water quality is in the local river, or what is happening with the eyesore half completed building in your main street that hasnât been touched for years, or whatâs happening to crime levels in your area, or whether the local police station is under-staffed and why the local school principal has suddenly been moved on.
âŚone step forward following several steps backwards.
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His lawyer, probably.
A little piece in The Australian today about Greg Heywood CEO of Fairfax, that the forthcoming AGM notice âreveals that a big chunk of Hywoodâs long-term incentive payment for the current financial year is tied to a top-secret âstrategic measureââ. I wonder if the secret project has anything to do with a possible media merger?
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Nine-Fairfax Megacorp Inc. please.
$30 million to Foxtel on behalf of the taxpayer buys the minister a set of cufflinks
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Thatâs disgusting.
These reforms were always just to placate news corp. so fucken corrupt
Nobody seems to be reporting that the amendments to the new Media Reforms were passed by the House of Representatives today.
That means they have now officially passed both houses and are just awaiting the sign off of Royal Ascension.
These are usually done fairly quickly. So the Broadcasting Media Reforms could be in law later this week.
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Itâs was already reported by Mumbrella.
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