Another new all time low for TEN’s share price. Ten can’t spin that.
Heading to 10c again unless something drastic happens.
1 Like
They do nothing. They aren’t expanding the business therefore they aren’t gaining larger revenue share. The sit there and twiddle their thumbs. Content is king in this new media landscape and they have done fuck all in that regard in offering expanded content offerings across multi platforms.
5 Likes
All cricket rights are a must have for Ten now. Not just Big Bash but all cricket. They then need to look at dealing with foxtel to show international series on ONE. That is simply the only way I can see Ten improving.
3 Likes
Ten used to be the risk taker, always considering itself “irreverent”. But the failed news revolution i think has scarred them for life and they seem to now just be content as a “lite” version of 7 and 9 rather than offer any real point of difference. And that’s biting them on the ar$e now.
5 Likes
Network Ten Welcomes New Gender Equality Report.
Network Ten welcomed the release of the Male Champions of Change’s (MCC) Progress Report 2016, an annual review that reveals the progress major Australian employers are making in achieving equality for women in the workplace.
Network Ten Chief Executive Officer, Paul Anderson, is a founding member of the MCC, the aim of which is to achieve a significant and sustainable increase in the representation of women in leadership roles in major organisations across Australia.
Key findings related to Network Ten in the MCC Progress Report 2016 included:
• 50% of Network Ten’s key management personnel are women, the highest proportion among the organisations surveyed for the report.
• 52.6% of Network Ten’s senior managers are women, the second highest proportion among the organisations surveyed for the report.
• 61% of the staff hired by Network Ten during 2016 were women.
Over the past three years, Network Ten has introduced a number of programs to improve gender equality in the workplace.
Those programs include All Roles Flexible At Ten, an initiative that was introduced in late 2015 to encourage all staff to balance their work lives with their personal needs by making their work hours and conditions flexible.
During 2015-16, Network Ten significantly narrowed the pay gap between its male and female staff. According to the Workplace Gender Equity Agency, Network Ten now has the smallest pay gap in the local media industry.
Network Ten has also worked with the CEO Challenge Australia and White Ribbon Australia to introduce a range of programs to educate its staff about domestic and family violence, and to assist employees who are victims of such violence.
Mr Anderson said: “Our commitment to gender equity extends to all areas of the company, from our coverage of the Rebel Women’s Big Bash League to a range of staff initiatives.
“It has been through my participation in the MCC that we have continued to expand our range of initiatives to support women.
“We have taken action on pay equity, on female representation on our Board and in senior leadership, on domestic violence and on flexible working,” he said.
“This work needs to continue to break down gender barriers and improve gender equity in the workplace. Our efforts need to cover all aspects of our business, but we are making good progress in creating a more inclusive and supportive organisation.”
2 Likes
Network Ten breaches rules about political matter
Network Ten’s Perth licensee has breached the Broadcasting Services Act 1992 (the BSA) by not broadcasting the ‘required particulars’ following the broadcast of political matter. Required particulars include the name of the person or organisation who authorised the broadcast.
The Australian Communications and Media Authority investigated the broadcast on 7 September 2016 of an advertisement for ‘notbornyet’, a campaign run by the organisation Emily’s Voice.
The ACMA investigation followed a complaint that the advertisement constituted political matter and that the required particulars had not been broadcast immediately afterwards, in accordance with the standard licence condition in Schedule 2 to the BSA.
The ACMA found that the advertisement constituted political matter as it sought not only to influence the personal choices made by people experiencing an unwanted pregnancy but also to influence public opinion about abortion and its regulation, as part of the political process.
The BSA requires that all broadcasting licensees must cause the required particulars to be broadcast immediately after they broadcast political matter at the request of another person. Political matter is not confined to material broadcast in the context of an election campaign.
This ensures that:
• listeners and viewers are informed about who is trying to persuade them to think or to act in response to political matters
• people authorising this type of material are accountable for it.
It is important to note that the rules do not seek to prevent the publication of material, merely to ensure transparency as to its origins.
In response to the ACMA’s findings, the licensee has undertaken to work with Commercials Advice at Free TV to incorporate the finding into the commercials review process and training in relation to advertising.
A copy of the investigation is available on the webpage version of this release.
Sounds trivial to me. If Emily’s List did not provide the name of the person who authorised the ad, it should be the organisation not Ten which should be reprimanded by ACMA.
Also, I have seen Federal government TV ads on quitting smoking and encouraging girls to get active. Both are non political yet they still have “authorised by the Australian Government, Canberra” and names of speakers at the end. I think the rules are too rigid.
As the broadcaster, Ten are responsible for everything they broadcast. It is their job to make sure the the organization provides what is required to meet the broadcasting act.
Based purely on the fact that it is a message from the Government, it is of a political nature.
Ten disagrees with ACMA finding on Emily’s List ad
The television network says the Australian Communications and Media Authority’s (ACMA) ruling may draw too many advertisements into the scope of political advertising if it covers any issue that is regulated or not or has ever been the subject of political debate.
“The advertisement had been cleared by Commercials Advice [Division of Free TV] partly based on previous ACMA decisions on what does and does not constitute political matter,” a network spokesman said on Thursday.
“It was not broadcast during an election period or during a period when there was any level of active public debate about the regulatory framework for abortion in Western Australia.”
A spokeswoman for Free TV, which advised Ten, said broadcasting it as a non-political ad “complied with relevant regulatory requirements” and it will review the ACMA’s decision.
Network Ten Announces Melbourne Executive Appointments
Network Ten today announced the appointment of Toni Skaife as General Manager, Melbourne and Content Business Affairs, and the appointment of Rod Prosser as Executive General Manager, Revenue and Client Partnerships, based in Melbourne.
Ms Skaife was previously Head of Production and Business Affairs, and takes up her new role immediately. As General Manager, Melbourne, she will report to Network Ten Chief Executive Officer, Paul Anderson. In her Content Business Affairs role, she will continue to report to Network Ten Chief Content Officer, Beverley McGarvey.
Mr Prosser, who was previously Director of Revenue and Client Partnerships and General Manager for Network Ten in south-east Queensland, maintains his national revenue and client responsibilities and will relocate to Melbourne in mid-2017. He will continue to report to Mr Anderson. His successor in south-east Queensland will be announced soon.
Mr Anderson said: “The appointment of Toni Skaife to this new role and the relocation of Rod Prosser to Melbourne represents a significant strengthening of Ten’s management team in Melbourne.
“Melbourne is a vitally important market to Ten, in terms of both our productions and our advertising and media partnerships.
“Network Ten has a very strong connection to the television production industry in Melbourne. Many of our key productions are made in Melbourne, including MasterChef Australia, The Project, Have You Been Paying Attention?, Family Feud, Offspring, The Wrong Girl and Neighbours,” he said.
“Ten and our partner Multi Channel Network [‘MCN’] also have very strong relationships with important advertisers and agencies in the Melbourne market.
“Toni and Rod are two of our best and most experienced senior executives and I am delighted that they have agreed to take on these new roles,” Mr Anderson said.
2 Likes
More executive appointments that do nothing to grow revenue or grow content or innovation. The place is a mess. Certainly not reflective of a major media company in the 21st century.
Luke will be happy that Melbourne is seen to be so important.
5 Likes
Ten Network Holdings Board Change
The Board of Ten Network Holdings (ASX: TEN) (“TEN” or “the Company”) announced the resignation of Siobhan McKenna as a Non-Executive Director, effective 15 March 2017.
Ms McKenna has been a Non-Executive Director of TEN since June 2012 and has been a member of the Company’s Audit, Nomination and Remuneration committees.
TEN Chairman David Gordon said: “I would like to thank Siobhan for her valuable and important contribution to the Board and the Company, and to wish her the very best for the future.”
TEN understands that, for the time being, Ms McKenna’s nominating shareholder Illyria does not propose to nominate a replacement on the Board of TEN.
Ten Lacks Revenue, Only Hope for Survival is Media Reform.
[citation needed]
5 Likes
Interesting article from Tim Burrowes at Mumbrella on the outlook for Network Ten
Just how much trouble is Ten in? (Answer: A lot more than you probably realise)
Ten is facing a financial crunch within weeks - and even without board representation, shareholder Lachlan Murdoch will be the key player in the future of the network, reports Mumbrella’s Tim Burrowes
6 Likes
Perfect chance for News Corp though if any media reforms are passed. Labor is happy for reach rule to go, correct? But not the 2 out of 3 rule which is what would work here.
News Corp can swoop in on Ten at any time, they don’t need the laws the change.
Notice of First Half 2017 Financial Results.
Ten Network Holdings Limited (ASX: TEN) will announce its results for the six months to 28 February 2017 on Thursday, 27 April 2017.
Let’s hope the cheque doesn’t bounce for that super sized order of red ink they’ll be needing.
12 Likes