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Media Ownership Chart
In 1983, 50 corporations controlled the vast majority of all news media in the U.S. At the time, Ben Bagdikian was called "alarmist" for pointing this out in his book, The Media Monopoly . In his 4th edition, published in 1992, he wrote "in the U.S., fewer than two dozen of these extraordinary creatures own and operate 90% of the mass media" -- controlling almost all of America's newspapers, magazines, TV and radio stations, books, records, movies, videos, wire services and photo agencies. He predicted then that eventually this number would fall to about half a dozen companies. This was greeted with skepticism at the time. When the 6th edition of The Media Monopoly was published in 2000, the number had fallen to six. Since then, there have been more mergers and the scope has expanded to include new media like the Internet market. More than 1 in 4 Internet users in the U.S. now log in with AOL Time-Warner, the world's largest media corporation. In 2004, Bagdikian's revised and expanded book, The New Media Monopoly , shows that only 5 huge corporations -- Time Warner, Disney, Murdoch's News Corporation, Bertelsmann of Germany, and Viacom (formerly CBS) -- now control most of the media industry in the U.S. General Electric's NBC is a close sixth. Who Controls the Media? Parent General Electric Time Warner The Walt Viacom News Company Disney Co. Corporation $100.5 billion $26.8 billion $18.9 billion 1998 revenues 1998 revenues $23 billion 1998 revenues $13 billion 1998 revenues 1998 revenues Background GE/NBC's ranks No. -
The Donald Trump-Rupert Murdoch Relationship in the United States
The Donald Trump-Rupert Murdoch relationship in the United States When Donald Trump ran as a candidate for the Republican presidential nomination, Rupert Murdoch was reported to be initially opposed to him, so the Wall Street Journal and the New York Post were too.1 However, Roger Ailes and Murdoch fell out because Ailes wanted to give more positive coverage to Trump on Fox News.2 Soon afterwards, however, Fox News turned more negative towards Trump.3 As Trump emerged as the inevitable winner of the race for the nomination, Murdoch’s attitude towards Trump appeared to shift, as did his US news outlets.4 Once Trump became the nominee, he and Rupert Murdoch effectively concluded an alliance of mutual benefit: Murdoch’s news outlets would help get Trump elected, and then Trump would use his powers as president in ways that supported Rupert Murdoch’s interests. An early signal of this coming together was Trump’s public attacks on the AT&T-Time Warner merger, 21st Century Fox having tried but failed to acquire Time Warner previously in 2014. Over the last year and a half, Fox News has been the major TV news supporter of Donald Trump. Its coverage has displayed extreme bias in his favour, offering fawning coverage of his actions and downplaying or rubbishing news stories damaging to him, while also leading attacks against Donald Trump’s opponent in the 2016 presidential election, Hillary Clinton. Ofcom itself ruled that several Sean Hannity programmes in August 2016 were so biased in favour of Donald Trump and against Hillary Clinton that they breached UK impartiality rules.5 During this period, Rupert Murdoch has been CEO of Fox News, in which position he is also 1 See e.g. -
AUSTRALIA MEDIA 8 June 2021
Up to date business Industry intelligence reports covering developments in the world’s SnapShots fastest growing industries N0.: 26801 Follow us on : AUSTRALIA MEDIA 8 June 2021 This Week’s News • Reuters – Australian financial crime watchdog widens probe on casinos already reeling from COVID – 7/6/2021 Australia’s anti-money-laundering agency on Monday widened a probe into due diligence at casinos to include the three biggest operators, ratcheting up pressure on a sector already Contents struggling with the pandemic and heightened regulatory scrutiny. For the complete story, see: https://www.reuters.com/business/australian-watchdog-widens-crown-casino-probe- • News and Commentary adds-nz-owned-skycity-2021-06-06/ • Media Releases • Argus Media – Australia’s Gladstone port diversifies May coal exports – 7/6/2021 Above-average coal shipments to Japan, India and South Korea from Australia’s port of • Latest Research Gladstone in Queensland, as well as diversification into new markets, partially offset a lack of • The Industry sales to China. For the complete story, see: https://www.argusmedia.com/en/news/2222125-australias-gladstone-port-diversifies- • Leading Companies in the Industry may-coal-exports • Reuters - Australian media fined $840,000 for gag order breach in Pell sex assault case – 4/6/2021 An Australian court on Friday ordered a dozen media firms to pay a total of A$1.1 million ($842,000) in fines for breaching a suppression order on reporting the conviction. For the complete story, see: https://www.reuters.com/world/asia-pacific/australian-court-fines-media-breach-suppression- -
Form 10-K Filed by News Corp with SEC
ASX Announcement 11 August 2021 Form 10-K filed by News Corp with SEC On behalf of REA Group Ltd (ASX:REA) please find attached Form 10-K as filed by News Corp with the SEC for Q4 FY21 -ends- For further information, please contact: REA Group Ltd Investors: REA Group Ltd Media: Graham Curtin Prue Deniz General Manager Group Reporting Executive Manager Corporate Affairs P: +61 3 8456 4288 M: + 61 438 588 460 E: [email protected] E: [email protected] The release of this announcement was authorised by Tamara Kayser, Company Secretary. About REA Group Ltd: (www.rea-group.com): REA Group Ltd ACN 068 349 066 (ASX:REA) (“REA Group”) is a multinational digital advertising business specialising in property. REA Group operates Australia’s leading residential and commercial property websites – realestate.com.au and realcommercial.com.au – as well as the leading website dedicated to share property, Flatmates.com.au. REA Group owns Smartline Home Loans Pty Ltd and Mortgage Choice Ltd, Australian mortgage broking franchise groups, and PropTrack Pty Ltd, a leading provider of property data services. In Australia, REA Group holds strategic investments in Simpology Pty Ltd, a leading provider of mortgage application and e-lodgement solutions for the broking and lending industries; Realtair Pty Ltd, a digital platform providing end-to-end technology solutions for the real estate transaction process, Campaign Agent Pty Ltd, Australia’s leading provider of Buy Now Pay Later solutions for the Australian real estate market and Managed Platforms Pty Ltd, an emerging Property Management software platform. -
What Killed Australian Cinema & Why Is the Bloody Corpse Still Moving?
What Killed Australian Cinema & Why is the Bloody Corpse Still Moving? A Thesis Submitted By Jacob Zvi for the Degree of Doctor of Philosophy at the Faculty of Health, Arts & Design, Swinburne University of Technology, Melbourne © Jacob Zvi 2019 Swinburne University of Technology All rights reserved. This thesis may not be reproduced in whole or in part, by photocopy or other means, without the permission of the author. II Abstract In 2004, annual Australian viewership of Australian cinema, regularly averaging below 5%, reached an all-time low of 1.3%. Considering Australia ranks among the top nations in both screens and cinema attendance per capita, and that Australians’ biggest cultural consumption is screen products and multi-media equipment, suggests that Australians love cinema, but refrain from watching their own. Why? During its golden period, 1970-1988, Australian cinema was operating under combined private and government investment, and responsible for critical and commercial successes. However, over the past thirty years, 1988-2018, due to the detrimental role of government film agencies played in binding Australian cinema to government funding, Australian films are perceived as under-developed, low budget, and depressing. Out of hundreds of films produced, and investment of billions of dollars, only a dozen managed to recoup their budget. The thesis demonstrates how ‘Australian national cinema’ discourse helped funding bodies consolidate their power. Australian filmmaking is defined by three ongoing and unresolved frictions: one external and two internal. Friction I debates Australian cinema vs. Australian audience, rejecting Australian cinema’s output, resulting in Frictions II and III, which respectively debate two industry questions: what content is produced? arthouse vs. -
Academic Standards for Marketing in the Australian Higher Education Context Page I
ACADEMIC STANDARDS FOR MARKETING IN THE Released AUSTRALIAN HIGHER September 2012 EDUCATION CONTEXT Prepared by the Marketing Learning Outcomes Working Party, sponsored by the Australian Business Deans Council. More information on the project can be found at www.MarketingLearningOutcomes.com Table of Contents Background.................................................................................................................................................. 1 Discipline Threshold Standards ................................................................................................................. 2 Scope of the Project .................................................................................................................................... 2 External standards and provider diversity ............................................................................................. 2 Definitions of Bachelor and Masters Degree in marketing .................................................................. 3 Content within marketing degrees ......................................................................................................... 3 Marketing content ................................................................................................................................... 4 Masters versus Bachelor Degrees ......................................................................................................... 4 Guiding Principles....................................................................................................................................... -
It Failure and the Collapse of One.Tel
IT FAILURE AND THE COLLAPSE OF ONE.TEL David Avison and David Wilson ESSEC Business School, Cergy-Pontoise, France and University of Technology, Sydney, Australia Abstract: There are a number of cases about IS failure. However, few suggest that the IS failure led to the downfall of the business. This paper examines the information technology strategies employed by the high-profile Australian telecommunications company One. Tel Limited and assesses the extent to which a failure of those strategies may have contributed to, or precipitated, One.Tel's downfall. With increased reliance on technology in business and its sophistication, potentially catastrophic failures may be more common in the future One. Tel was founded in 1995 as an Australian telecommunication company and ceased trading in 2001. In the middle of 1999, the focus of the company changed towards the building of a global business, geared to the delivery of media content. We argue that the IT strategies operating within One. Tel were not adapted to meet the rapid growth that ensued. Further, we suggest that the information technology approaches that had served adequately in the early years were not appropriate for its later ambitions. Most importantly, we discuss the failure of its billing system in relation to published frameworks of IT failure as well as the importance of getting such basic systems right. We argue that these frameworks do not cover well the One. Tel case and we put forward a new category ofIT failure, that of 'business ethos' Key words: IS failure, One. Tel, IS strategy, Business ethos, Case study 1. -
News Corporation 1 News Corporation
News Corporation 1 News Corporation News Corporation Type Public [1] [2] [3] [4] Traded as ASX: NWS ASX: NWSLV NASDAQ: NWS NASDAQ: NWSA Industry Media conglomerate [5] [6] Founded Adelaide, Australia (1979) Founder(s) Rupert Murdoch Headquarters 1211 Avenue of the Americas New York City, New York 10036 U.S Area served Worldwide Key people Rupert Murdoch (Chairman & CEO) Chase Carey (President & COO) Products Films, Television, Cable Programming, Satellite Television, Magazines, Newspapers, Books, Sporting Events, Websites [7] Revenue US$ 32.778 billion (2010) [7] Operating income US$ 3.703 billion (2010) [7] Net income US$ 2.539 billion (2010) [7] Total assets US$ 54.384 billion (2010) [7] Total equity US$ 25.113 billion (2010) [8] Employees 51,000 (2010) Subsidiaries List of acquisitions [9] Website www.newscorp.com News Corporation 2 News Corporation (NASDAQ: NWS [3], NASDAQ: NWSA [4], ASX: NWS [1], ASX: NWSLV [2]), often abbreviated to News Corp., is the world's third-largest media conglomerate (behind The Walt Disney Company and Time Warner) as of 2008, and the world's third largest in entertainment as of 2009.[10] [11] [12] [13] The company's Chairman & Chief Executive Officer is Rupert Murdoch. News Corporation is a publicly traded company listed on the NASDAQ, with secondary listings on the Australian Securities Exchange. Formerly incorporated in South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. At present, News Corporation is headquartered at 1211 Avenue of the Americas (Sixth Ave.), in New York City, in the newer 1960s-1970s corridor of the Rockefeller Center complex. -
Nine Entertainment Co. 2014 Annual Report
annual report 2014 For personal use only Contents: 2014 Highlights 2 • Chairman’s Report 4 Chief Executive Officer’s report 6 • Television 10 Live 12 • Digital and Ventures 14 • Board of Directors 18 Directors’ Report 20 • Remuneration Report 25 Operating and Financial Review 39 • Corporate Governance 44 Financial Report 55 • Shareholder information 119 Corporate directory 121 AGM: the annual general meeting of the Company will take place at 10.00am (AEST) on Wednesday, 19 November at Level 37, 2 Park Street, Sydney NSW. touching 11.7m With its pre-eminent suite of media assets, strong balance sheet and broad management expertise, Nine Entertainment is uniquely positioned as Australia’s leading media and entertainment company. 1990 1997 2007 2010 2011 WIN affiliation ninemsn Acquired Ticketek Nine Network Mi9 formed agreement with Nine joint venture and Sydney launched digital as umbrella to Network commenced established Superdome ^ channel, GEM digital businesses For personal use only A rich and vibrant history of media and entertainment in Australia 1956 1992 2007 2009 2011 Nine Network NBN becomes Nine’s Acquired NBN Nine Network launched New investment in Established affiliate in Northern digital channel, Go! Yellow Brick Road New South Wales ^ with its long-term lease over Allphones Arena nine entertainment co. holdings limited abn 122 203 892 touching 11.7m australian lives August 2014 December SVOD Joint 2012 July 2013 November 2013 2013 Venture with Divestment of Acquired Nine Acquired Microsoft’s Listed on the Australian April 2014 Fairfax Media ACP Magazines Adelaide 50% interest in Mi9 Securities Exchange Tipstone formed established For personal use only ➜ 2013 September 2013 November 2013 January 2014 June 2014 Divestment of Acquired Nine Perth Daily Mail Australia Move to 1 hour News Debt refinancing interest in iSelect Joint Venture established completed Annual Report 2014 1 Operational highlights In FY14, our first result following the December 2013 IPO, NEC exceeded Prospectus forecasts at every level. -
Media Stars and Neoliberal News Agendas in Indigenous Policymaking Kerry Mccallum and Lisa Waller
13 Media stars and neoliberal news agendas in Indigenous policymaking Kerry McCallum and Lisa Waller Introduction Our essay uses a media studies lens to examine the ascendancy of neoliberal policy agendas in Indigenous affairs. The Media and Indigenous Policy project1 has been investigating the dynamic interplay between news media and the complex, politically sensitive and uneven bureaucratic field of Indigenous affairs. A particular focus has been to investigate the news media’s power to construct problems and suggest solutions in the Indigenous policy field. This essay draws on that research to argue that conservative news outlets have sponsored a narrow range of Indigenous voices to articulate and promote neoliberal policy agendas to government. We examine how The Australian newspaper, as the keystone media on Indigenous affairs, was integral to the rise of Noel Pearson as the singular influence on Indigenous affairs. In doing so, we acknowledge and pay tribute to the thinking of Jon Altman in the development of our ideas, and for his support throughout this project. Altman’s public discussion 1 Australian News Media and Indigenous Policymaking 1988–2008 (DP0987457). 171 ENGAGING INDIGENOUS ECONOMY of the 2007 Northern Territory Emergency Response made him one of the few Australian public intellectuals to think and act outside the dominant neoliberal discourse on Indigenous policy. Neoliberal agendas in Indigenous affairs policy The constructivist approach to policymaking (Colebatch 2002, Bacchi 2009) foregrounds the discursive battles that frame some issues as problems to be solved and enable some solutions to be heard more clearly than others. This approach problematises the dominant assumption that Indigenous affairs is ‘intractable’, ‘wicked’ or an area of ‘policy failure’, and helps explain sharp swings and occasional dramatic announcements such as the 2007 Northern Territory Emergency Response (NTER or Intervention). -
ACMA Investigation Into Coverage by Australian Television Broadcasters of the Christchurch Terrorist Attack
ACMA investigation into coverage by Australian television broadcasters of the Christchurch terrorist attack JULY 2019 Canberra Red Building Benjamin Offices Chan Street Belconnen ACT PO Box 78 Belconnen ACT 2616 T +61 2 6219 5555 F +61 2 6219 5353 Melbourne Level 32 Melbourne Central Tower 360 Elizabeth Street Melbourne VIC PO Box 13112 Law Courts Melbourne VIC 8010 T +61 3 9963 6800 F +61 3 9963 6899 Sydney Level 5 The Bay Centre 65 Pirrama Road Pyrmont NSW PO Box Q500 Queen Victoria Building NSW 1230 T +61 2 9334 7700 or 1800 226 667 F +61 2 9334 7799 Copyright notice https://creativecommons.org/licenses/by/4.0/ With the exception of coats of arms, logos, emblems, images, other third-party material or devices protected by a trademark, this content is made available under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) licence. We request attribution as © Commonwealth of Australia (Australian Communications and Media Authority) 2019. All other rights are reserved. The Australian Communications and Media Authority has undertaken reasonable enquiries to identify material owned by third parties and secure permission for its reproduction. Permission may need to be obtained from third parties to re-use their material. Written enquiries may be sent to: Manager, Editorial Services PO Box 13112 Law Courts Melbourne VIC 8010 Email: [email protected] Executive summary A terrorist attack live streamed by its alleged perpetrator On 15 March 2019 a violent terrorist attack took place in Christchurch, New Zealand leading to a large number of deaths and significant injuries to many innocent people. -
Australia's System of Government
61 Australia’s system of government Australia is a federation, a constitutional monarchy and a parliamentary democracy. This means that Australia: Has a Queen, who resides in the United Kingdom and is represented in Australia by a Governor-General. Is governed by a ministry headed by the Prime Minister. Has a two-chamber Commonwealth Parliament to make laws. A government, led by the Prime Minister, which must have a majority of seats in the House of Representatives. Has eight State and Territory Parliaments. This model of government is often referred to as the Westminster System, because it derives from the United Kingdom parliament at Westminster. A Federation of States Australia is a federation of six states, each of which was until 1901 a separate British colony. The states – New South Wales, Victoria, Queensland, Western Australia, South Australia and Tasmania - each have their own governments, which in most respects are very similar to those of the federal government. Each state has a Governor, with a Premier as head of government. Each state also has a two-chambered Parliament, except Queensland which has had only one chamber since 1921. There are also two self-governing territories: the Australian Capital Territory and the Northern Territory. The federal government has no power to override the decisions of state governments except in accordance with the federal Constitution, but it can and does exercise that power over territories. A Constitutional Monarchy Australia is an independent nation, but it shares a monarchy with the United Kingdom and many other countries, including Canada and New Zealand. The Queen is the head of the Commonwealth of Australia, but with her powers delegated to the Governor-General by the Constitution.