The deal will secure extra funding for the ABC and delivers passage of Labor's heavily contested new streaming regulation amid mounting scrutiny from the Trump administration.
Media
US lawmakers have urged Canada to rescind regulation on streaming services, while the Coalition is pushing for an inquiry into Labor's plans to impose quotas in Australia.
The work marks an escalation in tensions between Trump administration officials and the Albanese government over the proposed framework, as Labor races to pass the legislation.
In a note to staff on Tuesday, Shields said he would step aside as editor of Nine’s Sydney metro masthead to focus on his health and wellbeing.
Arts Minister Tony Burke is expected to turn to the Greens to secure a deal to push Labor’s streaming quotas through the Senate this week amid rising US scrutiny.
The US Embassy has directly raised concerns about the policy in Canberra, raising the stakes for the Albanese government as it pursues an aggressive tech reform agenda.
The Albanese government streaming quotas face scrutiny in the Senate, and potentially an inquiry, following a tepid response from the Coalition, Greens and at least one independent.
Labor is pushing ahead with its News Bargaining Incentive and streaming quotas, betting Canberra’s agenda can survive US scrutiny and avoid a Trump backlash.
The government is confident its plan to make global streamers invest more in Australian content complies with trade rules despite industry concern.
Journalists at the public broadcaster are gearing up for industrial action as unions clash with management over pay, job security and a breakdown in trust.
At the company’s AGM, investors had a message for the billionaire: patience is wearing thin for Seven’s plans on executive pay, and its falling market value.
His private vehicle Consolidated Press reported a profit of $323.9 million on revenues of $5.9 billion in the last financial year, and it will pay a $110 million dividend.
Fresh documents filed with the corporate regulator show the regional TV operator swung to an $8.6 million loss in the 12 months to 30 June.
Seven chief Jeff Howard has been thrust into the firing line of investors by the influential proxy advisory CGI Glass Lewis ahead of the company's AGM this week.
The publisher, which says it is now profitable, will offer a range of services targeting C-suites and boardrooms trying to figure out how to engage Gen Z.
The nation’s largest domestic media company faces the prospect of a second strike at its AGM next month, after a powerful proxy advisor urged investors to vote against its remuneration report.
The offer falls short of staff’s 5.5% pay demand, but the ABC claims it is better than several of the offers made at other media organisations in recent years.
The media union has lashed out at "disrespectful attacks" on Australian journalists by the US president, following a meeting with the Prime Minister widely viewed as a roaring success.
The Albanese government is preparing to announce new details on enforcing its world-first teen social media ban amid uncertainty over which platforms will be covered.
ABC boss Hugh Marks walked away from his first Senate Estimates appearance largely unscathed. But criticism arrived when his partner was appointed to the board of a betting firm.
The launch of OpenAI's updated video model Sora 2 has fuelled mounting concerns over copyright violations amid an escalating battle over the prospect of Australian copyright reform.
The activist hedge fund has told investors it will push ahead with its effort to spill the Southern Cross board and change its constitution at its annual general meeting next month.