Nine Entertainment Co.
ASX:NEC
Amazon Prime Video and Optus Sport are among the services expected to face similar, if not tougher gambling ad restrictions than TV broadcasters as the government moves to quell a backlash.
Foxtel’s HBO content rights look shaky as News Corp moves to sell the company — but it is uncertainty that any potential buyer has likely already considered.
While a US private equity firm has already been named as a logical acquirer of Foxtel, there's rampant speculation a party much closer to home could also be interested.
Staff representatives will meet Nine management shortly after 11am on Wednesday in a bid to resume pay negotiations following a historic five-day strike.
Strike action at Nine has already hamstrung the company’s coverage of the Paris Olympics, and on Monday scuppered plans to host ministers and regulators at a summit in Canberra.
Leadership changes at legacy mastheads like the AFR are rarely simple, or bloodless. But the succession underway at the national business publication comes at a pivotal juncture for the title - and its parent company.
Revelations of a legal battle between Rupert Murdoch and three of his children come at a time when the influence of the mogul and the media industry more broadly is waning.
Journalists from The Sydney Morning Herald, The Age, and the Australian Financial Review have walked off the job in numbers for the first time since 2017, when they were still owned by Fairfax Media.
The strike action threatens to derail Nine’s coverage of the Paris Olympics, the opening gambit on CEO Mike Sneesby's $305m bet on the games through to 2032.
Unionised staff at The Sydney Morning Herald, The Age, and the Australian Financial Review are set to take industrial action for the first time since they were owned by Fairfax Media in 2017.
The warning comes just weeks after the company announced that it would cut 200 jobs in response to Meta's decision to scrap media deals, and as the government nears a decision on 'designating' the social media behemoth
The youth publisher will also shed licences to the Vice, Refinery29 and Gizmodo brands as part of the changes, which come in the throes of a company-wide cost-cutting program at Nine Entertainment.
The growing appetite for action in Nine's publishing division could see a newspaper staff strike for the first time since they walked off the job in 2017.
In a Monday town hall meeting over Nine's proposed job cuts, Nine's managing director of publishing Tory Maguire confirmed that the Meta money is no longer flowing.
Unionised staff across Nine's publishing division backed a vote of no confidence in CEO Mike Sneesby and Nine's board.
The deals publishers struck with Meta in 2021 are a focus of the government's social media inquiry after the tech giant announced it would not willingly renew them.
The nation’s largest domestic media company is being scrutinised by the state workplace regulator following allegations of inappropriate behaviour.
The replacement for Peter Costello as Nine chair is already facing questions about her suitability for the role, following a past clash with the company's own newspapers.
Peter Costello has resigned as chairman of Nine Entertainment.
Rather than just producing the news, Australia's legacy media companies can't seem to stop making headlines about their own troubles.
The Nine chairman is expected to dig in and cling to power, but there is a growing sense chief executive Mike Sneesby is still vulnerable.
In an email to all staff on Thursday, Sneesby announced the scope of an independent review that will be conducted by the firm Intersection, following a fortnight-long crisis at the company.
The Nine chief executive has been in contact with directors ahead of a board meeting, as crisis envelops the company.
Lawyers have told Capital Brief any potential findings of broader cultural issues could leave Nine vulnerable to enforcement under new workplace laws passed in December.
The investigation, which staff from across Nine’s television news division were told would likely be conducted by an external firm, was announced along with a string of other initiatives including a new hotline.
Mike Sneesby has returned to Australia on the heels of a week of scandal for the company capped off by fresh allegations against former executive Darren Wick published in the pages of one of its own newspapers.
Some directors of the country's largest domestic media company are aggrieved at the way a complaint against a former executive was handled.
Australia's largest domestic media company told a private investor briefing it has been experimenting with generative AI to produce content in parts of its business and that it is in deal talks with Google.
A string of documents obtained by Capital Brief provide the most detailed account yet of what the government has called on the ACCC to provide and how, as it considers its next steps in Australia's standoff with Meta.
The head of Australia's largest domestic media company has criticised Facebook's parent Meta for walking away from deals with news publishers but declined to detail how the company would manage the fallout.
The regulatory call marks an escalation in the efforts of Australian media companies to chase payment from generative AI companies for the use of their content to train AI products.
Shares in the TV, publishing and digital media company are down 27.5% this year and trading near their lowest levels since the pandemic in mid-2020.
In an email to staff, Nine management said the post-pandemic advertising bubble had "well and truly burst" and that the challenged revenue environment justified a lower pay increase than staff had expected.
The move to prohibit staff from signing petitions and open letters comes as management and staff prepare to negotiate a fresh pay deal.
The proposed deal would deliver an 8% pay bump for staff in the first year, followed by 6% increases in the second and third years.