Australia & NZ

Fairfax Australia’s Online Revs 13.7 Percent of Overall Earnings - 0 Comments
Posted By Rafat Ali - Sun 11 Feb 2007 04:20 PM PST

Fairfax, Australia’s second-biggest newspaper publisher, has reported its half-yearly results, and it earnings declined 2.7 percent on weak ad demand in its major markets. Earnings fell to A$121.4 million in…

Australia’s Fairfax Digital Buys Parenting Website Essential Baby For About $3.15 Million - 1 Comment
Posted By James Quintana Pearce - Tue 23 Jan 2007 07:47 PM PST

Updated: The Thomson deals database says the deal value was worth about USD$3.15 million. Fairfax Digital, the digital arm of Australian media giant Fairfax, has bought parenting website Essential Baby,…

Industry Moves: Cecillon Promoted To Chairman & CEO EMI Music Int,; Hanson To COO, EMI Music - 0 Comments
Posted By Staci D. Kramer - Thu 18 Jan 2007 10:42 AM PST

The restructuring continues as EMI Group CEO Eric Nicoli puts his stam on EMI Music now that he has taken direct operating responsibility. Today’s batch includes: -- The formation of…

ADVERTISE ON PAIDCONTENT

Internet Portals Fighting For Relevance - 0 Comments
Posted By James Quintana Pearce - Thu 04 Jan 2007 08:30 AM PST

Internet portals are fighting to avoid going the way of ISP portals, with some people arguing that more and more people are customizing their homepage and using search to get…

Cricket Australia Goes Rights Crazy; Online Fair Use Negotiations Stalled - 0 Comments
Posted By Rafat Ali - Thu 21 Dec 2006 10:00 AM PST

More in the moronic behavior from Australian cricket authorities: after banning online video coverage of the much-anticipated battle Ashes series between Australia and England, Cricket Australia is now intent on…

Australian Digital Media Firm Destra Acquires Video Sharing Site NiceShorts - 0 Comments
Posted By Rafat Ali - Sun 17 Dec 2006 05:05 PM PST

The online video sharing consolidation has also hit Australia: Australian independent music and media company Destra has acquired local video sharing site NiceShorts. The company says the acquisition would give…

Social Networking Site Minti Gets Another Million - 0 Comments
Posted By Rafat Ali - Wed 13 Dec 2006 10:18 AM PST

Australian social networking site Minti, aimed at parents, has raised another $0.95 million in funding, following a similar round earlier this year. The company has also purchased a strategic stake…

Telecom New Zealand In Online JV With Yahoo7; MSN Kicked Out - 0 Comments
Posted By Rafat Ali - Tue 12 Dec 2006 07:36 PM PST

Telecom New Zealand, the biggest telco in the country, has formed a joint venture with Yahoo!7 (the Australian JV that Yahoo has with media company Seven) to be called Yahoo!…

More Australia’s Media Upheavel: Fairfax-Rural; Ten For Sale; Forms Digital Division; Yahoo!7 Shows - 0 Comments
Posted By Rafat Ali - Thu 07 Dec 2006 01:19 PM PST

It is a great time to be a media investment banker in Australia these days: the whole big media business landscape is changing literally week by week, with lots of…

Online Ad Rates-Cutting Costs in Australia - 1 Comment
Posted By Rafat Ali - Sat 02 Dec 2006 10:34 AM PST

Kinda confusing story, but turns out in Australia, major online publishers have slashed their advertising rates by up to 60 per cent on vast blocks of inventory as a string…

Ashes Online Blackout In Australia; Only BBC Deal - 3 Comments
Posted By Rafat Ali - Mon 20 Nov 2006 09:21 PM PST

How moronic can you get about online sports rights? This summer’s Ashes cricket series online, being held in Australia, has banned online video coverage of the much-anticipated battle between Australia…

Australia’s Seven Group To Form $3.1 Billion JV With KKR; Includes Yahoo!7 - 0 Comments
Posted By Rafat Ali - Sun 19 Nov 2006 07:08 PM PST

The Australian media landscape has seen three big to blockbuster deals in a month, after passing of new laws by the government which relaxed long-held cross-media ownership and foreign ownership…

Murdoch: News Corp. Could get $6 Billion For MySpace Now - 4 Comments
Posted By Staci D. Kramer - Tue 14 Nov 2006 09:13 AM PST

MySpace would likely sell for $6 billion now, News Corp. chairman and CEO Rupert Murdoch told Australian investors today. Details of the meeting come from UBS analyst Aryeh Bourkoff in…

News Corp. Acquires 25 Aussie Mag Titles From FPC; Includes Web Sites
Posted By Staci D. Kramer - Fri 10 Nov 2006 07:15 AM PST

News Corp.’s Australian arm News Ltd. is buying FPC’s Aussie magazine group—25 titles including delicious, Australian Good Taste, Notebook and the Australian editions of Vogue and GQ. The web sites…

PA Sport Takes Stake In Australian Online Sports Site Sportal - 0 Comments
Posted By Rafat Ali - Wed 25 Oct 2006 08:30 AM PST

PA Sport, the UK-headquartered digital sports information firm which recently bought out U.S. sports data firm SportsTicker, has now taken a stake in Australian sports internet and information company, Sportal…

News Corp. Acquires 7.5 Percent Of Australia’s Fairfax - 0 Comments
Posted By Staci D. Kramer - Thu 19 Oct 2006 09:12 PM PST

News Corp. bumps up its Australian activity with the acquisition of a 7.5 percent stake in John Fairfax Holdings Ltd., the country’s second-largest newspaper publisher. News Corp. spokesman Andrew Butcher…

CVC Buys Half Stake In New PBL Media Venture for $3.42 Billion - 0 Comments
Posted By Jemima Kiss - Thu 19 Oct 2006 09:12 AM PST

PBL is shifting its media assets into a new joint venture with CVC Asia Pacific. Backed by Citigroup, CVC paid $3.42 billion for its share of half the new PBL…