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New Weekend Newspaper Hits the Stands

Posted: February 28th, 2014 | Author: | Filed under: Digital Media, Favorite New Thought, Media, Print Media | Tags: , , , , | 1 Comment »

New Weekend Newspaper Hits the Stands First Edition

A crisp new weekend newspaper has hit the stands in Sydney, Canberra and Melbourne this morning, hoping to prove that print media can thrive in this digital age. The Saturday Paper is produced by property developer and publisher  Morry Schwartz – the man behind the influential Quarterly Essay and The Monthly – The Saturday Paper is edited by 25-year-young former Fairfax journalist Erik Jensen.

The Saturday Paper will be on stands each weekend in print, it’ll also be published online and as a mobile app. Mr Schwartz has attracted some heavy hitting pens to the new paper, including former Fairfax journalist, author and social commentator David Marr :: Read the full article »»»»


Business Outlook Upbeat Globally, Soft Locally

Posted: February 6th, 2013 | Author: | Filed under: Business News | Tags: , , | 1 Comment »

Business Outlook 2013-2014It’s that time of year, forecast! Leading economic forecasting agency – Deloitte Access Economics – points to global growth will start to improve this year, but a slight slowdown in Australia.

The Business Outlook report from Deloitte Access Economics predicts that the big mining construction projects – which have fuelled much of Australia’s recent growth – are “hurtling towards a peak”. Deloitte Access director, Chris Richardson, says the non-mining industries will need to step up.

“The risk is that Australia has a pothole, and that does mean that other sectors will have to take a load,” Mr Richardson told ABCs business reporter Rebecca Hyam.

Mr Richardson said an expected pick-up in home building and retail spending should help, but the strong Australian dollar means manufacturing and tourism are likely to remain flat :: Read the full article »»»»


World of the News

Posted: September 4th, 2012 | Author: | Filed under: World of the News | Tags: , , , , , , , , , , , , , | 1 Comment »

World of the NewsThe global behemoth that is News (Ltd + International) is creeking and groaning under it’s own size as it attempts to reform itself for the digital age, changing the way it does business, answering for the way it’s done business and comes to terms with the trouble it’s had downsizing it’s business.

In the UK, the saga of phone-hacking goes on with Former News International chief Rebekah Brooks has appeared briefly in a London court, accused of conspiring to hack phones. As well as Brooks, former legal manager of Rupert Murdoch’s News International has been arrested in connection with the phone hacking scandal. In Australia the behemoth has not announced that up to 80 more editing and reporting jobs will be cut from News Limited, including dozens across Queensland.

The once golden Nine stable of multimedia products has dipped further into trouble times. Nine Entertainment has announced the sale of ACP Magazines- Australia’s largest stable of print based media –  to German media giant Bauer. The sale is reported to be worth about $500 million and is expected to be finalised in the next one to two months.

Mega wealthy – non-smoking tea toatler – Gina Rinehart puts her 50c $2 worth into the cost of labour debate.

No post would be complete without comment on Julian Assange, his latest antics – stuck within the shrinking walls of the Eucadorian Embassy in London – Mr Assange, or Our Jullian as we like to refer, is prepping himself for a 12 month camp-out as he steadies himself for waht looks like a very long fight. At what point does one need to ask the question; ‘surely he’d be done with the fight if he’d gone to Sweden 3 years ago?’

In proof that there is still some value in old-school communication devices, a Scottish fishing boat’s skipper has found a message in a bottle, 98 years after it was released. The bottle was released by the Glasgow School of Navigation in 1914 as part of an experiment to map the currents in the sea off the Scottish coast :: Read the full article »»»»


ACCC Won’t Block News Corp’s Takover of Packer’s Consolidated Media

Posted: August 4th, 2012 | Author: | Filed under: Business News | Tags: , , , , , , | Comments Off on ACCC Won’t Block News Corp’s Takover of Packer’s Consolidated Media

ACCC Won't Block News Corp's Takover of Packer's Consolidated MediaAustralia’s corporate and competition watchdog says it will not oppose a bid by Rupert Murdoch’s News Corporation to take over James Packer’s Consolidated Media Holdings. News Corp’s Australian subsidiary News Limited has offered to buy Consolidated Media, which is controlled by Mr Packer, for $2 billion. The move would double News Limited’s stake in dominant pay-TV operator Foxtel. The Australian Competition and Consumer Commission – ACCC – says the takeover is unlikely to substantially reduce competition. It is still assessing a proposal by the Kerry Stokes-controlled Seven Group to take over Consolidated Media.

The Australian is reporting that James Packer has welcomed the competition watchdog’s decision to approve News Limited’s $2 billion bid to buy Consolidated Media Holdings, as a wait-and-see game unfolds on whether Kerry Stokes will oppose the bid. The expected decision buoyed Mr Packer. He wants to sell his ConsMedia controlling share to concentrate on his gaming assets.

“I welcome the Australian Competition & Consumer Commission’s decision and reiterate that this is a good deal for News at a fair price,” Mr Packer told The Australian. The green light from the ACCC allows News Limited to move a step closer to gaining what analysts say will be high-earning pay TV assets when it won regulatory approval for its acquisition of Consolidated Media.

In June, News, the owner of The Australian, made a $2 billion bid for ConsMedia.”The ACCC’s view is that this acquisition is unlikely to lead to a substantial lessening of competition in any relevant market,” ACCC chairman Rod Sims said. James Packer’s ConsMedia has a 50 per cent shareholding in Fox Sports Australia and 25 per cent of the shares in pay TV operator Foxtel.


UPDATED: News Limited Shakes It ALL Up

Posted: June 26th, 2012 | Author: | Filed under: Digital Media, Indeep Media, Media, Online Media, Print Media, Television, World of the News | Tags: , , , , , , , , , , , , , , , | 2 Comments »

News Limited Shakes It ALL UpAustralia’s media landscape has been through the ringer over the past few weeks, the ground is changing at a pace not seen since the eighties. The latest shake-up comes from the ever stoic News Limited – the Australian arm of News Corporation – the company has announced a massive restructuring of the way it delivers news.

The announcement on last week, which included job cuts and a reduction in east coast operations from 19 divisions to five, came days after Fairfax Media outlined plans to axe 1,900 staff, move jobs offshore, close two major printing presses and downsize its flagship newspapers to tabloids, as well as it’s ongoing boardroom battles with billionaire Gina Rinehart.

Despite the cuts, News Limited CEO Kim Williams has told staff that the organisation remains committed to print :: Read the full article »»»»