Posted: September 4th, 2012 | Author: Michael Courtenay | Filed under: World of the News | Tags: Australian Landmarks, Australian Women's Weekly, Cleo, Gerry Harvey, Julian Assange, Madison, News International, Print Media, Rebekah Brooks, Retail Sales, Rupert Murdoch, Tom Crone, Wikileaks, Zoo Weekly | Comments Off
The 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 »»»»
Posted: August 4th, 2012 | Author: Michael Courtenay | Filed under: Business News | Tags: Consolidated Media, Fox Sports, Foxtel, James Packer, News Corp, News Corporation, Rupert Murdoch | Comments Off
Australia’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.
Posted: June 26th, 2012 | Author: Michael Courtenay | Filed under: Digital Media, Indeep Media, Media, Online Media, Print Media, Television, World of the News | Tags: Adobe, Business Spectator, Echo Entertainment, Eureka Report, Facebook, Fairfax Media, Fox Sports Australia, Foxtel, James Packer, Kim Williams, News Corporation, News Limited, Rupert Murdoch, Social Media, The Wall Street Journal, Twitter | Comments Off
Australia’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 »»»»
Posted: March 1st, 2012 | Author: Michael Courtenay | Filed under: World of the News | Tags: ABC Cameraman, Dag Hammarskjöld Fund for Journalists, Google, Google Privacy, Louie Eroglu, News, Rupert Murdoch, Tabloid, The Guardian, The Sun UK, Three Little Pigs, Wikileaks, World of the News | Comments Off
Beleaguered UK Tabloid: The Sun is of course still all over the news, ironicaly for a tabloid – for all the right reasons, bad behaviour. A British police chief has detailed allegations that journalists at Rupert Murdoch’s Sun newspaper cultivated a network of corrupt officials who received illegal payments in return for story tip-offs.
ABC Cameraman Louie Eroglu: has won the prestigious White House News Photographers Association’s video photographer of the year award for the second year running.
The Guardian Runs “Three Little Pigs” Open Journalism Advertisement: To demonstrate how the news organization covers stories from all angles while opening up the conversation for reader engagement, The Guardian published a video advertisement today that imagines news coverage around the classic fable about the Three Little Pigs.
Dag Hammarskjöld Fund for Journalists: is currently accepting applications for their 2012 United Nations Journalism Fellowship program. The Dag Hammarskjöld Fund for Journalists has awarded fellowships to journalists since 1962. For the United Nations Journalism Fellowship, four journalists are selected and are given the opportunity to report on international affairs during the UN’s annual General Assembly.
WikiLeaks Dumping Top Secret Intelligence Emails: Whistleblowing website WikiLeaks has begun publishing more than 5 million confidential emails from Texas-based intelligence firm Stratfor. WikiLeaks says it has proof of the firm’s confidential links to large corporations, such as Bhopal’s Dow Chemical Co and Lockheed Martin, as well as government agencies, including the US Department of Homeland Security, the US Marines and the US Defence Intelligence Agency :: Read the full article »»»»
Posted: February 24th, 2012 | Author: Michael Courtenay | Filed under: World of the News | Tags: Australian Media Roundup, Drone Journalism, Fairfax Media, JK Rowling, Rupert Murdoch, Seven Network, Simpsons 500th Episode, Ten Network | Comments Off
JK Rowling: Author of the Harry Potter book series, is writing her first novel for adults The British writer, 46, whose teenage boy wizard tales became international best-sellers and inspired a series of hit films, said on Thursday her new novel would be “very different” to the Harry Potter books that made her a household name and turned her into a billionaire. The Simpsons 500th Episode: Our favorite four fingered family, The Simpsons, have reached another milestone. On Sunday the 19th The Simpsons aired their 500th episode, “Long Last Leave”, Episode 14 of Series 23 to be precise. Since first airing December 17, 1989 the Simpsons have gone on to become an an institution of hilarity. Springfield’s all over America have never been the same. Australian Media Roundup: Fairfax’s 40 percent drop in revenue is about to take it’s toll on employees, the Seven Network ups it’s profits and market share. Meanwhile, Ten Network Holdings has warned that its half-year profits will be significantly down on the year before due to a drop in revenue from its television and outdoor advertising divisions. Rupert Murdoch’s latest venture, The Sun on Sunday kicks off this weekend, the challenge for Murdoch’s new Sunday tabloid: Keep the scoops, drop the sleaze. Drone Journalism: ABC has a superlative piece on one of the emerging tools in modern journalism ‘No Brooks it’s not your finger followed by your halitosis‘ Drones play an increasing and controversial role in modern warfare. From Afghanistan and Pakistan to Iran and Yemen, they have become a ubiquitous symbol of Washington’s war on terrorism. World of the News Online: Gannett, the largest United States newspaper chain, has announced plans to begin charging for online access to its 80 US dailies by the end of the year with the exception of flagship USA Today. Read the full article »»»»
Posted: November 7th, 2011 | Author: Michael Courtenay | Filed under: Hard Pill to Swallow, Socially Engineerd | Tags: Americas Extreme Poverty, China, Cyber Espionage, Espionage, Extreme Poverty, Hack, Hacked, hacking, News, Phone Hacking, Poverty, President Barack Obama, Rupert Murdoch, Russia, State of the Nation, State of the Press, The Sun Newspaper, USA, Zimbabwe | Comments Off
“We live in strange times” a quote that has truly lived through the test of time, each generation seems to have blurted this almost useless phrase since pelt clad artists scribbled on the walls of caves in Lascaux. What’s changed, clearly quite a lot, but not so much! “News travels fast” now there’s a quote we can stick with, that along with Hard Pill to Swallow and you’ve pretty much got a round-up on what news is . . .
Week 1, November 2011
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