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Google and Facebook will have to pay for Australian news content

Monday 20 April, 2020
The ACCC has been ordered by the Morrison Government to develop a mandatory code of conduct to govern commercial dealings between tech giants and news media companies.
 
The code would require platforms like Facebook and Google to pay news media businesses for the content they produce.
 

Singo ready to move on from Macquarie Media

Monday 04 March, 2019

John Singleton has told The Australian that selling his shares in Macquarie Media is inevitable.
 
According to The Australian, any offer from the Nine Network will be delayed until and if Alan Jones signs a new contract to take him past June 30.
 

Fairfax shareholders vote "Yes"

Monday 19 November, 2018

Fairfax shareholders have voted for the Nine/Fairfax merger to go ahead.

Fairfax sharholders will decide on the Nine merger in November

Friday 19 October, 2018

Fairfax shareholders will vote on the merger with the Nine Network just prior to the company’s AGM in November.
 
The Scheme papers have now been sent out to eligible shareholders outlining the proposed merger.
 
If the Scheme is approved and implemented, eligible shareholders will receive 0.3627 new Nine Shares in addition to $0.025 in cash for each Fairfax Share held.
 

Macquarie Media:Full Year Results up by 24%

Thursday 09 August, 2018

Macquarie Media has released its annual results with growth in Net Profit After Tax of $21.5 million up $4.2 million, or 24% on last year.

As reported last week on radioinfo, Fairfax Media, currently in merger talks with the Nine Network, is a major shareholder with 54% of shares, but Macquarie Media controls the daily operations of the company.

Nine bails out of it’s stake in SCA

Friday 30 September, 2016

Since the new distribution deal signed in April, things couldn’t be better between SCA and the Nine network according the Nine CEO Hugh Marks.

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