Seven West executives have forecast full-year earnings that exceed analysts' estimates and say the momentum will continue with its Olympics and Ashes coverage.
Facebook hopes to sign more deals with Australian news organisations for content as the social media giant prepares to introduce a separate feed by year's end.
Facebook has struck content deals with Australia's two largest media companies, News Corp and Nine Entertainment, following the recent introduction of bargaining laws.
Cricket Australia could provide up to an $8.3 million discount to broadcaster Seven West Media, in light of the financial impact from changes to the current season.
Nine boss Hugh Marks said the media company has resumed talks with Facebook, and is continuing talks with Google, for the digital giants to pay for its news stories.
Facebook is expected to follow Google in striking lucrative lump sum deals with Australian media companies to avoid being stung under world-first laws.
Australia's media code will be tweaked to make it clear tech giants are expected to pay news organisations a lump sump rather than for every time an internet user clicks on a link.
Seven West Media has today become the largest Australian news organisation to strike a content sharing agreement with Google, while also announcing a profit recovery.
Google has launched a fresh bid to tackle a federal government move to make it pay for news content, offering a $1.3 billion program to support journalism.
ASX-listed marketing company IVE Group has acquired Australian Community Media’s printing operations in Mandurah and signed a contract to print and distribute the company’s newspapers.
Western Australian writer Holden Sheppard’s debut novel, Invisible Boys, could make it to the big screen, after director Nicholas Verso and producer Tania Chambers optioned the film and television rights last month.
Having worked hard to adapt to the digital threats of an evolving media market, many publishers and broadcasters are now struggling with the impacts of COVID-19.
Newswire service AAP has announced a crowdfunding campaign to fundraise to support its services, two months after it was purchased by a consortium of philanthropists and investors.