News Corp Australia details $40m cost-cutting plan
Chairman Michael Miller says the publisher will look at resourcing, processes and the possibility of redundancies to achieve $40 million in cost cuts.
Chairman Michael Miller says the publisher will look at resourcing, processes and the possibility of redundancies to achieve $40 million in cost cuts.
Government-owned broadband company NBN Co has increased quarterly revenues to $181 million and is meeting its roll out and revenue targets, management revealed on Tuesday morning.
Listed property site REA Group has increased earnings in the first quarter of the financial year, despite a drop in the number of properties for sale, particularly in Sydney and Melbourne.
NBN Co is matching telcos' marketing dollars in a bid to increase broadband take up and get more Australians using faster speeds.
The government's media reforms still does not have Labor and Greens Senators' support despite the industry completing another round of consultation and inquiry.
Local journalists and camera operators will be hired to produce nightly news bulletins for regional areas in Victoria, New South Wales and Queensland, in a joint venture by Channel Nine and Southern Cross Austereo.
Canberra will be the first ratings battleground when Southern Cross Austereo launches 15 local Nine News bulletins in regional markets.
In news that will tickle the hearts of middle-aged science fiction fans, who may have dreamed of having a television in their pockets as children, a new television app launches on Monday.
Bring-you-own-phone mobile service provider Amaysim has reached 1 million customers since launching in Australia six years ago.
Automated technology including ''robot cameras'' is potentially taking the jobs of ABC staff in its Parliament House bureau.
Fairfax Media's revenue so far this financial year is below last year but better than the company expected, according to a trading update on Thursday.
More than 1 billion people access the social network through their smartphones now every day. But there's a limit to how many ads the social network can put in front of them.
Prime Media expects to see net profits of up to $16 million this half, thanks to an advertising revenue boost from the Olympics and strong pre-Christmas advertising.
Music streaming service Guvera has left former employees thousands of dollars out of pocket after failing to pay severance or entitlements to staff from its North America and South America business.
The video game designers who gave birth to the hit Call of Duty franchise are finding it's hard to outgun their own creation.
Up to 8 million Australian households will be subscribing to either Netflix or Stan in coming years, with the Australian-owned streaming service expecting to turn a profit by early 2018.
Twitter said on Thursday it would cut 9 per cent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations.
The IPO could value the social media company at $US25 billion to $US35 billion, almost twice as much as in its most recent private fund raising.
La Trobe University campuses and its students will be test beds for futuristic parking, safety and traffic technology, as part for an $8 million partnership with Optus.
After selling its dusty regional newspaper business earlier this year, APN News and Media is snapping up video-heavy digital content sites.
Tabcorp might have excited the sharemarket with its $11.3 billion bid for Tatts Group last week – but not all the wagering giant's shareholders are happy.
The initial reaction to hearing about the AT&T;/Time Warner deal is fear.
Commercial media chiefs say local content is at risk unless "outdated" ownership regulations are overhauled.
The chief executives of Australia's biggest television broadcasters say the shockwaves from AT&T;'s blockbuster bid for Time Warner will reverberate in Australia as telecommunications companies up the ante in the battle for content.
The tie-up of AT&T; and Time Warner could kick off a new round of industry consolidation amid massive changes in how people watch TV.
Prime TV is cutting costs as Australia's regional broadcasters plead for changes to media ownership rules that prevent them merging with metropolitan TV networks.
A combination of the two companies could rival some of the biggest mergers in history and could kick off a new chapter for the media and technology world.
Did the US media really turn on Republican presidential candidate Donald Trump midway through the election campaign?
The regional TV industry, like Bill Murray’s weatherman in Groundhog Day, is trapped in a seemingly endless time loop, say frustrated network CEOs.
A write-down to the value of its television broadcast licence has pushed the Ten Network into another full-year loss, albeit smaller than last year's.
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